Dollar General (DG) shares tumbled Thursday, falling nearly 30% after the discount retailer reported weaker-than-expected earnings for the second quarter lowered its projections for full-year revenue. Dollar General reported $10.21 billion in revenue for the second quarter, up 4% from the same time last year but below analysts' estimates as...

Why Dollar General Stock Is Down Nearly 30% Today

CBS News

Low-income shoppers are pulling back on spending, resulting in disappointing sales at Dollar General, which on Thursday lowered its sales and profit forecast for the year."We believe the softer sales trends are partially attributable to a core customer who feels financially constrained," Todd Vasos, Dollar General's chief executive officer stated. The company is continuing with a turnaround plan it embarked upon after he returned to Dollar General from retirement last year, the CEO added.While multiple economic trends are positive, "this good news has not yet reached the wallets of Dollar General customers who remain very constrained and cautious," said retail...

Dollar General struggles as customers cut back on discretionary spending

The Motley Fool

The tech-centric index has had a wild ride this year, but technology stocks have a long runway ahead, according to Wall Street.

2 Nasdaq Stocks to Buy Before They Soar as Much as 102%, According to Select Wall Street Analysts

CNBC’s Jim Cramer on Thursday said he hopes Wall Street will abandon a larger-than-life view of. now that the company’s long-awaited earnings report is in the rearview mirror. Perhaps investors can now turn their attention to other worthwhile stocks that had been “lost in the Nvidia shuffle,” he said.

Cramer names four worthwhile stocks that were ‘lost in the Nvidia shuffle’

The 6th U.S. Circuit Court of Appeals said a lower court judge had discretion to let drivers sue in groups over Cadillac, Chevrolet and GMC vehicles equipped with 8L45 or 8L90 eight-speed automatic transmissions, and sold in the 2015 through 2019 model years. Drivers said the vehicles shudder and shake...

GM must face big class action over faulty transmissions

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public. If you're looking for a safe place to park significant savings, a jumbo CD can...

Best jumbo CD rates for September 2024

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NewsNinja

"They accidentally gave us 2 washers and a dryer when we only ordered 1 of each". Last month, Lowe’s experienced a glitch that lowered the price of its $2,300 Midea jumbo capacity refrigerator to just $169.

‘Lowe’s messed up’: Shopper says they got $2,300 fridge at Lowe’s for just $169

Best Life

Home Depot is sounding the alarm about people spending less on home improvement projects, reflecting a concern about interest rates.

Home Depot Just Issued This Warning About the Economy

‘Any meat items my dogs refuse to eat, I no longer eat.’ It’s said that animals have a “sixth sense,” which affords them an insight human beings cannot match. There are clips of security camera earthquake footage where pets can be seen wigging out seconds before tremors begin.

‘It ain’t food anymore.’: Dairy Queen customer warns against chicken after his dog refuses to eat it

GAP President and CEO Richard Dickson 'Mad Money' host Jim Cramer to talk quarterly results, consumer trends, and more.

GAP CEO Richard Dickson sits down with Jim Cramer

Nvidia said Wednesday that its board of directors has approved a $50 billion stock buyback. The computer chip giant announced the share repurchase as part of its fiscal second-quarter earnings, in which it reported earnings and guidance that surpassed Wall Street expectations. In May, Apple announced a $110 billion stock...

Nvidia announces $50 billion stock buyback

‘This is a game changer.’ Ordering off the kid’s menu comes with a certain set of expectations. Small portions, lower prices—possibly an age restriction—but generally, nothing too off-base as far as ordering food.

‘For $6, who cares?’: Applebee’s customer shocked after ordering both adult and kids’ cheeseburgers

Ike Boruchow, Wells Fargo senior analyst, joins 'Closing Bell' to discuss the retail landscape ahead of earnings.

Lululemon feels like Nike a few years ago, says Wells Fargo's Ike Boruchow

Lowe's will no longer participate in surveys for Human Rights Campaign, an advocacy group supporting transgender rights, and is also combining its various business resource groups that represent diverse employees into one umbrella organization, an internal memo obtained by Reuters on Monday showed. The company will not be sponsoring or...

Home improvement retailer Lowe's latest U.S. firm to end some diversity policies

The iPhone maker is set to take its flagship device to the next level.

Should You Buy Apple Stock Before Sept. 9? Here's What the Evidence Suggests

Business Insider

While some companies are moving away from diversity programs, it's something a majority of Americans support, per an April poll.

Companies from Harley-Davidson to John Deere are backing down on DEI

Dania Beach, FL

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Akeena

If you’ve recently shopped at the Walmart Neighborhood Market on East Sheridan Street in Dania Beach, you might want to double-check your purchases. A recent inspection by the Florida Department of Agriculture revealed some alarming issues, including moldy meat and improperly stored chicken.

Moldy Meat and Warm Chicken: Walmart Neighborhood Market  Faces Inspection Troubles in Florida

Upstart is gearing up for a convincing return to growth, and that could propel a recovery in its stock price.

1 Unstoppable Artificial Intelligence (AI) Stock Down 90% It's Time to Buy on the Dip

The cost of a college education — long touted as a requirement for a fulfilling, high-paying job — has soared over the last couple of decades, stoking skepticism among Gen Z about the true value of a four-year degree. As the youngest generation in the workforce debates the...

Meet the Gen Zers skipping college to take blue-collar jobs and launch trade businesses: ‘One of the smartest decisions I ever made’

New York Post

The Dow notched a record high close on Thursday in mixed trading following robust US economic data, while artificial intelligence chipmaker Nvidia dropped after its largely in-line forecast failed to impress investors.

The Dow Jones Industrial Average hit an all-time high of 41,577.97 before closing at 41,335.05, a gain of of 243.63 points, or 0.6%. The blue-chip index’s previous record close was 41,250.50 on Tuesday. 

The S&P 500 was flat, while the Nasdaq edged down 0.2%.



The economy grew faster than initial estimates due to strong consumer spending, the Commerce Department reported, supporting expectations the US is likely to avoid a recession.

Dow closes at record high as Fed-fueled rally continues on Wall Street

“Downward revisions to inflation accompanying...

3-Stock Lunch: Best Buy, Dollar General & Affirm

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