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A sign encourages shoppers to use a Sam's Club phone app at one of the company's stores in Bentonville, Ark., in 2015. The retailer's digital efforts are continuing; it is opening a test store in Dallas called Sam's Club Now, where shoppers will make all purchases on smartphones.

Walmart’s warehouse chain, Sam’s Club, going high-tech with test store

December 12, 2018 at 11:17 a.m.

Warehouse clubs, purveyors of off-price denim and massive tubs of mayonnaise, aren't usually on the cutting edge of retail. Walmart's Sam's Club wants to prove otherwise. The retailer is opening...

IBM chasing Amazon into cloud with $33 billion Red Hat deal

December 12, 2018 at 11:14 a.m.

IBM's $33 billion purchase of Red Hat -- the world's second-largest technology deal ever -- is aimed at catapulting the company into the ranks of the top cloud software competitors....

The figures show spending in September helped lift consumption, but slower-than-expected income growth suggests that any meaningful, sustained pay gains remain elusive — though Hurricane Florence may have had an impact on September's figures.

Americans save less to sustain spending as income gains cool

December 12, 2018 at 11:13 a.m.

Americans kept on spending in September as income gains cooled, pushing down the savings rate to the lowest this year. Inflation matched the Federal Reserve's target, reinforcing the central bank's...

How to travel the new, $800 billion Silk Road

August 23, 2019 at 4:51 p.m.

Thanks to more than a trillion dollars of prospective investment-led by China's $800 billion Belt and Road Initiative linking countries stretching between East Asia and Europe-the Silk Road is rising...

Tesla co-founder and CEO Elon Musk speaks at the Tesla factory in Fremont, Calif., in 2011. On Oct. 24, 2018, Tesla blew away Wall Street expectations with just the third quarter of positive earnings in its history.

Tesla’s profit blowout undoes much of Musk’s damage to stock

December 12, 2018 at 10:23 a.m.

Profit secured. Tesla blew away expectations with just the third quarter of positive earnings in its history, bolstering Elon Musk's bid to make selling electric cars a financially sustainable business....

A Mega Millions lottery ticket is seen at the Street Corner Market on Oct. 17, 2018, in Cincinnati. The estimated jackpot has hit $1 billion.

Your odds of hitting Mega Millions jackpot? Getting hit by lightning is more likely. A lot more likely.

December 12, 2018 at 9:20 a.m.

The Mega Millions jackpot just hit a record $1 billion for Friday's drawing, the second-largest U.S. lottery pool ever, trailing only the $1.59 billion Powerball prize in 2016. While the...

How to fly the best first-class seats, cheaper than economy

August 23, 2019 at 4:49 p.m.

Airline industry experts have been proclaiming the death of first class for years. While some airlines have done away with it altogether, others are doubling down with palatial suite-style seats,...

Special Counsel Robert Mueller leaves a meeting with members of the Senate Judiciary Committee in Washington on June 21, 2017.

Mueller said to be ready to deliver key findings in Trump-Russia probe

August 22, 2019 at 9:35 a.m.

Special Counsel Robert Mueller is expected to issue findings on core aspects of his Russia probe soon after the November midterm elections as he faces intensifying pressure to produce more...

Commerce Department data for September show purchases at food-services and drinking establishments fell 1.8 percent, the most since 2016. Most other major retail categories showed a gain, suggesting consumption ended the quarter on a solid note.

Retail sales miss forecasts as restaurant receipts drop

December 12, 2018 at 7:33 a.m.

U.S. retail sales rose less than forecast in September, as a broad-based increase was overshadowed by a drop in restaurant receipts that may reflect the impact of Hurricane Florence. The...

The European Union flag and the Union Jack hang in front of the EU's headquarters building in Brussels on June 15, 2005.

Brexit talks put on hold as stalemate deepens

August 22, 2019 at 9:34 a.m.

The U.K. and the European Union are on course to miss a key milestone on the road to a Brexit deal after talks hit a roadblock on Sunday. Negotiations are...

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