market conditions

Holiday ‘Sales Creep’ May Burden Inventory-Laden Retailers
Holiday ‘Sales Creep’ May Burden Inventory-Laden Retailers
August 22, 2023  |  Retail

Right now, the headlines and news stories detailing the deluge of holiday merchandise on retailers’ shelves are a bit whimsical. Christmas is here, is the...

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Consumers See Restaurants Getting Stingier With Discounts Amid Inflation 
Consumers See Restaurants Getting Stingier With Discounts Amid Inflation 
August 18, 2023  |  Restaurant Roundup

As food inflation puts pressure on restaurant margins, consumers have noticed restaurants scaling down their deals and promotions.   By the Numbers  Of more than 1,800...

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Nubank’s Stock Dips After CEO Sells 3% of His Shares
Nubank’s Stock Dips After CEO Sells 3% of His Shares
August 17, 2023  |  Markets

Digital bank Nubank reportedly saw its shares dip after CEO David Velez sold a portion of his stake in the company. The stock fell by...

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Homebuilders Confident in Demand but Worried About Banking Crisis
Homebuilders Confident in Demand but Worried About Banking Crisis
March 15, 2023  |  Market Conditions

Despite high construction costs and interest rates, U.S. homebuilders are confident in their industry. The latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market...

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Report: January Job Cuts Were Highest Since 2020
Report: January Job Cuts Were Highest Since 2020
February 02, 2023  |  Personnel

The wave of layoffs announced by employers last month was the highest since 2020. U.S. based companies cut 102,943 jobs in January, a 136% increase...

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Sezzle CEO: FinTech Path to Profitability Starts With Being Your Own Worst Critic
Sezzle CEO: FinTech Path to Profitability Starts With Being Your Own Worst Critic
February 01, 2023  |  Fintech Investments

If Sezzle CEO Charlie Youakim had to write a book about the FinTech bubble that burst in 2022, he’d call it “Crazy Money.” That nugget...

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The Conference Board: Consumers’ Short-Term Outlook May Signal Coming Recession 
The Conference Board: Consumers’ Short-Term Outlook May Signal Coming Recession 
January 31, 2023  |  Economy

Consumer confidence dipped in January after rising in December, according to The Conference Board. The not-for-profit think tank said in a Tuesday (Jan. 31) press...

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One-Click Checkout Startup Bolt Laying Off 10% of Workforce
One-Click Checkout Startup Bolt Laying Off 10% of Workforce
January 24, 2023  |  Personnel

Bolt reportedly laid off 10% of its workforce on Tuesday (Jan. 24). The Information reported Tuesday that with the layoffs of these 50 employees, the...

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Inflation Puts Pressure on Ghost Kitchen Model
Inflation Puts Pressure on Ghost Kitchen Model
January 23, 2023  |  Restaurant innovation

After years of explosive growth, ghost kitchens face a reckoning as consumers seek cheaper alternatives. Throughout the pandemic, the delivery-only virtual brand model proliferated, and...

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