In the recent quarter, sales ebbed 0.9% to $25.21 billion, though they topped the $24.94 billion that Wall Street had modeled. Target trimmed its profit to $935 million, or $2.05 a share, from $1.19 ...

Meredith Whitney famously called the 2008 financial crisis. Here's the new problem with the U.S. economy, she says Meredith Whitney, pictured in 2023, says a 'bifurcated' U.S. economy spells trouble.

Outgoing Chief Executive Brian Cornell said the company benefited from improved traffic and sales trends, as well as disciplined cost management, in the second quarter. Cornell will be replaced by ...