08:58 AM EDT, 07/11/2024 (MT Newswires) -- Consumer stocks were steady premarket Thursday as the Consumer Staples Select Sector SPDR Fund (XLP) was up 0.2% and the Consumer Discretionary Select Sector SPDR Fund (XLY) was up 0.6% recently. PepsiCo ( PEP ) was down over 2% after it reported a fiscal Q2 revenue of $22.50 billion, up from $22.32 billion...

08:57 AM EDT, 07/11/2024 (MT Newswires) -- Global Industrial Company ( GIC ) said Thursday that Chief Executive Officer Barry Litwin will leave the company to pursue another opportunity. The company said it appointed Executive Chairman of the Board Richard Leeds as Interim CEO, effective August 9, as it searches for a permanent CEO. ...

(Reuters) -Federal Reserve policymakers looking for signs that inflation is back on track to their 2% goal got that in spades Wednesday as a government report showed consumer prices unexpectedly fell in June, bolstering the case for an interest rate cut in September. The consumer price index slid 0.1% last month after being unchanged in May, the Labor Department's Bureau...

08:58 AM EDT, 07/11/2024 (MT Newswires) -- (Updates to include additional details in the second to fourth paragraphs.) Amazon.com's ( AMZN ) Amazon Web Services and Workday (WDAY) are expanding their partnership to build generative artificial intelligence capabilities and invest in go-to-market initiatives to accelerate customer cloud transformation, the companies said Thursday. Workday is collaborating with the AWS Generative AI...