null Getty In retail America, consumers have no patience for price increases. Politically, however, consumers generally will not blame retailers for price hikes. Interesting as it may seem, shoppers a...
Tag: Retail
Costco sees 20% bump in sales for June
Costco Wholesale Corp. saw a 20.4% bump in its June sales, the retailer reported Thursday. The company announced that it had $22.78 billion in net sales for the retail month of June, which spanned the...
Singapore’s Finance Regulator Mulls ‘Limits on Retail Participation’ in Crypto
The Monetary Authority of Singapore (MAS) won’t rule out amendments to existing legislation and introduce new rules that would add more restrictions on retail crypto-traders In a written respons...
Singapore regulators to protect retail traders from risky crypto trading activities
The Monetary Authority of Singapore (MAS) is considering restricting retail traders from cryptocurrencies. The head minister at the MAS, Tharman Shanmugaratnam, said that the regulator would implement...
Alibaba Stock Is Rising Again. Why Chinese Tech Could Keep Outperforming.
Text size Alibaba stock had a tough run in 2021. Greg Baker/AFP via Getty Images Alibaba lost almost half of its market value last year while the S&P 500 gained more than 25%, disappointing inves...
Forget restaurants and retail — teens are seizing the jobs they want as ‘desperate’ employers try to fill seats
Forget restaurants and retail — teens are seizing the jobs they want as ‘desperate’ employers try to fill seats With unemployment hitting new lows, employers are turning over rocks these d...
Micron’s Woes Are Trouble for Nvidia and These 5 Other Stocks
Text size A technician inspects a semiconductor wafer. Kobi Wolf/Bloomberg News last week that Micron Technology expects weak Chinese demand for semiconductors to hit its quarterly results means a ran...
Singapore eyes more regulation to protect retail investors from crypto winter fallout
The Monetary Authority of Singapore (MAS) is considering new regulations to protect retail investors after the crypto market crash led to the collapse of several crypto firms. According to the regulat...
Singapore Regulator Considers Strengthening Safeguards on Crypto Access to Retail Trading
A Senior Minister said Monday that Singapore Central Bank is concerning updating its crypto regulations to strengthen further system safeguards on access to cryptocurrencies among the general public. ...
Oslo Emerges From The Shadows As Nordics’ New Luxury Retail Center
Oslo’s cultural revolution is being complemented by its reputation as an emerging luxury market. Knut Neerland / Magent AS It’s kind of hard to be the new kid on the block at 225-years-of-age, b...
Singapore Regulator May Limit Retail Participation in Crypto
Tharman Shanmugaratnam – leading Minister of the Monetary Authority of Singapore (MAS) – says the regulator may restrict retail investment in the crypto sector through new consumer protection safeguar...
Singapore’s Central Bank Wants to Limit Retail Participation in Crypto
Key Takeaways The Monetary Authority of Singapore’s chairman told the Singaporean Parliament today that the central bank may seek to limit retail participation in the crypto markets. It also pla...
GM, NIO, and 3 More of the Best Car Stocks for the Second Half of 2022
Text size The average automotive stock dived about 25% in the second quarter. Drew Angerer/Getty Images The first half of 2022 was painful for the automotive sector, with most car stocks dropping fart...
Gas prices edge down just in time for July Fourth travel — here’s why
It’s a cool breeze during a hot moment, but it’s not the summer weather. As record-breaking numbers of Americans pack their cars and travel to Fourth of July barbecues that will cost them more than la...
What Online Retailers Got Wrong about Algorithms and AI
What Online Retailers Got Wrong about Algorithms and AI getty Around the time that the COVID-19 pandemic took hold in 2020, a group of ecommerce, direct-to-consumer fashion, personal care, and prepare...
Micheal Burry ’s Warning About The Retail Market. Yeah, 2008 is Returning.
If Micheal Burry is correct, the Federal Reserve or FED needs to reverse its policy of quantitative restrictions and increased interest rate hikes. According to Burry, most retail retailers have so mu...
Russia Takes Control of International LNG Project
Russia took control of the international consortium behind the giant Sakhalin-2 oil-and-natural-gas project, handing it to a new Russian entity that will effectively give the Kremlin say over which fo...
D.C. United Opens 1st Retail Sportsbook In MLS. Will Others Follow?
In this photo illustration the FanDuel logo of a sports betting company is seen on a smartphone. SOPA Images/LightRocket via Getty Images A bit lost within an exceptionally busy week of Major League S...
Michael Burry Identifies ‘Bullwhip Effect’ in Retail, Could the Fed Reverse Course?
Michael Burry, the investor played by Christian Bale in “The Big Short,” has identified a “bullwhip effect” in the retail sector. If Burry is correct the effect may yet cause The Federal Reserve (FED)...
Shopify Stock Has Tumbled. It’s Still No Bargain, Analyst Warns.
Text size Shopify headquarters in Ottawa, Canada. Dreamstime With Shopify stock down nearly 80% so far this year, some investors might be tempted to bottom fish one of the leading providers of softwar...