— Target will lay off 1,000 corporate employees and close 800 open roles — affecting roughly 8% of its global corporate workforce — the company said Thursday. The layoffs and changes “set the course for our company to be stronger, faster and better positioned” for the future, incoming Target CEO Mi»»»

Microsoft has confirmed it will eliminate approximately 9,000 positions across its global workforce. This marks the company's second significant round of layoffs this year, and its second largest overall, following the cuts of 11,000 jobs last year and 6,000 earlier this May, as part of an ongoing »»»

Investors eagerly await Walmart's quarterly report for insights into U.S. consumer health amidst rising inflation and potential tariff impacts. The S&P 500 showed resilience despite inflation concerns. Walmart’s comments will be closely watched, as they could indicate how higher costs are affecting»»»