Latest in Fed Cuts Store
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Will the Fed signal a pause in rate cuts?
Market Questions is the FT’s guide to the week aheadFinancial Times - 3d -
Macy's says it will close 65 stores this year
Macy's is accelerating store closures, with plans to shutter more than 50 locations.CBS News - 5d -
Economic Data Points to Fed Rate Cut Next Week, and a Cautious 2025
Persistent inflation probably won’t stop a December rate cut, but it could affect the course of monetary policy for the next two years.Inc. - 5d -
Here are the retailers shuttering thousands of stores in 2024
Some major retailers are struggling to attract customers, leading to more than 7,100 store closures in 2024 — a 69% jump from a year ago.CBS News - 6d -
Apeiron launches as Web3 god game on app stores
Foonie Magus has launched its Web3 god game Apeiron: Godling Genesis on the Apple App Store and Google Play.VentureBeat - 6d -
Why a rate cut? Fed’s favorite price gauge likely to show tamer ‘core’ inflation.
Armed with consumer and wholesale inflation reports, Wall Street economists predict the Federal Reserve’s favorite price gauge will show just a mild increase in November and justify an ...MarketWatch - 6d -
This Week's Epic Games Store Freebie Takes You To Middle-earth
The Epic Games Store continues to give away a free game each week, and this week is another nice find with a price that can't be beaten. Every Thursday at 8 AM PT / 11 AM ET, Epic offers at least ...GameSpot - 6d -
Muted wholesale inflation rate likely gives final go-ahead for Fed to cut interest rates
A key measure of U.S. wholesale inflation posted a small increase in November and probably added the final nail in the coffin in favor of a widely expected reduction in interest rates next week.MarketWatch - 6d -
Selling to Walmart: 56 Insider Tips to Get Your Products on Store Shelves
Inc. tapped successful business owners and experts to bring you this ultimate guide to winning at the world’s biggest retailer.Inc. - 6d -
Epic Games inks partnership to bring its Store to Telefonica devices
Epic Games and Telefonica are partnering to bring the Epic Games Store to the mobile provider's new devices.VentureBeat - 6d -
N.Y.C. Grocery Prices Are High. Could City-Owned Stores Help?
A New York City mayoral candidate wants the city to open its own, more affordable grocery stores. The idea has gained momentum in Chicago and other cities.The New York Times - 6d -
Selfridges’ Thai co-owner says it overpaid for luxury store portfolio
Head of Central Group family conglomerate says higher global interest rates make original £4bn price tag less attractiveFinancial Times - Dec. 12 -
Why are Trader Joe's stores short on eggs?
"Chickens on strike!" reads a sign posted to an empty refrigerator case where you'd normally find cartons of eggs.The Hill - Dec. 11 -
This nugget of good news in hottish CPI inflation report may cement Fed interest-rate cut
Inflation has risen since the summer and raised anxiety at the Federal Reserve, but a welcome slowdown in housing costs could be just what the doctor ordered.MarketWatch - Dec. 11 -
Apple names the App Store’s best games and apps of the year
Apple has announced the winners of its annual App Store Awards, including the best games and apps of 2024.VentureBeat - Dec. 11 -
Inflation ticks higher as Fed eyes another rate cut
Inflation picked up slightly in November, according to data released Wednesday by the Labor Department, but likely not by enough to derail the Federal Reserve's plans for another rate cut. Consumer ...The Hill - Dec. 11 -
Why the Fed Will Cut Rates Even Though Inflation Hasn’t Budged
Everyday Americans still expect sticky inflation in the coming years.Inc. - Dec. 11 -
Traders are pretty sure of a Fed rate cut. What happens if inflation data is too hot?
Traders are pretty confident the Fed will deliver a rate cut next week. What happens if inflation data throws the market a curveball.MarketWatch - Dec. 11 -
Merch glorifying UnitedHealthcare CEO killer floods online stores
On e-commerce platforms like Etsy, TikTok Shop, eBay and Redbubble, sellers are hawking merchandise featuring designs inspired by the fatal shooting of UnitedHealthcare CEO Brian Thompson.NBC News - Dec. 10 -
GTA 6 Parody Game Shows Up On PlayStation Store
Considering that it's taken over a decade for Grand Theft Auto 6 to reach players, expectations are sky high for Rockstar Games' next GTA installment. That anticipation and the hype behind it are ...GameSpot - Dec. 9 -
Police unlawfully storing images of innocent people for facial recognition
Privacy fears raised as report warns photographs of arrested people who are then released are being retained. Images of arrested people who were innocent of any crimes are still being stored in a ...The Guardian - Dec. 8 -
The Fed is on course to cut interest rates in December, but what happens next is anyone's guess
Friday's jobs report virtually cements that the Federal Reserve will approve an interest rate cut when it meets later this month.CNBC - Dec. 7 -
What’s in store for the U.S. housing market in 2025?
