Economy

Economy
Economy

Publix plans significant store change customers will soon notice 

Publix is making a significant change to its store footprint as it struggles to win over customers.  The grocery chain’s comparable store sales declined 0.5% year over year in the second quarter of 2026, according to a press release. Publix attributed the sales drop to “the impact of the MFP (maximum fair price) change” in

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Economy

Citi issues stark stock market call as a 1970s signal returns

Stock-market investors spent much of 2026 learning to live with things that would normally make them nervous. Higher interest rates, expensive oil, sticky inflation, and Treasury yields are at levels not seen in decades. So far, strong earnings and the AI boom have kept the market remarkably close to record highs. Citi now believes resilience

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Economy

PepsiCo cuts outlook as its home-market problem deepens

For the majority of the last year, PepsiCo has been attempting to persuade Americans to put more Lay’s, Doritos, and Pepsi products back into their shopping carts. As a result of the effort, the company has made some progress, but it’s not happening fast enough. PepsiCo (PEP) cut its 2026 profit outlook on October 8

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Economy

Target tackles a frustrating problem for shoppers

Have you ever walked through a store looking for someone who can help, only to realize you have no idea who actually works there? It can be even more frustrating when employees are dressed similarly to the customers around them. A shopper may spend several minutes searching for assistance simply because the person stocking a

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Economy

Nvidia and Micron are about to lord their successes all over Wall Street

Earnings season usually belongs to hundreds of companies at once. This time, two chipmakers could steal most of the show. Nvidia (NVDA) and Micron (MU) are expected to deliver more than a third of the S&P 500’s earnings-per-share growth for the third quarter, according to a ZeroHedge analysis of Goldman Sachs and FactSet estimates, Yahoo

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Economy

A Chinese tech giant’s new phone leaves 1 question for investors

If your next phone costs more than the one in your pocket, blame the memory chips inside it. Huawei Technologies has just admitted as much. Richard Yu, who runs Huawei’s consumer business, said rising memory prices have added about $200 on average to the cost of each handset, according to Reuters. “Moving forward, we will

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Economy

Google’s nuclear shortcut hands one power stock a record deal

On Tuesday, Oct. 6, 2026, Alphabet (GOOGL) signed a 20-year power purchase agreement with Constellation Energy (CEG) to support 890 megawatts of new nuclear output from upgrades to 11 existing reactors, according to the company’s announcement. Seeking Alpha called it the largest uprate deal ever between a nuclear provider and a tech company. Constellation shares

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Economy

Meta Muse gives AMD and Intel investors a reason to cheer

For most of the AI boom, one kind of chip got all the attention. Graphics processors trained the big models, Nvidia sold them, and the older hardware makers took a back seat for years. That script began to wobble by early June. Agentic AI started pulling those older names higher, while GPU-focused Nvidia lagged the

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Economy

Warren Buffett’s $142 billion fortune hits a new milestone

Warren Buffett no longer runs Berkshire Hathaway. He also no longer serves as its chairman. Yet his personal wealth may still be moved by hundreds of millions of dollars in a single trading session by the firm he spent decades developing. Buffett was forced back into an elite club as a result of that. On

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Economy

Option Care stock surges on McKesson’s home-infusion bet

Option Care Health (OPCH) shares were up about 33% to $31.11 around midday Tuesday, Oct. 6, after McKesson and private-equity firm Clayton, Dubilier & Rice agreed to take the home-infusion provider private. The buyers will pay $32.05 per share in cash, valuing Option Care at about $5.8 billion, including debt. The offer represents a roughly

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