Challenging store traffic trends, weak sales and pressured margins will be the catalysts for store closures to rise once again, UBS said.
Continue readingCategory Archives: Uncategorized
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.
Continue readingAdults 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.
Continue readingInside 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.
Continue readingJim 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.
Continue readingGoldman 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.
Continue readingMillionaires 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.
Continue readingHomebuilder sentiment drops for the 12th straight month, but a bottom may be near
Homebuilder sentiment hit the lowest level since 2012 in December.
Continue readingThe 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.
Continue readingNBA 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 […]
Continue reading