Also: The aging bull market for stocks, the UnitedHealth aftermath and advice from the Moneyist.MarketWatch - Dec. 7 -
Why Powell and the Fed should pause interest-rate cuts in December
Some say November’s jobs data support holding monetary policy steady.MarketWatch - Dec. 7 -
Jobs report shows hiring surge as Fed weighs interest rate cut
The fresh data marks the first jobs report since the election of Trump.ABC News - Dec. 6 -
Petco’s new CEO wants to make these changes to its stores, as shares gain
When Joel Anderson took the helm at Petco Health & Wellness Co. earlier this year, he said he wanted to improve the pet-supplies chain’s profitability. On Thursday, he offered a more detailed ...MarketWatch - Dec. 6 -
U.S. drug store closures create pharmacy deserts
The closures of both independent and big chain drug stores across the U.S. has become a trend that is having a serious impact on health care. Mark Strassmann examines what is behind the change and ...CBS News - Dec. 5 -
Moment earthquake hits California and damages store
A tsunami warning was cancelled after the 7.0 magnitude quake shook parts of the West coast.BBC News - Dec. 5 -
M&S wins approval to demolish and redevelop flagship Oxford Street store
Permission from housing secretary to knock down art deco building in central London caps lengthy battle by retailerFinancial Times - Dec. 5 -
Why a ‘robust’ jobs report for November probably wouldn’t derail Fed rate cut
A “decently robust” U.S. jobs report on Friday probably wouldn’t derail the Fed from delivering an interest-rate cut this month, according to BlackRock’s Russ Brownback.MarketWatch - Dec. 5 -
Walmart recalls cucumber slices sold in Texas stores over salmonella risk
Walmart is recalling cucumber slices sold in 34 Texas stores over concerns that they may be contaminated with salmonella.NBC News - Dec. 5 -
Inflation threatens Fed rate-cut expectations once again. Here’s why.
With investors looking toward Friday’s November nonfarm-payrolls report, market participants see the potential that it could be overshadowed by an entirely different set of data: next Wednesday’s ...MarketWatch - Dec. 4 -
Almost 30 Percent of U.S. Drug Stores Closed in a Decade, Study Says
Closures by big chains and independent stores hit poorer neighborhoods hardest, researchers found.Inc. - Dec. 4 -
Top Fed Official Leans Toward Rate Cut This Month, If Data Supports It
In a recent speech, Christopher Waller, a member of the Fed Board of Governors, said a rate cut hinged on inflation continuing to drop.Inc. - Dec. 3 -
How Amazon Aims to Feed Whole Foods’ Growth With Mini City Stores
Whole Foods is expanding its small format Daily Shop locations to offer fresh produce, groceries, and prepared meals for residents in metropolitan neighborhoods.Inc. - Dec. 3 -
Dollar stores are struggling to win over bargain hunters — here’s why
Slowing sales and company-specific struggles have put pressure on Dollar General and Dollar Tree, which will report quarterly earnings this week.CNBC - Dec. 3 -
Dollar stores are struggling to win over bargain hunters — here's why
As shoppers look for value, dollar stores might seem to be logical destinations.NBC News - Dec. 3 -
Fed Governor Waller says he is 'leaning toward' a December rate cut, but worries about inflation
Federal Reserve Governor Christopher Waller cited recent data indicating that progress on inflation may be "stalling."CNBC - Dec. 2 -
Fed’s Waller says he supports interest-rate cut at next meeting — for now
Federal Reserve Governor Christopher Waller said Monday that as of today, he supports an interest-rate cut at the central bank’s next meeting in a little over two weeks.MarketWatch - Dec. 2 -
Fed Governor Waller says he is 'leaning toward' a December rate cut but worries about inflation
Federal Reserve Governor Christopher Waller said Monday he is anticipating an interest rate cut in December but is concerned about recent trends on inflation that could change his mind.NBC News - Dec. 2