Yahoo Finance's Brad Smith breaks down notable business headlines including Amazon holding a second Prime Day sales event, SiriusXM halting Brett Favre's radio show amid allegations of welfare fraud, and Kia and Hyundai sued over a hot wiring TikTok challenge.
What to watch in markets on Monday, September 26, 2022.
October is right around the corner, and that means holiday shopping season is already gearing up. Target (NYSE: TGT) is launching its first holiday shopping event Oct. 6, and it plans to hire a lot of new employees to get it through the extended holiday season. The aggressive push adds more risk to Target's third- and fourth-quarter results, after profits took a massive hit from stores clearing out stale inventory in the second quarter.