Stocks slide ahead of Fed meeting, Instacart IPO: Stock market news today

Discover a world of exciting games, from heart-pumping action to brain-teasing puzzles. Get the latest versions of the top games in 2023.OTTAWA — Higher gasoline prices drove Canada’s inflation rate to 4.0 per cent in August, making it the second month in a row inflation has risen. Statistics Canada released its consumer price index report Tuesday, which shows the annual rate rose from 3.3 per cent in July.

Target said on Tuesday it would hire nearly 100,000 employees for the holiday season, like past two years, and offer discounts for the competitive shopping period as early as October. The plan comes against the backdrop of predictions that sales growth during the crucial holiday period in the United States could be just half of what it was last year due to higher prices denting consumer spending and worries of a recession.

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Instacart’s Long-Awaited IPO to Test CEO’s Pivot, Market Rebound(Bloomberg) -- Online grocery startup Instacart has been flirting with an initial public offering for years and is finally set to take the plunge Monday in another bellwether listing for a still-anxious market.Most Read from BloombergMGM Resorts Hackers Broke In After Tricking IT Service DeskHow Auto Executives Misread the UAW Ahead of Historic StrikeEurope Is Better Prepared If Trump Wins Again, Germany’s Baerbock SaysUS, Chinese Officials Meet in Malta in Bid to Keep Channels OpenHouse Republi
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Instacart’s Long-Awaited IPO to Test CEO’s Pivot, Market ReboundOnline grocery startup Instacart has been flirting with an initial public offering for years and is finally set to take the plunge Monday in another bellwether listing for a still-anxious market.
Source: BNNBloomberg - 🏆 83. / 50 Read more »