Retail sales surge 0.7% in March as Americans seem unfazed by higher prices with jobs plentiful
Americans increased their spending pace in March at a better-than-expected pace from the previous month, underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges.
Flagler County man accused of assaulting healthcare worker also accused of assaulting 11-year-old girl in Walmart
A 64-year-old Flagler County man was arrested on New Yearโs Day after assaulting a healthcare worker and assaulting an 11-year-old girl in a Walmart, according to the Flagler County Sheriffโs Office (FCSO). Deputies believe there could be more victims.
X says Walmart pulled ads in October, weeks before Media Matters hate speech report and Musk rant
Walmart is the latest company to publicly join the growing flock of major advertisers to pull spending from X, Elon Muskโs beleaguered social media company, amid concerns about hate speech โ as well as reaching a sizeable audience on the platform.
Jacksonville company โ Deeโs Nuts โ sues company tied to YouTube star MrBeast, claims trademark infringement
MrBeast, 25, made his fortune using a long list of revenue streams that include posting highly produced and sometimes controversial videos to his 189 million YouTube followers, selling merch and through his Feastables snack bar line. Feastables is now being sued by a Jacksonville company.
Walmart boosts outlook after a strong first quarter and rising online sales
Walmart reported fiscal first quarter profits and sales that beat Wall Street estimates as the nationโs largest retailer keeps drawing budget conscious consumers to its aisles looking for food and other items in a challenging economic environment.
An inflation gauge tracked by the Fed slows to still-high 6%
A measure of inflation that is closely monitored by the Federal Reserve eased but remained at an elevated level in October, likely reinforcing the Fedโs intent to keep raising interest rates to cool the economy and slow the acceleration of prices.
Target's 3Q profit drops 52% as shoppers force price cuts
An unexpected and potentially ominous pullback in customer spending ahead of the holiday shopping season pushed third quarter profits at Target down 52% after it was forced to slash prices for Americans who are feeling the squeeze of inflation.