CNBC.com retail reporter Melissa Repko breaks down earnings from Walmart and Home Depot, and how the delta Covid variant could be slowing consumer spending.
CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, CNBC.com's big-box retail reporter Melissa Repko breaks down earnings from Walmart and Home Depot, and how the delta Covid variant could be slowing consumer spending. Plus, Ark Invest's Cathie Wood calls out Michael Burry of 'The Big Short' after he bets against her innovation fund.Shoppers in the U.S.
Excluding automobiles, sales declined 0.4%, according to Commerce Department figures released Tuesday.
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Americans spent less in July as COVID-19 surged and Delta variant kept shoppers homeRetail sales fell 1.1% last month compared to June, a much larger drop than analysts had expected, as COVID-19 kept shoppers away from stores.
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WSJ News Exclusive | As Delta Surges, Covid-19 Breakthrough Cases Remain UncommonAs the Delta variant tears through the U.S., vaccines are still the best protection against serious illness, a WSJ analysis of infection data shows. “Basically everyone who is on a ventilator is unvaccinated.”
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Parents Face Fresh Covid-19 Stress as Schools Start and the Delta Variant SpreadsMany parents who couldn’t wait to send their kids back to the classroom are now doing daily Covid-19 risk calculations and wondering: Do we need a backup plan?
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Sydney COVID-19 cases set to rise, hospitals under pressureCOVID-19 cases are set to 'rise substantially' in Sydney in the coming weeks despite a prolonged lockdown, authorities said on Tuesday, warning soaring infections have already put hospitals under enormous strain.
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Children Now Nearly 1 In 5 New Covid Cases—Though Hospitalization Still ‘Uncommon’More than 120,000 children contracted Covid-19 last week, another “substantial” increase from the week prior, according to an American Academy of Pediatrics report
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L.A. County Public Health Covid-19 Report: 8 New Deaths, 3,356 New Positive Cases – Sunday UpdateSUNDAY: The Los Angeles County Department of Public Health reported 8 new deaths from Covid-19 on Sunday, along with 3,356 new positive cases. The number of deaths and confirmed cases announced tod…
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