Target Corp. slashed its annual profit outlook for the second time in three months as the retailer continues to reel from costs related to a massive data breach, a botched expansion in Canada and sluggish sales in the U.S.
Apple's stock touched a new high Wednesday, reflecting investors' renewed faith in CEO Tim Cook's ability to outwit the competition and expand the technological hit factory built by the late Steve Jobs.
Lowe's second-quarter net income increased 10 percent, bolstered by improving weather.
Janet Yellen has won credit for guiding the Federal Reserve's first six months of transition from the Ben Bernanke era. Bernanke's Fed had steered the economy through a deep crisis by slashing interest rates and restoring confidence in banks
U.S. home construction rebounded in July, rising to an eight-month high and offering hope that housing has regained momentum after two months of declines.
U.S. consumer prices rose in July at the slowest pace in five months, held back by a drop in gasoline prices.
Home Depot's fiscal second-quarter net income surged 14 percent thanks to a rebound in its spring selling season.
Kale has crept out of salads and juicers into beauty products from niche and mainstream sellers.
McDonald's plans to start selling its packaged coffee at supermarkets nationally by early next year, a move intended to help raise the profile of the coffee sold at its U.S. restaurants.