Retail sales were higher than expected in July.
Share:
More In Business
U.S. Stocks Can't Hold on to an Early Gain and Resume Falling
Stocks went back to falling on Wall Street Tuesday after a blip higher the day before, giving the S&P 500 its sixth loss in the last seven trading days.
You'll Need Proof of a COVID-19 Vaccine to Enter Many NYC Indoor Venues
If you want to dine indoors, go to a gym or attend an event at an entertainment venue in New York, you'll need to show proof that you have had at least one dose of a COVID-19 vaccine. "The business has gone down at least 35 to 40 percent, and we expect it to go down a little more," said Pedro Zamora, owner of Cantina Rooftop in Manhattan. "But on the other hand, I feel good to do that because it's the way to end the pandemic, and I urge everyone if you aren't vaccinated to get vaccinated as soon as possible because it's only for the good of our community."
Invitae Acquires Health Tech Firm Ciitizen to Expand Patient Data Platform
Invitae CEO Sean George joins Cheddar News' Closing Bell to discuss the company's acquisition of Ciitizen for $325 million, and how its patient data platform will provide even better results for both patients and their doctors. Invitae works to aggregate results from the world's genetic tests into a single, easy-to-use service, and Ciitizen's global data platform will help Invitae become a health technology and software leader.
Salesforce to help workers leave states over abortion laws
The CEO of Salesforce said the company will help employees leave Texas, and he did so while retweeting a story linking the offer to concern about Texas’ new anti-abortion law.
The Week's Top Stories: GameStop, Lululemon and AMC
From Wall Street to Silicon Valley, these are the top stories that moved markets and had investors, business leaders, and entrepreneurs talking this week on Cheddar.
Crypto Remittances Crucial to El Salvador's Bitcoin Transition
Bitcoin officially became legal tender in El Salvador on Tuesday despite international skepticism and pushback. Measuring the success of that experiment requires looking at one of the main indicators in El Salvador's economy: remittances.
Tech Slide Pulls S&P 500 Down for Its 5th Straight Loss
Stocks gave up an early gain and turned lower Friday, remaining on track for weekly losses in this holiday-shortened week.
Vessel Runs Aground, Briefly Blocking Part of Suez Canal
A bulk carrier vessel became wedged Thursday in Egypt’s Suez Canal, briefly blocking traffic in one lane of crucial global waterway, Egyptian authorities said.
Even At Infamous Coyote Ugly Saloon, Service Industry Employee Shortage Is an Issue
While the notoriety of the Coyote Ugly Saloon chain has always ensured customers, it is facing a new issue: service industry worker shortages.
