Inflation is hot just like the job market, but the March jobs report showed there aren’t a lot of jobs where wage growth is standing up to heated prices. That is, with some exceptions — which may hint a lot about where consumer demand is going as pandemic concerns fade. In a healthy-looking jobs report […]
Text size A cyclist rides past an AMC theater in San Francisco in the spring of 2020. Justin Sullivan/Getty Images Even stocks are back on the menu. Shares of AMC Entertainment Holdings , GameStop , and Bed Bath & Beyond leapt Monday in a resurgence of the frenzied buying that took them through the roof […]
LOS ANGELES — Thousands of central and Southern California grocery workers have voted to authorize their union to call a strike against several major supermarket chains as contract negotiations are set to resume this week. About 47,000 workers at hundreds of Ralphs, Albertsons, Vons and Pavilions voted starting last week and the results were announced […]
The turmoil in Chinese technology shares is damping the financial firepower Japan’s SoftBank 9984 -1.75% Group Corp. has for new investments, and prompting debate about whether it might sell some of its huge stake in Alibaba BABA -1.88% Group Holding Ltd. The Nasdaq Golden Dragon China Index of US-listed Chinese stocks has declined 52% over […]
The turmoil in Chinese technology shares is damping the financial firepower Japan’s SoftBank 9984 -1.75% Group Corp. has for new investments, and prompting debate about whether it might sell some of its huge stake in Alibaba BABA -1.88% Group Holding Ltd. The Nasdaq Golden Dragon China Index of US-listed Chinese stocks has declined 52% over […]
The turmoil in Chinese technology shares is damping the financial firepower Japan’s SoftBank 9984 -1.75% Group Corp. has for new investments, and prompting debate about whether it might sell some of its huge stake in Alibaba BABA -1.88% Group Holding Ltd. The Nasdaq Golden Dragon China Index of US-listed Chinese stocks has declined 52% over […]
Alibaba Group Holding ltd. BABA -4.35% boosted its share buyback program to $25 billion from $15 billion, in a bid to reassure investors about the company’s prospects after a year in which its stock has fallen by more than half. The potential buybacks are substantial compared with the Chinese e-commerce giant’s market value: As of […]
An iconic Andy Warhol silk-screen portrait of Hollywood starlet Marilyn Monroe is headed to Christie’s in New York later this spring for $200 million—a record asking price for any artwork at auction. The 3-foot square silk-screen from 1964 depicts a promotional photo from the actress’s film “Niagara.” The artist transformed the actress into a pop-art […]
Rising fuel prices are taking a toll on small businesses, prompting owners of everything from furniture retailers to swimming-pool service companies to trim services and revise contracts as they try to soften the financial hit. Keon Enterprises, in Harrisburg, Pa., has paid as much as $3,180 for gas in recent weeks, up from about $1,500 […]
Text size A customer browses gift-wrapping supplies at a Dollar Tree store in Louisville, Ky. Luke Sharrett/Bloomberg Same-store sales are critical for retailers, but many investors worry that they will fall in 2022 because 2021—a great year for the industry–gave them a hefty boost. Analysts have increased their estimates for the key metric for only […]
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