03:28 PM EDT, 09/03/2025 (MT Newswires) -- Consumer stocks were mixed late Wednesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) down 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) adding 0.2%. In economic news, Redbook US same-store sales last week rose by 6.5% from a year earlier, matching the increase in previous week. US consumers...

03:31 PM EDT, 09/03/2025 (MT Newswires) -- Department store consumers have stayed resilient in the face of tariff uncertainty but shoppers are heading into the final part of year with caution, retailers including Macy's (M) and Kohl's (KSS) said in their recent quarterly earnings. Bloomingdale's and Bluemercury parent Macy's lifted full-year sales and earnings guidance Wednesday as second-quarter results bested...

Sept 3 (Reuters) - Grain trader Archer-Daniels-Midland's ( ADM ) CEO Juan Luciano said on Wednesday that the company is on track to achieve about $200 million to $300 million in cost reductions this year. ADM has been cutting jobs and downsizing certain operations since announcing in February that it planned to reduce costs by $500 million to $700 million...

Sept 3 (Reuters) - Pfizer ( PFE ) and Moderna ( MRNA ) on Wednesday defended their COVID-19 vaccines as having saved millions of lives worldwide, in separate responses to U.S. President Donald Trump's demand that pharmaceutical companies should justify the success of their pandemic drugs. In a post on Truth Social, Trump asserted that he has seen extraordinary data...