Latest in Retail Sales Fuel
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Explosion at fuel depot in central Italy leaves two dead, seven injured
Explosion at fuel depot in central Italy leaves two dead, seven injuredABC News - Dec. 9 -
High Pacific surface temperatures fuel record warm year
Unusually hot seas lead to more rain, causing flooding in many parts of the worldFinancial Times - Dec. 9 -
What we learned as Steph fuels Warriors' clutch win over Wolves
Steph Curry put on a show as the Golden State Warriors got revenge against the Minnesota Timberwolves on Sunday night.Yahoo Sports - Dec. 9 -
Maiocco's observations: Guerendo, Kittle fuel 49ers' win over Bears
The San Francisco 49ers dominated the Chicago Bears on Sunday behind big games from rookie Isaac Guerendo and All-Pro George Kittle.Yahoo Sports - Dec. 9 -
Returns are an $890 billion problem for retailers
Holiday shopping is expected to reach record levels this year.NBC News - Dec. 8 -
In Romanian Village, Anger Fuels Support for Ultranationalist ‘Messiah’
A presidential election has been called off, but the discontent that propelled the surging campaign of a rightist firebrand rages on.The New York Times - Dec. 8 -
The Georgia Protests Are Fueled by Fury
Georgia is lurching toward authoritarianism. This may be our last chance to pull it back.The New York Times - Dec. 8 -
Retail returns: An $890 billion problem
As shopping reaches a peak in the weeks ahead, retailers expect their return rate for the holidays to be 17% higher, on average, than the annual rate.CNBC - Dec. 7 -
TikTok Ban or Sale Upheld by Federal Appeals Court
The D.C. Circuit denied TikTok’s petition to overturn the ruling that requires it to break with parent company ByteDance or be banned.Inc. - Dec. 6 -
What we learned about the money fueling the final stretch of the election
New campaign finance disclosures filed late Thursday and early Friday shed fresh light on how big money, big donors and big expectations shaped the final stretch of the 2024 presidential race. The ...The Hill - Dec. 6 -
The stock market’s ‘fear gauge’ is trading at lows. Why retail investors should take note.
The Cboe Volatility Index hasn’t been this low in months.MarketWatch - Dec. 6 -
Guardian Confirms Sale of The Observer to Tortoise Media
The Guardian Media Group said it had struck a deal to sell The Observer to Tortoise Media, shortly after a 48-hour strike by journalists ended.The New York Times - Dec. 6 -
Ancelotti: Criticism will fuel Real Madrid to improve
Real Madrid coach Carlo Ancelotti bemoaned the amount of criticism he is receiving but said he and his team will use it as fuel to improve on the pitch.ESPN - Dec. 6 -
Ribbit and roll: A viral mascot fuels the Cleveland Cavaliers
Clevelanders see themselves in the sign-holding, friendly mascot who has taken over the city as the Cavaliers keep stacking wins.ESPN - Dec. 6 -
Observer newspaper sale to Tortoise Media approved
The Scott Trust and Guardian Media Group agreed the sale on Friday, despite pushback from staff.BBC News - Dec. 6 -
Sale of the Observer to Tortoise Media agreed in principle
Scott Trust will become a key shareholder and take a seat on both the editorial and commercial boards of the company. The sale of the Observer, the world’s oldest Sunday newspaper, to Tortoise ...The Guardian - Dec. 6 -
What we learned as Kuminga's career-high 33 fuels Warriors' win
Jonathan Kuminga scored 33 points and Andrew Wiggins added 22 points as the short-handed Golden State Warriors held off the Houston Rockets on Thursday night at Chase Center.Yahoo Sports - Dec. 6 -
GameStop Jumps After Cryptic Post From ‘Roaring Kitty’ Boosts Retail Hype
GameStop’s stock is up around 76 percent so far this year.Inc. - Dec. 5 -
Ulta Beauty shares pop as retailer beats earnings expectations despite demand fears
The retailer hiked its full-year outlook slightly to reflect the better-than-expected results.CNBC - Dec. 6 -
Kroger’s sales growth dinged by lower fuel prices and more — but it says many shoppers ‘feel better’
Supermarket giant Kroger said lower fuel prices and the sale of its specialty-pharmacy business weighed on third-quarter sales, and that it expects fourth-quarter same-store sales to be lower than ...MarketWatch - Dec. 5 -
Bitcoin races past $100,000, fueled by post-election rally
The price of bitcoin has surged more than 40% since Election Day.ABC News - Dec. 5 -
Over 205,000 Honda SUVs recalled due to fuel leak concerns
Honda is recalling more than 205,000 SUVs due to a fuel leak issue, according to the National Highway Traffic Safety Administration.NBC News - 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 -
Guardian Journalists Strike Over Planned Sale of The Observer
Workers have begun a 48-hour walkout, the first in 50 years for the outlet, over a proposal to sell The Observer to Tortoise Media, a digital media start-up.The New York Times - Dec. 5 -
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 -
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 -
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 -
'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 -
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 -
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 -
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 -
Moscow approves sale of Carlsberg’s Russian assets for $322mn
Danish brewer had previously accused the Kremlin of ‘stealing’ the businessFinancial Times - Dec. 3 -
Consumer watchdog proposes crackdown on personal data sales
The Consumer Financial Protection Bureau (CFPB) on Tuesday rolled out a new proposal aimed at cracking down on data brokers selling Americans' sensitive information. Under the proposed rule, the ...The Hill - Dec. 3 -
Tesla's China Sales Fall as Competition Heats Up
The U.S. electric-vehicle maker’s China-made car sales fell 4.3% in November.The Wall Street Journal - Dec. 3 -
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