Lowe’s Companies Inc.

Where Walmart, Amazon, Target are spending billions in slowing economy

A Walmart worker loads a robotic warehouse tool with an empty cart to be filled with a customer’s online order at a Walmart micro fulfillment center in Salem, Massachusetts on January 8, 2020. Boston Globe | Boston Globe | Getty Images When the economy slows, the classic consumer business response is to cut spending: slow …

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Dow closes lower Wednesday to end 5-day win streak, Wall Street mulls new retail data

Stocks fell on Wednesday as the rally on Wall Street that has driven prices higher since mid-June appeared to peter out as traders weighed the latest retail data and Federal Reserve minutes. The Dow Jones Industrial Average fell 171 points, or 0.5%, while the S&P 500 and Nasdaq Composite fell 0.69% and 1.15%, respectively. Equities …

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