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Trusted News & Timely Insights

    • Consumer Spending

    Costco Wholesale misses quarterly sales estimates due to still-subdued spending
    Frisco

    Costco Wholesale misses quarterly sales estimates due to still-subdued spending

    (Reuters) – Costco Wholesale missed market expectations for fourth-quarter sales on Thursday, reflecting cautious spending by price-conscious customers at its members-only stores as well as the impact of lower gasoline prices. The company’s shares fell about 1% in extended trading….

    Posted on Bronwen Cerys
    Federal Reserve interest rate cuts could help those looking to buy a home
    New Jersey

    Federal Reserve interest rate cuts could help those looking to buy a home

    CHATTANOOGA, Tenn. — Many Americans have been waiting for this with bated breath: The US Federal Reserve lowered interest rates on Wednesday for the first time in four years. This half-percentage point cut in the federal funds rate will impact…

    Posted on Seren Anwen
    Target plans to hire 100,000 employees for the holidays, staying at 2023 levels
    Duluth

    Target plans to hire 100,000 employees for the holidays, staying at 2023 levels

    Target says it plans to hire around 100,000 employees for the holiday shopping season. The retailer’s plans, announced on Monday (September 16), are in line with last year’s hiring numbers and come at a time when analysts expect a slightly…

    Posted on Eira Gwyneth
    Is this FTSE 250 share at rock bottom after an 83% crash?
    New Jersey

    Is this FTSE 250 share at rock bottom after an 83% crash?

    Image source: Getty Images Dr Martens (LSE:DOCS) has been a listed company for less than four years. But the FTSE250 Due to difficult trading conditions and a series of unnecessary mistakes, the share price has fallen by 83%. The company…

    Posted on Seren Anwen
    Starbucks is banking on Pumpkin Spice Lattes to boost sales
    Tennessee

    Starbucks is banking on Pumpkin Spice Lattes to boost sales

    As Starbucks struggles with similar declines in sales, the coffeehouse giant is apparently asking itself: “Maybe the Pumpkin Spice Latte is the solution?” The brand announced this week that the drink will be available on Thursday (August 22), marking the…

    Posted on Eira Gwyneth
    E-commerce now accounts for 15.2% of retail sales while growth slows
    Tennessee

    E-commerce now accounts for 15.2% of retail sales while growth slows

    If there was one catchphrase that was mentioned in the results comments and presentations in recent weeks, it was this: Normalization. Credit card companies And Banks and even some retailers have given the indication that the peaks of the pandemic…

    Posted on Eira Gwyneth
    Should you invest in this consumer goods stock now?
    New Jersey

    Should you invest in this consumer goods stock now?

    We recently published a list of The 10 best consumer goods stocks to buy, according to hedge funds. In this article, we take a look at the position of PDD Holdings Inc. (NASDAQ:PDD) compared to other stocks in the Consumer…

    Posted on Seren Anwen
    Is The Home Depot, Inc. (HD) a good consumer goods stock to add to your portfolio?
    New Jersey

    Is The Home Depot, Inc. (HD) a good consumer goods stock to add to your portfolio?

    We recently published a list of The 10 best consumer goods stocks to buy, according to hedge funds. In this article, we take a look at where The Home Depot, Inc. (NYSE:HD) is performing compared to other stocks in the…

    Posted on Seren Anwen

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