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Intuit stock rises on upbeat full-year forecast amid a pivot toward AI

Tax-preparation software provider Intuit Inc. on Thursday forecast profit and sales for the fiscal year ahead that were above Wall Street’s expectations, although its first-quarter outlook came up short, as it tries to prepare for a world of AI-driven financial assistance.

As theft increases, store closures and ‘retail deserts’ could be the new consumer reality

Target has seen its financial standing improve after shuttering nine crime-prone locations

Is the August stock-market volatility behind us? This key indicator says not yet.

Calm appears to have returned to Wall Street after the recent mayhem, but one volatility indicator suggests some investors are betting on another round of mammoth swings in the stock market.

Why Snowflake skeptics are winning the day after earnings

Analysts say Snowflake didn’t do enough to articulate its strategy, address competition concerns or reassure on growth outlook.

Markets will move past Powell’s Jackson Hole speech — but it’ll be a rocky ride

Any S&P 500 pullback that doesn’t fall below 5,370 keeps the bulls in control.

Jerome Powell’s Jackson Hole speech could rally stocks around a soft landing — but messaging is key 

Investors want to know if the “pain to households and businesses” from Powell’s 2022 speech still lurks on the horizon.

Thousands of miles from Silicon Valley, this small country is building a booming tech sector

A tech hub is developing in Armenia, some 7,000 miles from Silicon Valley.

Updated COVID-19 vaccines from Pfizer, Moderna approved by FDA

The Food and Drug Administration on Thursday approved updated COVID-19 vaccines made by Pfizer Inc. and Moderna Inc., as a summer wave of the virus is still rolling across the country.

Kamala Harris’s critics are totally wrong about taxing unrealized gains

I’m trying to work out if I’ve ever heard as much nonsense in such a short period of time as I’m hearing right now about the Biden-Harris plan to tax unrealized capital gains.

Mpox vaccine maker Bavarian Nordic’s stock jumps 10% as European country places jumbo order for doses

Second-quarter earnings beat estimates and company guides to top of full-year range

Target’s results show struggling shoppers are turning to biggest chains for relief, analyst says

Over the past two years, retailers have had a tougher time getting inflation-battered shoppers to spend at their stores. But for the biggest chains, some analysts say, that’s become less of a problem.

Tim Walz took an early withdrawal from his retirement account. Is it ever OK to dip into your 401(k)?

The Democratic vice-presidential candidate’s campaign confirmed Walz’s withdrawal from a 401(k)-type plan.
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