Joining me now is Bill Simon, former Walmart US president and CEO. Bill, it's great to have you here. Give me a little bit of your thesis on why you think the consumer is in control.>> Hey Courtney, good to see you again. Yeah, I mean, look, the consumer's, you know, pretty flush right now. Nominal wages are up 4%.The inflation report today was relatively tame. There's been a lot of, you know, dark news about tariff this and tariff that and, you know, it is a bit of a roller coaster. It's on, it's off, it's ...

Target (TGT) is eliminating 1,800 roles as the company works through an ongoing sales decline, with incoming CEO Michael Fiddelke set to take the helm next February. In a memo to employees on Thursday, Fiddelke, who has been with the company since 2003, said the retailer will eliminate 8% of its corporate roles in the US, including 1,000 existing roles and closing some 800 open roles the company had been hiring for. The layoffs are not set to impact logistics or in-store employees. "Our focus is clear: d ...

Welcome to Yahoo Finance's flagship show, The Morning Brief. I'm Julie Hyman. Let's get to the three things you need to know today.First up, US stock futures shooting higher on the heels of the consumer price index report. The S&P 500 set to open at a new all-time high. This coming after the September consumer inflation report showed prices rose 3% from a year ago.Economists had expected them to rise 3.1%. The market is now baking in another rate cut from the Federal Reserve. Well, they already were.Now the ...

Key Takeaways Target plans to cut 1,800 corporate positions, or about 8% of its global workforce.The retailer aims to boost efficiency and speed execution ahead of the holiday season.TGT shares have fallen 37.6% in a year, while peers Walmart and Amazon gained ground.Target Corporation (TGT) is taking bold steps in response to mounting competitive pressures. According to CNBC, the retailer announced plans to eliminate about 1,800 corporate positions, a move that includes 1,000 layoffs and the removal of rou ...

Canada's Prime Minister Mark Carney waves next to U.S. President Donald Trump at the White House in Washington, D.C., U.S., Oct. 7, 2025. Evelyn Hockstein | ReutersThis is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five key things investors need to know to start the trading day:1. Oh, CanadaPresident Donald Trump said late last night that he is ending all U.S. trade negotiations with Canada over an ad aired by Ontario's provincial government featuring ...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Spotify.Getty ImagesSeeking Alpha News Quiz Up for a challenge? Test your knowledge on the biggest events in the investing world over the past week. Take the newest Seeking Alpha News Quiz and see how you stack up against the competition. Good morning! Here is the latest in trending:Featuring Reagan: "ALL TRADE NEGOTIATIONS WITH CANADA ARE HEREBY TERMINATED," President Trump posted on Truth ...

Getty Images Listen below or on the go via Apple Podcasts and Spotify Alaska Airlines ( ALK ) IT outage halts flights . (00:30) Target ( TGT cuts 1,800 corporate job positions in significant downsizing. (01:39) All eyes on CPI report after weeks of economic data blackout. (02:20)This is an abridged transcript. Operations at Alaska Airlines (NYSE:ALK) have been restored after the airline grounded all its flights on Thursday after an IT outage impacted operations. Just before 4:30pm Pacific time, Alaska ...

Getty Images Listen below or on the go via Apple Podcasts and Spotify Alaska Airlines ( ALK ) IT outage halts flights . (00:30) Target ( TGT cuts 1,800 corporate job positions in significant downsizing. (01:39) All eyes on CPI report after weeks of economic data blackout. (02:20)This is an abridged transcript. Operations at Alaska Airlines (NYSE:ALK) have been restored after the airline grounded all its flights on Thursday after an IT outage impacted operations. Just before 4:30pm Pacific time, Alaska ...

Target Corporation (NYSE:TGT) plans to cut around 1,800 corporate roles as the retailer looks to get back to growth, according to several media reports citing an internal memo sent on Thursday.Job Cuts Amid ‘Complexity’It marks the first major round of layoffs in a decade for the Minneapolis-based retailer. Incoming CEO Michael Fiddelke, in an internal memo to employees at its headquarters, said the company will be laying off roughly 1,000 global corporate employees and eliminating 800 open roles, according ...

The US retail giant Target announced on Thursday that it is cutting 1,800 corporate jobs, a significant and painful restructuring that marks the company's first major round of layoffs in a decade. ...