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After a long dry spell, retailer Target (TGT +4.54%) is back on track. That’s the quick takeaway from last quarter’s earnings report anyway. The company’s same-store sales grew 3.8% year-over-year on a 3.6% improvement in foot traffic for the three months ending in early August, driving total top-line growth of 5.3%, and marking the second…
With U.S. debt hitting $40 trillion, markets are turning more attention to that burden and whether policymakers will address the root causes or just the symptoms. The Treasury Department’s interventions in the bond and currency markets in recent weeks point to the latter. Treasury Secretary Scott Bessent surprised Wall Street on Wednesday with a plan…
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The AI industry is reaping what it sows, as far as Texas Gov. Greg Abbott is concerned. Abbott said the sharp criticism Americans are lobbing at AI data centers is well-earned during an interview on ABC’s “This Week” on Sunday. “They basically dug their own grave for the problem that’s been caused for them, and…
Key Takeaways More than six in 10 U.S. adults would like to work for themselves. New research from OnDeck reveals which business ideas Americans are interested in. Want to work for yourself? You’re in good company; 62% of U.S. adults would prefer to be their own boss. But with no shortage of business ideas, which…
Can Hershey step up to buy Mondelez?
AI chip startup Groq has raised $350 million at a $3.5 billion valuation, roughly half the level it commanded less than a year ago, Bloomberg reported. The funding round, completed on Aug. 17, values Groq nearly 50% below the $6.9 billion valuation it secured in September 2025. The sharp drop comes after Nvidia struck a…
Regional variations paint a mixed picture The financial pressure is not evenly distributed across the country. Saskatchewan and Manitoba show the highest proportion of borrowers expecting payment increases, at 43 per cent, while Alberta sits at the opposite end at 29 per cent. Ontario, Quebec, and Atlantic Canada each come in at 39 per cent,…
Israeli Airstrikes in Gaza Kill Two, Including a Young Child, Medics Report Main Events and Developments Casualties and Immediate Impact By Nidal al-Mughrabi CAIRO, Aug 23 (Reuters) – Two Israeli airstrikes in the Gaza Strip on Sunday killed at least two people, including a 4-year-old boy, and wounded seven others, Palestinian health officials said. One…
Term insurance is no longer being positioned only for salaried people with families. A new student-focused offering is bringing life cover to people aged 18 to 25, including those who may still be studying and have not started earning. But for students, the key question is not whether premiums are cheap. It is whether…