Black Friday early morning shoppers rush in as the doors are opened at a Walmart store in Fairfax, Virginia, Nov. 28, 2008. Gerald Martineau | The Washington Post | Getty Images Black Friday has long been defined by massive crowds, rock-bottom prices and rabid consumers willing to bite, scratch and claw their way to the…
U.S. President Donald Trump looks at Gobble one of two turkeys to ceremonially pardoned for Thanksgiving in the Rose Garden at the White House in Washington, D.C., U.S., November 25, 2025. Jonathan Ernst | Reuters President Donald Trump extended his pardon power to both Thanksgiving turkeys — Gobble and Waddle — during an annual holiday…
The stock market heads into the holiday-shortened week anticipating the release of data delayed by the government shutdown, along with a lingering undercurrent of worry about AI stock valuations and massive data center spending. Investors will look to determine what it all means for the Federal Reserve’s next interest rate move. Reminder: The stock market…
President Donald Trump announced on Nov. 14 that his administration is rolling back select tariffs on items including coffee, beef, cocoa and bananas, as he faces blowback for high grocery prices. But that doesn’t mean those prices are coming down anytime soon. Consumer price relief will take time, according to supply chain management data and history. The…
Three years since the arrival of OpenAI‘s ChatGPT, more devices featuring generative AI technology have hit the market in time for the 2025 holiday shopping season, with many offering deals for Black Friday. Shoppers can pick from more advanced smart glasses, smart speakers with genAI and a pendant AI friend that acts as a confidant….
Sign at the entrance to a Walmart in Venice, Florida(L), and a T.J. Maxx store in Pinole, California. Getty Images As more major retailers post earnings, one theme is clear: Value players are winning both the wealthy and the cash-strapped. Walmart and TJX, T.J. Maxx’s parent company, stood apart from the pack this week by…
Walmart raised its sales and earnings outlook Thursday as the retailer posted sales gains in its fiscal third quarter, driven by double-digit e-commerce growth and new customers across incomes. The retailer said it expects full-year net sales to climb between 4.8% and 5.1%, up from its previous expectations of 3.75% to 4.75%. It said it…
The Target bullseye logo is seen on the outside of its store at the Lycoming Crossing Shopping Center. Paul Weaver | Lightrocket | Getty Images Target posted a drop in quarterly sales and lowered its full-year profit guidance on Wednesday as the big-box retailer saw choppy spending and shoppers hunting for value. Despite its ongoing…
Shoppers walk through Manhattan on Nov. 7, 2025, in New York City. Spencer Platt | Getty Images High-income consumers are trading down, Gen Z is spending less, and low-income shoppers are still struggling, according to many consumer companies that shared their latest quarterly results in recent weeks. Those trends may not bode well for the…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market update: Stocks are trying to maintain a rebound after a nasty market sell-off on Thursday that carried over into Friday’s opening. It’s been a volatile…
