Inventory in April rose 9% month to month and was up 16% from the year before, but still just a 3.5-month supply at the current […]
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It’s not your imagination. Pickleball courts are everywhere
Pickleball courts have become big business as franchises, country clubs and fitness clubs build and convert space.
Continue readingCFPB says buy now, pay later firms must comply with U.S. credit card laws
The buy now, pay later market is dominated by fintech firms like Affirm, Klarna and PayPal.
Continue readingTarget will report earnings before the bell. Here’s what to expect
Big-box retailer Target reports earnings days after it said it would lower prices on thousands of groceries and everyday items.
Continue readingMcDonald’s franchisee group says $5 value meal can’t last without company investment
The $5 value meal will hit menu boards beginning June 25 and will last roughly a month.
Continue readingHere’s where rents are rising — and where they’re falling
Of the nation’s 20 largest cities, Seattle saw the highest year-over-year increase in single-family rents, followed by New York and Boston.
Continue readingJPMorgan CEO Jamie Dimon signals retirement is closer than ever
The ambiguity of Dimon’s plans has made succession timing at JPMorgan one of the persistent questions for the bank’s investors and analysts.
Continue readingAre consumers pulling back on spending? It depends on which CEO you ask
Companies like PepsiCo have warned about a weak low-income consumer, while Delta Air Lines and Chipotle have benefited from their high-income customer bases.
Continue readingHow Macy’s, Kohl’s and Nordstrom are chasing Millennial, Gen Z shoppers
Baby boomers make up a sizeable chunk of the retailers’ shoppers and investors aren’t convinced that Gen Z and Millennials will age into shopping at […]
Continue readingJamie Dimon says JPMorgan stock is too expensive: ‘We’re not going to buy back a lot’
JPMorgan Chase has seen its shares surge 40% over the past year, reaching a 52-week high on Monday before Dimon’s comments dinged the stock.
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