Walmart reports weakest U.S. comparable sales growth in six years, shares dive 6%
Retail giant Walmart has posted its slowest U.S. comparable sales growth in six years for the quarter ended July 31, 2026, sending…
Market & Business
China’s Car Market Slumps At Home As Exports Surge
China’s passenger car market just posted its 10th straight monthly decline in July 2026, with domestic sales down roughly 20% year-on-year to…
Lowe’s slashes annual forecast as sluggish housing market dents demand
Lowe’s has dramatically lowered its full-year outlook, now predicting flat comparable sales for the fiscal year after second-quarter comparable sales rose just…
Target sales rebound as shoppers snap up fresh merchandise
Target delivered a 3.8% rise in comparable sales for the second quarter of 2026, marking its second straight quarter of growth under…
Amazon to expand drone delivery to 500 cities
Amazon announced on August 19, 2026, that it will expand its Prime Air drone delivery service to suburban areas in nearly 500…
July medium-duty truck sales rise on Class 6 strength
U.S. medium-duty truck sales rose 4.8% year-over-year in July, driven entirely by a 39.4% surge in Class 6 demand, according to Omdia…
July freight tonnage slips as uneven recovery persists, ATA index shows
Freight tonnage dipped in July, continuing a pattern of uneven recovery in the trucking sector, according to the latest American Trucking Associations…
Home Depot posts strong quarterly sales as small DIY projects drive growth, launches nationwide three-hour delivery
Home Depot reported a 5.7% year-over-year revenue increase to $47.86 billion for its second quarter, beating Wall Street expectations of $47.24 billion.…
UPM to commence deliveries of renewable rubber fillers from Leuna biorefinery by Q3 2026
Finnish bio-based materials giant UPM Biochemicals will begin shipping renewable functional fillers (RFFs) produced at its €1.37 billion Leuna, Germany biorefinery to…
Natural rubber futures slip in subdued trading week
Natural rubber (NR) futures slipped marginally during the second week of August as trading volumes and price action remained subdued across global…