Tag: cutting
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Target cutting prices on more than 2,000 items heading into the holiday season
Target is lowering prices on more than 2,000 items across an array of categories in a bid to offer more discounts to cash-strapped customers as the holiday season approaches. The retail giant said Tuesday the price cuts would apply to select food and beverages, everyday essentials, holiday gifts and items to prep the home for…
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The Fed is finally cutting rates, but banks aren’t in the clear just yet
Falling interest rates are usually good news for banks, especially when the cuts aren’t a harbinger of recession. That’s because lower rates will slow the migration of money that’s happened over the past two years as customers shifted cash out of checking accounts and into higher-yielding options like CDs and money market funds. When the Federal Reserve cut…