TJX Cos. raises guidance again, says it expects a strong holiday as shoppers hunt for deals

TJX Cos. raised its full-year guidance again and said it’s expecting a strong holiday as inflation-weary consumers continue to flock to its stores.

Target shares jump more than 17% after retailer posts big earnings beat, even as sales fall again

Target is still catering to shoppers who are hungry for deals and aren’t buying much more than the necessities.

Under pressure to improve Citigroup’s performance, the bank will announce layoffs starting Wednesday, CNBC has learned.