Latest in Increased November Retail Sales Fuel Hopes for Year End Spending Boom
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OPEC+ members to delay oil production increases
This production cut was previously due to start being phased out in December.CNBC - Dec. 5 -
World economy has exited the ‘boom and bust’ cycle, BlackRock says
‘Mega forces’ including artificial intelligence technologies are reshaping the global economy in a way that has seen it leave behind traditional boom and bust cycles, BlackRock saidMarketWatch - Dec. 5 -
Chinese online retailer Temu suspended in Vietnam
Chinese online retailer Temu has been told to suspend operations in Vietnam after it failed to meet an end-of-November deadline to register with the country's Ministry of Industry and TradeABC News - Dec. 5 -
While institutions own 33% of Playtech plc (LON:PTEC), retail investors are its largest shareholders with 48% ownership
Key Insights Playtech's significant retail investors ownership suggests that the key decisions are influenced by...Yahoo Sports - Dec. 5 -
Bitcoin hits $100,000 as Trump era hopes grow
Cryptocurrency has climbed more than 50% since US election on bets president-elect will bring in pro-crypto regulationFinancial Times - Dec. 5 -
NFL tweaks its drug policy, increasing levels for a positive THC test
The NFL and the league’s players’ union agreed to modify their substance abuse policy, increasing the THC level for a positive test, according to a memo that was sent to agents and players on ...ABC News - Dec. 4 -
Bitcoin storms above $100,000 as bets on Trump fuel crypto euphoria
The total value of the cryptocurrency market has almost doubled over the year so far to hit a record just shy of $3.8 trillion, according to data provider CoinGecko. Bitcoin's march from the ...Yahoo Sports - Dec. 5 -
Infinity Nikki - How To Increase Your Stylist Rank
Infinity Nikki takes you on a journey all over the whimsical realm of Miraland. However, before you can advance further, there are actually a few requirements that you need to undertake. Here's ...GameSpot - Dec. 4 -
Live updates: Hegseth doubles down despite increasing scrutiny
Pete Hegseth, President-elect Trump’s embattled pick for Defense secretary, spent Wednesday trying to keep his nomination as Defense secretary moving in a forward direction, amid growing scrutiny ...The Hill - Dec. 5 -
Costco’s November online sales hit by timing of holiday deals
Costco Wholesale Corp. on Wednesday reported November sales growth that slowed from the prior month, as lower gas prices weighed on consumers and e-commerce sales took a hit due to a shift in the ...MarketWatch - Dec. 5 -
American Eagle Shares Plunge After Retailer Cuts Sales Outlook
Shares of the apparel retailer fell 12% after the company forecast a steeper-than-expected decline in sales for the holiday quarter.The Wall Street Journal - Dec. 4 -
Congressional GOP offers new proposal on year-end health package
Republicans on Capitol Hill have sent a preliminary offer to Democrats for numerous health care policies to be tacked onto the continuing resolution that lawmakers are moving to complete before the ...The Hill - Dec. 4 -
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BNPL Fuels Black Friday Weekend Buying, and Risks of Spiking Debt
Buy Now Pay Later companies processed over $9 billion worth of purchases on Cyber Monday alone, as consumers increasingly used deferred payment options on their credit cards.Inc. - Dec. 4 -
Foot Locker Shares Fall After Retailer Cuts Full-Year Outlook
Foot Locker cut its outlook for the year as more promotions and weak spending pushed the company to post a loss in the third quarter. Shares of the retailer fell.The Wall Street Journal - Dec. 4 -
Hiccups in ETFs tracking MicroStrategy occurring as bull market fuels trading boom in single-stock funds
Single stock ETFs are seeing high trading volumes, and some are showing signs of stress.CNBC - Dec. 4 -
ESPN on Disney+ launches Wednesday, as Disney looks to increase streaming subscribers
Like its integration of Hulu earlier this year, Disney has added an ESPN tile to its Disney+ homepage to encourage more bundle subscriptions and reduce churn.Los Angeles Times - Dec. 4 -
Private payrolls grew by 146,000 in November, less than expected, ADP says
Companies added 146,000 jobs on the month, below the downwardly revised 184,000 in October and less than the Dow Jones estimate for 163,000.CNBC - Dec. 4 -
Car sales jump to 3 1/2-year high. Big incentives for buyers are back.
