Tax refunds help to lift US retail sales; drag from rising inflation looms
U.S. retail sales increased solidly for a third straight month in April, though part of the rise in receipts was due to a sharp rise »
Cisco’s says it’s cutting almost 4,000 jobs
Cisco shares soared 15% after the networking company issued results and guidance that topped Wall Street’s projections on Wednesday after the bell. The company said »
Walmart lays off or relocates about 1,000 corporate workers
Walmart is cutting or relocating roughly 1,000 corporate jobs as the retail giant continues a broader restructuring effort focused on efficiency, technology, and changes to »
Will California gas hit $7?
Eleven weeks into the Iran war and a global energy shock, California drivers are paying the highest gas prices in the nation, an average of $6. »