Economy

Economy
Economy

Coca-Cola’s stock buybacks: What its latest program means for investors

Few companies have shaped modern culture quite like Coca-Cola (KO). Its clever advertising jingles introduced billions of thirsty drinkers to its sweet, fizzy beverages, helping to popularize the refreshment around the world. Coke even had a hand in shaping the image of Santa Claus — that jolly, red-suited figure we know around the world today.

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Economy

Target says shoppers are unknowingly leaving money behind

Target’s latest earnings report delivered a strong sales recovery and good news on future price cuts, but one figure signals a concerning shift in customer behavior. As one of the largest retailers in the United States, Target’s sales can often point to widespread consumer habits across the country.  Its second quarter financial results confirm the

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Economy

Starbucks brings back 23-year-old fan favorite with new menu

Starbucks has made a major change across its menu, and it comes at a pivotal moment for the coffee giant. The coffee chain is bringing back its most popular 23-year-old seasonal beverage, along with several returning favorites and a slate of new drinks and food items as it continues an effort to rebuild customer traffic

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Economy

Walmart stock price target reset by JPMorgan after earnings

Walmart just handed Wall Street a mixed bag.  Despite rising revenue and profits, shares of the big-box retailer fell more than 9%, following its recent quarterly results.  Soon after, JPMorgan adjusted its stock price target for Walmart (WMT).  Walmart stock price target drops to $125 At the time of writing, WMT stock trades around $104.

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Economy

Dog food recalled after illnesses linked to salmonella

A dog food company is recalling hundreds of bags of frozen raw chicken food after federal testing detected salmonella, and three dogs became ill. Oma’s Pride of Avon, Connecticut, is voluntarily recalling one lot of its Woof Complete Canine Chicken Recipe in six-pound bags after the Food and Drug Administration tested the product and found

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Economy

Retirees can supplement their Social Security with two top dividend stocks

Social Security checks rarely stretch as far as retirees hope. Even with a solid cost-of-living adjustment on the way for 2027, Medicare premiums and inflation tend to eat into the raise before it ever reaches a bank account. That is why many financial firms point retirees toward dividend stocks as a way to build a

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Economy

Liquor industry struggles grow with another Chapter 7 filing

While the actual decline is relatively small, even a slight drop in overall liquor sales can have a devastating impact on the industry. “Active U.S. craft distillers dropped from 3,069 in August 2024 to 2,282 in August 2025. Seven hundred and eighty-seven fewer operations in a single year,” according to The American Craft Spirits Association.

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Economy

Major alcohol company shrinks workforce by nearly 2,000

A major global alcohol company has reduced its workforce by nearly 2,000 employees as a sweeping restructuring takes hold. The management is also spending heavily to cut costs and generate billions of dollars in cash over the next several years. Diageo, the company behind Guinness, Johnnie Walker, Smirnoff, Don Julio, and Baileys, among others, reported

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Economy

125-year-old mall retail anchor closes discount outlet, cuts 101 jobs

The department store model isn’t dying. Instead, it is quietly reshaping itself. While headlines typically highlight massive retail contractions, including Macy’s closing 80 stores and Saks Global’s Chapter 11 bankruptcy, some of the legacy chains are executing strategic footprint adjustments instead of a full retreat. Few retailers illustrate this survival shift better than Nordstrom. The

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Economy

Spectrum drops free offer to win back internet customers

Spectrum, which is owned by Charter Communications, is rolling out a free offer to internet customers as it struggles to retain them amid tougher broadband competition.  The company revealed in its latest earnings report that it lost 172,000 internet customers in the second quarter of this year. Amid this trend, its internet revenue also declined

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