Economy
A top Wall Street analyst’s stellar endorsement of TJX Companies makes us want to buy more shares of the discount retailer. Matt Boss of JPMorgan — Jim Cramer’s favorite retail analyst — said Friday that several off-price retailers, including Ross Stores , Burlington Stores , and Club holding TJX, were…
OpenAI has disbanded its team focused on the long-term risks of artificial intelligence just one year after the company announced the group, a source familiar with the situation confirmed to CNBC on Friday.The person, who spoke on condition of anonymity, said that some of the team members are being re-assigned…
A Frontier Airlines plane lands at the McCarran International Airport in Las Vegas on Feb. 27, 2020.Elizabeth Page Brumley | Tribune News Service | Getty ImagesFrontier Airlines said it will stop charging customers a fee to change their flights, taking a page from larger competitors as the Biden administration issues…
The term “public speaking” conjures images of packed auditoriums and spot lit podiums. But, in reality, we are public speaking all the time. Experiences like presenting in a meeting or pitching your boss on a new idea require you to exercise effective communication skills.To get your point across in a…
The Dow Jones Industrial Average closed slightly lower Thursday after briefly jumping above 40,000 for the first time.At its high of the day, the blue-chip average reached 40,051.05, the culmination of a bull market that began in October 2022. The index had neared the 40,000 mark earlier this year before…
Walmart on Thursday topped quarterly earnings and revenue expectations, as the discounter made significant e-commerce gains, drove profits with newer businesses like advertising and won over more high-income shoppers.The big-box retailer said it now expects to hit the high end or slightly top its previous full-year guidance. Walmart had expected…
Mugshot of PGA Golfer Scott Alexander Scheffler, arrested for assault on police after trying to enter PGA Championship venue.Source: WaveScottie Scheffler, the top golfer in the world, was taken into custody Friday and charged with felony assault on a police officer and reckless driving outside of a PGA championship event…
Most people will go to great lengths to feel more happiness.Seventy-eight percent of participants in a 2022 survey said they’d even pay a premium for true happiness if it were possible, according to an Oracle Fusion Cloud Customer Experience survey of 12,000 consumers and business leaders.Stephanie Harrison, a researcher who…
Wayfair store in Wilmette, Illinois.Courtesy: WayfairWhat retail apocalypse?Online home goods retailer Wayfair is opening its first namesake store, near Chicago, following a string of other digitally native companies that have turned to brick-and-mortar for growth. In an ironic twist for a company that became a $12 billion powerhouse by persuading consumers…
Liu Jie/Xinhua via Getty ImagesInformation about Wednesday’s critical consumer price index release circulated early on the Bureau of Labor Statistics website, according to a statement from the agency.”In advance of [Wednesday’s] CPI and Real Earnings releases, BLS inadvertently loaded a subset of files to the website approximately 30 minutes prior…