Stimulus checks, reopening economy help Target sales hit the mark
Target Corp beat estimates for quarterly same-store sales on Wednesday as a strong vaccination drive across the country encouraged shoppers to return to the stores and spend their stimulus checks on home goods, clothes and other items......»»
Economic Report: Stimulus checks ring up 9.8% sales gain for U.S. retailers in March as economy revs up
Sales at U.S. retailers leaped almost 10% in March thanks to $1,400 stimulus checks and an accelerating economy that's likely to stay in the fast lane through the spring and summer......»»
Economic Report: Stimulus checks ring up 9.8% sales gain for U.S. retailers in March
Sales at U.S. retailers leaped almost 10% in March thanks to $1,400 stimulus checks and an accelerating economy that's likely to stay in the fast lane through the spring and summer......»»
Benzinga Pro"s Top 5 Stocks To Watch For Thurs., Apr. 23, 2020: TGT, MAR, ZM, GOOD, BECN
Today's 5 Stock Ideas:Â Target (TGT)Â - A play on the US economy reopening. Despite news Thursday morning Target's quarter-to-date same-store sales were up 7% year over year, the stock was down 4% in read more.....»»
AutoZone bolstered by stimulus checks, major sales growth in commercial business
AutoZone bolstered by stimulus checks, major sales growth in commercial business.....»»
Global stocks climb as Fed officials cool inflation jitters, while bitcoin holds gains after Elon Musk signals support
Officials said temporary factors tied to the reopening economy are driving the faster rise in prices, rather than anything permanent. AP/Mark Lennihan Global stocks rose on Tuesday as.....»»
Starbucks, Target, Trader Joe"s are dropping mask rules. Why California is stopping them for now
California doesn't plan to adopt the CDC's masking guidelines until June 15 — the target date for reopening the full economy.California doesn't plan to adopt the CDC's masking guidelines until June 15 — the target date for reopening the full economy......»»
Walmart hikes profit forecast as stimulus checks boost sales
Walmart Inc. raised its full-year earnings outlook as another batch of stimulus checks propelled same-store sales past Wall Street estimates......»»
DoorDash attributes Q1 sales growth to stimulus checks
DoorDash released its earnings report on Thursday, which showed that revenue grew to $1.1 billion, which is a 198% year-over-year increase......»»
April US retail spending hits new record but lands below estimates as stimulus fades
Sales edged slightly higher, by just $136,000, after stimulus checks and expanded unemployment ben.....»»
Economic Report: Consumer spending soars in March after Americans get $1,400 stimulus checks
Consumers splurged on new cars, recreational goods and takeout food in March after most Americans received $1,400 government stimulus checks, giving a big shot in the arm to an economy still recovering from the coronavirus pandemic......»»
The economy grew 6.4% in Q1 as stimulus checks, COVID-19 shots, looser business constraints spurred more spending
The economy grew 6.4% in Q1 as stimulus checks, COVID vaccine shots set off shopping sprees. The showing defied .....»»
The economy grew 6.4% in Q1 as stimulus checks, COVID shots, looser business constraints spurred more spending
The economy grew 6.4% in Q1 as stimulus checks, COVID vaccine shots set off shopping sprees. The showing defied .....»»
3 charts show how the US economy roared back to life in April
Fresh stimulus and gradual reopening had a positive effect on the economy, but UBS f.....»»
$1,400 stimulus checks send Americans shopping: March retail sales soar 9.8%
Newly vaccinated and armed with $1,400 sti.....»»
US stocks surge to record highs as jobless claims hit pandemic-era low and retail sales surge
Strong retail sales data and a drop in weekly jobless claims served as a signal to investors that the reopening of the US economy is progressing. Xinhua/Wang Ying/Getty Images US stocks c.....»»
Spending at US retailers rockets 9.8% higher as stimulus supercharges reopening
The bounce nearly doubled the median estimate for a 5.8% gain and places sales at their highest level since data collection began in 1992. AaronP/Bauer-Griffin/GC Images US retail sales surged 9.8% in March to a record $619.1 billion, the.....»»
: Strategist: Don’t be surprised to see double-digit retail sales growth
March retail sales in the U.S. may have climbed by a double-digit percentage, thanks to the $1,400 stimulus checks distributed by the federal government, according to a strategist at a fund manager......»»
Biden says more than 100 million stimulus checks have gone out so far, "and millions more will be getting their money very soon"
Biden also touted other signs of growth in the economy since the passage of the American Rescue Plan, adding, "Help is here and hope is on the way." Joe Biden. AP Bi.....»»
Data suggest retail investors have gone into "hibernation" and the pause could put crypto stocks and reopening trades at risk, Vanda Research says
Retail investors are lagging the S&P 500's performance, leaving them reluctant to pour their $1,400 stimulus checks into stocks, says one firm. Images By.....»»
Many Americans using their stimulus checks to dabble in the stock market: ‘Whatever. I’ll give it a shot’
The government sent stimulus checks out to prop up the economy. They may also be propping up the stock market.The government sent stimulus checks out to prop up the economy. They may also be propping up the stock market......»»