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Category: Economy

Economy
Lowe's sees steeper drop in annual sales as DIY demand stumbles Lowe's sees steeper drop in annual sales as DIY demand stumbles

Lowe's sees steeper drop in annual sales as DIY de...

DO NEWSFEED   Nov 21, 2023  0  87

Lowe's saw a "greater-than-expected pullback in DIY discretionary spending, particularly in bigger ticket categories" in the third...

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Economy
Abercrombie & Fitch lifts annual sales forecast after upbeat quarter Abercrombie & Fitch lifts annual sales forecast after upbeat quarter

Abercrombie & Fitch lifts annual sales forecast af...

DO NEWSFEED   Nov 21, 2023  0  69

Updated inventories and trendy logoless basics and jackets have allowed the company to rein in promotions and markdowns from a yea...

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Economy
Sam Altman reportedly planning new AI venture after OpenAI ouster Sam Altman reportedly planning new AI venture after OpenAI ouster

Sam Altman reportedly planning new AI venture afte...

DO NEWSFEED   Nov 20, 2023  0  88

Sam Altman, co-founder and former CEO of OpenAI, is reportedly planning to launch a new company in the artificial intelligence (AI...

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Economy
UAW workers at Ford and Stellantis ratify new labor contracts UAW workers at Ford and Stellantis ratify new labor contracts

UAW workers at Ford and Stellantis ratify new labo...

DO NEWSFEED   Nov 19, 2023  0  89

Members of the United Auto Workers union voted to ratify new labor contracts with Ford and Stellantis that will boost wages and be...

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Economy
Apple and Lionsgate join IBM in pausing ads on X amid antisemitism controversy Apple and Lionsgate join IBM in pausing ads on X amid antisemitism controversy

Apple and Lionsgate join IBM in pausing ads on X a...

DO NEWSFEED   Nov 19, 2023  0  82

Two more brands on Friday moved to pause their advertising on X, formerly Twitter, over concerns about antisemitic posts on the pl...

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Economy
Amazon warns employees: No promotions without following in-office mandate Amazon warns employees: No promotions without following in-office mandate

Amazon warns employees: No promotions without foll...

DO NEWSFEED   Nov 19, 2023  0  82

Amazon is ramping up pressure on employees who have been skirting the company's return-to-office mandate by making in-office atten...

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Economy
Anheuser-Busch's US marketing chief to exit as Bud Light sales slump drags on Anheuser-Busch's US marketing chief to exit as Bud Light sales slump drags on

Anheuser-Busch's US marketing chief to exit as Bud...

DO NEWSFEED   Nov 17, 2023  0  77

Anheuser-Busch announced that its chief marketing officer for the U.S. is on his way out, months after Bud Light's controversial p...

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Economy
Amazon to sell Hyundai vehicles online beginning next year Amazon to sell Hyundai vehicles online beginning next year

Amazon to sell Hyundai vehicles online beginning n...

DO NEWSFEED   Nov 17, 2023  0  67

E-commerce giant Amazon said Hyundai will be the first vehicle brand available for purchase but did not say when it would include ...

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Economy
Nvidia investors celebrate winning week Nvidia investors celebrate winning week

Nvidia investors celebrate winning week

DO NEWSFEED   Nov 17, 2023  0  82

Nvidia investors are celebrating a winning streak for the stock as the chipmaker continues to dominate the race to own artificial ...

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Economy
First-party delivery fraud becomes an inflation driver in USA First-party delivery fraud becomes an inflation driver in USA

First-party delivery fraud becomes an inflation dr...

DO NEWSFEED   Nov 17, 2023  0  82

A recent survey by Socure shows not saying you received a package when you did now cost U.S. merchants and financial institutions ...

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Economy
Disney CEO Bob Iger reportedly plans town hall for employees during turnaround Disney CEO Bob Iger reportedly plans town hall for employees during turnaround

Disney CEO Bob Iger reportedly plans town hall for...

DO NEWSFEED   Nov 17, 2023  0  85

Disney and CEO Bob Iger will host a town hall for the entertainment giant's staffers, according to Bloomberg. It is scheduled for ...

