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Target Touts Jump in Traffic From AI Platforms as Sales Climb
Target is seeing sales tick up amid a growth in digital traffic from artificial intelligence platforms. The retailer reported second-quarter 2026 earnings results Wednesday (Aug. 19) that showed guest traffic up 3.6% and comparable sales climbing 3.8%. Speaking during an earnings call, CEO Michael Fiddelke said Target is seeing the benefits of its agentic commerce…
UK’s FCA proposes reforms to slash asset management costs
The watchdog has opened a consultation on pay rules for firms regulated only by the FCA. Credit: T. Schneider/ Shutterstock.com. The Financial Conduct Authority (FCA) in the UK has proposed a set of reforms for the asset management sector, aiming to lower compliance costs and improve supervision. Most of the estimated £128m ($171.3m) in annual savings will be driven primarily by simplified Fund Reporting for Asset Management Entities…
Homeowners Sue to Halt New York City Pied-á-terre Tax Rollout
The first lawsuit against New York City’s messy pied-á-terre tax rollout has landed. Three homeowners filed a lawsuit in Richmond County Supreme Court challenging New York City and the Department of Finance’s implementation of a new pied-á-terre tax, which seeks to assess an additional tax on non-primary residences with home values above a certain threshold. …
Datadog: Why The Largest Customer Usage Cut Sparks My Downgrade To Sell
Datadog: Why The Largest Customer Usage Cut Sparks My Downgrade To Sell
Later life lending rises in Q2 but discrepancy between need and uptake remains – UK Finance
In Q2, 37,300 new loans were advanced to older homeowners – a rise of 13.4% year-on-year. UK Finance’s latest Later Life Lending figures showed that the value of this lending was £6.2bn, marking an increase of 20.5% versus the same quarter in 2025. However, UK Finance noted that the year-on-year comparison was “inflated” due…
Ukraine hits one of Russia’s biggest oil refineries in drone attack
People queue to refuel their cars at a Gazpromneft petrol station in Yaroslavl on July 15, 2026. Russia — one of the world’s largest oil producers — has introduced a swath of restrictions on petrol sales across the country, as Ukrainian strikes on its refineries, depots and logistics crimp domestic supply. Igor Ivanko | Afp…
