U.S. stocks rallied in the final hour of trading on Monday as some investors interpreted the 10-year Treasury yield’s breach of 3% as a sign that the bond-market’s selloff may have exhausted itself fo...
Tag: wholesale
Gas prices are up roughly 40% from just a year ago. So you may want to try this method to get ‘basically free money’ for gas — but there’s a catch
Is a gas credit card right for you? Getty Images Amid high inflation, rising prices of crude oil and the war in Ukraine, gas prices have jumped from an average of about $2.88 per gallon a year ago, to...
BJ’s Wholesale says judge should toss Walmart lawsuit over self-checkout app
Warehouse club BJ’s Wholesale is calling on a federal judge to toss a patent lawsuit filed by Walmart, saying the retail giant is trying to protect a self-checkout app that’s based on tech...
‘So bad, it’s good.’ This beleaguered stock market has one big asset on its side, say strategists.
A rough month for stocks is drawing to a close, and many investors likely won’t be sad to see the back of it. And the last day of April trade is looking weak as Apple and Amazon failed to raise the ba...
Victoria’s Secret takes beauty business to Amazon in wholesale test
Beginning Friday, shoppers will find an assortment of roughly 120 Victoria’s Secret beauty items, including lotions and fragrances, on Amazon. Source: Victoria’s Secret Victoria’s Se...
Amazon looks to cut costs after first loss in seven years sends stock careening lower
Amazon.com Inc. reported a loss of nearly $4 billion in the first quarter of 2022 as inflationary pressures added costs, and executives expect to make changes to cut some expenses. Amazon AMZN, +4.65%...
Philippines central bank to trial wholesale CBDC
Digital Retail transactions have increased to 20% They aim to reduce friction in cross-border money transfers Wholesale CBDCs are restricted to banks Bangko Sentral ng Pilipinas (BSP) will send off a...
Philippines Central Bank to Pilot Wholesale CBDC Project
The project will provide a chance for the entire finance industry to comprehend the prospects and risks associated with wholesale CBDCs. The Bangko Sentral ng Pilipinas (BSP) has announced its decisio...
Warren Buffett and Berkshire Hathaway are once again outperforming the stock market. Apple is one big reason but these other 10 stocks also helped
During the long, tech-driven bull market, you may have seen more than one article suggesting Berkshire Hathaway CEO Warren Buffett’s investing style was no longer valid. With Buffett leading the congl...
‘I’m spending a fortune on home maintenance. I realize my second husband is essentially living in my house for free’: What is a fair way to split costs?
I am a retired 62-year-old woman. I was widowed in 2006 at the age of 46 and raised my two children (now 24 and 27) on my own. I used my husband’s life insurance money (about $500,000) to maintain our...
JCPenney owners offer $8.6 billion to acquire rival Kohl’s
The owners of JCPenney have made an offer to acquire archrival Kohl’s in a deal that could value the department-store chain at upwards of $8.6 billion, The Post has learned. Under the proposal, shoppi...
Alibaba Stock Drops to Its Lowest Level in 6 Years. Behind the Latest Fall.
Text size Shanghai has been under strict Covid-19 lockdowns since March. Dreamstime The worsening Covid-19 situation in China is weighing on the country’s stock market, with companies including Alibab...
The stock market selloff still has another 20% to go, says the godfather of liquidity
As the meat of earnings season begins, it’s worth noting what investors have learned so far. The short version is, apart from a few isolated companies (cough, Netflix, cough), not a whole lot: the pro...
Morgan Stanley Says Wholesale Banks Can Thrive in a More Regulated Crypto Market
The primary hurdle for the banks, which serve corporate clients rather than individuals or small organizations, has been the lack of a clear regulatory framework, analysts led by Betsy Graseck wrote. ...
What’s next for stock market as Federal Reserve moves toward ‘peak hawkishness’
Investors will watch for another gauge of U.S. inflation in the week ahead after the stock market was rattled by the Federal Reserve ramping up its hawkish tone and suggesting large interest rate hike...
Netflix sheds subscribers and CNN+ will shut down amid competition from Disney, Hulu, HBO, Amazon Prime and Apple. Have we finally hit peak streaming?
Media companies keep dueling for more streaming subscriptions, but viewers might be tapping out in the clash for their attention — and their cash. Netflix on Tuesday reported a first-quarter net loss ...
These stocks soared during the pandemic, and then crashed. Ten are now expected to double in price.
A screen of stocks that popped during the coronavirus pandemic highlights dozens that have crashed. But some are considered worthy of purchase by a majority of analysts. You might want to keep an eye ...