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Economy
Berkshire sheds GM, Johnson & Johnson, Procter & Gamble as it amasses cash Berkshire sheds GM, Johnson & Johnson, Procter & Gamble as it amasses cash

Berkshire sheds GM, Johnson & Johnson, Procter & G...

DO NEWSFEED   Nov 16, 2023  0  72

Berkshire Hathaway revealed the status of the stakes it currently has in various companies in a Tuesday disclosure it submitted to...

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Economy
Court rules Tesla can block factory workers from wearing union t-shirts Court rules Tesla can block factory workers from wearing union t-shirts

Court rules Tesla can block factory workers from w...

DO NEWSFEED   Nov 16, 2023  0  73

Tesla's policy prohibiting workers from wearing union t-shirts on the job was upheld by a federal appellate court which found the ...

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Economy
Bath & Body Works trims sales forecast as demand slows into holiday season Bath & Body Works trims sales forecast as demand slows into holiday season

Bath & Body Works trims sales forecast as demand s...

DO NEWSFEED   Nov 16, 2023  0  80

Bath & Body Works on Thursday lowered its annual sales forecast on signs of slowing demand ahead of the crucial holiday season, as...

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Economy
Walmart's caution on consumer spending ahead of holidays sends shares lower Walmart's caution on consumer spending ahead of holidays sends shares lower

Walmart's caution on consumer spending ahead of ho...

DO NEWSFEED   Nov 16, 2023  0  80

Walmart said shoppers slowed purchases at the end of October, in contrast to spending patterns earlier in the quarter, echoing com...

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Economy
Uber bolstering safety measures for drivers amid carjacking surge Uber bolstering safety measures for drivers amid carjacking surge

Uber bolstering safety measures for drivers amid c...

DO NEWSFEED   Nov 15, 2023  0  85

Uber announced it is expanding safety measures for drivers including rider verification amid a rise in carjackings and other crime...

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Economy
TransUnion to cut 1,300 jobs as part of multiyear plan to reduce costs, drive growth TransUnion to cut 1,300 jobs as part of multiyear plan to reduce costs, drive growth

TransUnion to cut 1,300 jobs as part of multiyear ...

DO NEWSFEED   Nov 15, 2023  0  82

The company expects to deliver $120 to $140 million of annualized operating expense savings and a $70 to $80 million capital expen...

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Economy
Target shares spike after big earnings beat Target shares spike after big earnings beat

Target shares spike after big earnings beat

DO NEWSFEED   Nov 15, 2023  0  80

Target has had a turbulent year as nearly half of its sales come from home goods, electronics, toys and apparel products that are ...

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Economy
Dow, S&P, Nasdaq soar as investors bet Fed is finished Dow, S&P, Nasdaq soar as investors bet Fed is finished

Dow, S&P, Nasdaq soar as investors bet Fed is fini...

DO NEWSFEED   Nov 15, 2023  0  80

Investors snapped up U.S. stocks in a broad rally after the latest inflation data signaled the Federal Reserve may be close or eve...

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Economy
Home Depot leans on demand for small projects to top estimates Home Depot leans on demand for small projects to top estimates

Home Depot leans on demand for small projects to t...

DO NEWSFEED   Nov 15, 2023  0  83

Americans put big renovations and discretionary home-improvement projects on the back burner as they battle high food prices as hi...

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Voting Poll

Which COUNTRY is without a MOSQUE but have MUSLIMS living?

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Which COUNTRY is without a MOSQUE but have MUSLIMS living?

Total Vote: 47

Britain/England
8.5 %
USA
17 %
Israel
38.3 %
Yemen
10.6 %
China
25.5 %

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Which COUNTRY is without a single CHURCH but have CHRISTIANS living?

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Which COUNTRY is without a single CHURCH but have CHRISTIANS living?

Total Vote: 63

Algeria
11.1 %
Saudi Arabia
69.8 %
North Korea
7.9 %
Greece
3.2 %
Turkey
7.9 %

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