Inflation Slows, but Consumers Still Grapple With High Cost of Everyday Essentials
Inflation Slows, but Consumers Still Grapple With High Cost of Everyday Essentials
April 12, 2023  |  Economy

The headlines show that inflation may be cooling, but for consumers bearing the brunt of sticker shock, the damage may have already been done. As...

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Connected Technology Enables Home Cooking to Take on Uber Eats
Connected Technology Enables Home Cooking to Take on Uber Eats
April 12, 2023  |  Connected Economy

With connected appliances, home cooking is becoming as convenient as takeout, according to technology company Fresco. In an interview with PYMNTS, Ben Harris, CEO and...

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Banks That Backed First Republic Set Aside $100 Million Reserves
Banks That Backed First Republic Set Aside $100 Million Reserves
April 12, 2023  |  Banking

America’s biggest banks are reportedly setting aside cash in anticipation of first-quarter losses. The banking giants that helped shore up struggling First Republic Bank with...

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Retail Partnerships: Checking on Peloton and Adidas, TikTok and Shopify
Retail Partnerships: Checking on Peloton and Adidas, TikTok and Shopify
April 12, 2023  |  Retail

Unconventional partnerships have transformed the retail industry, disrupting traditional business models and creating new opportunities for growth and success. From Shopify and TikTok to Target...

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Mid-Priced Apparel Retailer Buckle Reports 10.1% Sales Drop in March
Mid-Priced Apparel Retailer Buckle Reports 10.1% Sales Drop in March
April 12, 2023  |  Retail

Mid-priced apparel, accessories and footwear retailer Buckle reported a drop in sales in March. The 439-store firm’s comparable store net sales for March were down...

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Square Debuts Suite of Small Business Automation, Embedded Finance Tools
Square Debuts Suite of Small Business Automation, Embedded Finance Tools
April 12, 2023  |  SMBs

Commerce solutions provider Square has unveiled nearly 100 features to help its business customers grow. The new features, announced Wednesday (April 12), offer sellers a...

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Why Shein Thinks Quiet Luxury Will Drive More Sales
Why Shein Thinks Quiet Luxury Will Drive More Sales
April 12, 2023  |  Retail

In recent years, the concept of quiet luxury has become a trend in the fashion industry. The term refers to the subtle but expensive garments...

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Walmart Closes 4 Chicago Stores After Years of Losses
Walmart Closes 4 Chicago Stores After Years of Losses
April 12, 2023  |  Retail

Walmart has shuttered half its Chicago stores while facing heavy competition for grocery customers. The move, announced Tuesday (April 11), brings the number of Walmart...

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FSB Head Calls for Stricter Rules Following Bank Runs
FSB Head Calls for Stricter Rules Following Bank Runs
April 12, 2023  |  Bank Regulation

A top world financial watchdog wants financial regulators to learn from the recent banking crisis. In a letter Wednesday (April 12) to the finance ministers...

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