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Category Archives: Uncategorized

Few stores closed in 2022. UBS says get ready for that to change in 2023, starting with department stores

Challenging store traffic trends, weak sales and pressured margins will be the catalysts for store closures to rise once again, UBS said.

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Millionaire investors haven’t been this bearish since 2008

Rich investors are betting on double-digit declines in stocks next year, according to the CNBC Millionaire Survey.

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Adults are buying toys for themselves, and it’s the biggest source of growth for the industry

“Kidults” are responsible for one-fourth of all toy sales annually, around $9 billion worth, as they buy everything from Star Wars to Lego products.

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Inside the largest mansion for sale in Malibu, going for $58.8 million

The six-bedroom, 10-bath home is built around an open-air courtyard with lush palms and a koi pond.

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Jim Cramer’s Investing Club meeting Monday: Industrials, buying tech, Eli Lilly

The Investing Club holds its “Morning Meeting” every weekday at 10:20 a.m. ET.

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Goldman Sachs says this little-known biotech stock can jump more than 50%

Analyst Chris Shibutani initiated the stock with a buy rating, saying the company has a promising new oral treatment in development for plaque psoriasis.

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Millionaires plan to cut their holiday spending due to inflation

Millennial millionaires are the most likely to cut back on spending as a result of inflation, with 100% saying they plan to spend less.

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Homebuilder sentiment drops for the 12th straight month, but a bottom may be near

Homebuilder sentiment hit the lowest level since 2012 in December.

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The Asian nation where 35% of people say they’ll ‘never travel’ again

Revenge travelers are driving global recovery, but far less is said about those emerging from the pandemic with little to no interest to travel again.

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NBA star Jimmy Butler on his coffee love affair and ‘very, very hard’ second career

Miami Heat star Jimmy Butler turned a coffee-making hobby into retailer Bigface Brand. The NBA player is working very hard to make it a global […]

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