Sales of new cars and trucks rose in November to the highest level in three-and-a-half years, helped by bigger incentives for car buyers as dealers sought to clear out excess inventories.MarketWatch - Dec. 4 -
Dollar Tree CFO Departs; Raises Full-Year Sales View
Dollar Tree is parting ways with its top finance executive a month after its CEO stepped down. The discount retailer has also raised its full-year sales guidance in light of strong third-quarter ...The Wall Street Journal - Dec. 4 -
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Exposure to air pollution increases infertility risk, US study finds
Research shows common air pollutants can be detrimental to egg, sperm and embryo development. Maternal and paternal exposure to common air pollutants may increase the risk of infertility because it ...The Guardian - Dec. 4 -
'Squid Game' tracksuits, sneakers and whisky: Behind Netflix's latest retail pitch
Netflix has been ramping up its efforts in retail, with plans to open two physical stores. It's also partnering with many brands to sell merchandise based on its shows and movies.Los Angeles Times - Dec. 4 -
Fewer shoppers turned out for Thanksgiving-weekend deals, retail group says. Here’s why.
The five-day period between Thanksgiving and Cyber Monday saw fewer shoppers than a year ago, a major retail-industry group said Tuesday, due in part to the later timing of the holiday this year ...MarketWatch - Dec. 4 -
A sweet Black Friday deal for retailers this year: ‘People keep spending money’
Despite a consensus that many Americans voted last month based on concerns about financial well-being and cost-of-living pressures, the recent kickoff to the holiday-shopping season is ...MarketWatch - Dec. 4 -
EU to crack down on Asian online retailers Temu and Shein
Brussels considering a tax to slow surge of goods sold on sites that evade custom duties and checksFinancial Times - Dec. 4 -
Bundesbank chief calls for softer debt brake to increase investment
German central bank president Joachim Nagel urges Berlin to relax rules to address defence and infrastructure shortfallsFinancial Times - Dec. 4 -
Claridge’s owner to triple its number of hotels as luxury travel booms
Maybourne wants to create a portfolio of properties, from Paris to New York and Dubai, in a decadeFinancial Times - Dec. 4 -
Billion dollar squirrel: Trump effect fuels crypto’s ‘memecoin’ boom
Tokens based on online viral moments outpace bitcoin over past month but critics say they reflect market frothFinancial Times - Dec. 4 -
Western businesses in China hold on to hopes for Trump 2.0
Some believe the incoming US president is in a strong position to negotiate a trade deal with BeijingFinancial Times - Dec. 4 -
10 years and $42 million later, Jersey Shore town ends battle over its eroding beaches
NORTH WILDWOOD, N.J. (AP) — A New Jersey resort community that has lived in fear of being wiped out by the next big storm voted Tuesday to end a decadelong battle with the state over the condition ...Yahoo Sports - Dec. 3 -
Global Airlines Too Slow to Switch to Green Jet Fuel, Study Says
The advocacy group Transport and Environment faults carriers for slow adoption rates, and oil producers for underinvesting in the sustainable aviation gas.Inc. - Dec. 3 -
DNC chair minimizes November losses, argues Democrats have ‘robust’ foundation
Democratic National Committee (DNC) Chair Jaime Harrison minimized his party’s losses up and down the ballot in November and argued Democrats have a “robust” foundation to build on, going into ...The Hill - Dec. 3 -
Children’s Place profit nearly halves as troubled retailer’s turnaround efforts dampen sales
Troubled retailer is moving away from unprofitable sales and offers of free shipping.MarketWatch - Dec. 3 -
What to know about Social Security's December schedule and COLA increase
Social Security beneficiaries have some changes coming in December and January, due to quirks of the calendar and a payment hike.CBS News - Dec. 3 -
Yahoo Sports AM: No win November
In today's edition: The Wizards are historically bad, Week 13 was awesome, Christian Pulisic's breakout season, "Hard Knocks" is back, Munetaka Murakami eyes MLB move, and more.Yahoo Sports - Dec. 3 -
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Hunter Biden pardon fuels Trump's 'weaponization' arguments
Trump's team was pointed to Biden's pardon of his son, Hunter, saying it showed that ending "the weaponization of our justice system needs to happen."NBC News - Dec. 3 -
Why is vintage audio equipment booming?
Music lovers are buying up old cassette, CD and record players and getting them fixed.BBC News - Dec. 3 -
Bitcoin's post-election boom
Presented by LGBT Tech — {beacon} Technology Technology PRESENTED BY The Big Story Bitcoin's boost for Trump Bitcoin has blasted through a series of record highs since President-elect Trump’s ...The Hill - Dec. 2