Editor’s Picks

Putting Memorial Day BBQ on the Table May Put a Dent in Household Budgets
Putting Memorial Day BBQ on the Table May Put a Dent in Household Budgets
May 26, 2023  |  Economy

It’s Monday and a holiday. The hot dogs are at the ready. The grill’s fired up. The wallets feel a whole lot lighter. The Memorial...

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Digital Wallets and Networks Shake Up the $630 Billion Global Remittance Market
Digital Wallets and Networks Shake Up the $630 Billion Global Remittance Market
May 25, 2023  |  Payment Methods

The global remittance market — where hundreds of billions of dollars flow across borders annually — is being reshaped by digital disruption. Late last year,...

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Kohl’s Digital Sales Drop Nearly 20% in Q1 as Sephora Helps Improve In-Store Results
Kohl’s Digital Sales Drop Nearly 20% in Q1 as Sephora Helps Improve In-Store Results
May 24, 2023  |  Earnings

Showing the enduring strength of the in-store experience, Kohl’s reported an improvement in its first-quarter performance compared to last year and plans to further enhance...

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Cash-Strapped Main Street Merchants See Credit Options Shrinking
Cash-Strapped Main Street Merchants See Credit Options Shrinking
May 23, 2023  |  SMBs

Many Main Street small businesses are operating on the brink without adequate capital to survive a downturn, making access to finance a critical consideration in...

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Fed’s Economic Well-Being Report Understates Struggles of Paycheck-to-Paycheck Consumers
Fed’s Economic Well-Being Report Understates Struggles of Paycheck-to-Paycheck Consumers
May 22, 2023  |  Economy

The Federal Reserve Board’s latest report on the pressures faced by U.S. households paints a picture where a record number of consumers say they are...

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JPMorgan On Track to Deliver $1 Billion in Value Through AI
JPMorgan On Track to Deliver $1 Billion in Value Through AI
May 22, 2023  |  Banking

For J.P. Morgan, and as evidenced at its investor day on Monday (May 22), a few things remain the same. CEO Jamie Dimon will remain at the...

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Amazon’s New Seller Promotions Underscore Small Business Ecosystem Buildout 
Amazon’s New Seller Promotions Underscore Small Business Ecosystem Buildout 
May 22, 2023  |  Retail

Amazon’s evolution of its commerce ecosystem includes building brands for smaller businesses. The latest promotional activity is, we note, a snapshot effort tracing back to...

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Foot Locker Reports Rough Q1 as It Readies New Formats, Loyalty and Omnichannel Strategy
Foot Locker Reports Rough Q1 as It Readies New Formats, Loyalty and Omnichannel Strategy
May 19, 2023  |  Earnings

Foot Locker struggled in the first quarter amid wide-ranging changes to the athletic footwear and athleisure retailer’s physical footprint, brand mix, digital and omnichannel efforts....

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US Lawmakers Debate Dueling Stablecoin Bill Drafts
US Lawmakers Debate Dueling Stablecoin Bill Drafts
May 18, 2023  |  Regulation

U.S. lawmakers faced off Thursday (May 18) over two proposed stablecoin bills. Both bills under consideration would allow both banks and non-banks to issue stablecoins. It was...

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