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1 min read

Mars is buying the maker of Pringles and Cheez-It for almost $36 billion

One of the biggest deals this year brings brands including Pop-Tarts, Eggo waffles, and Pringles un…

Lian Kit Wee   


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2 mins read

Xi may be holding back on economic stimulus because of Trump's tariff threat, an economist says

Republican presidential candidate Donald Trump said in February he would slap tariffs of over 60% o…

Huileng Tan   


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2 mins read

India's non-cash payments on e-commerce platforms surge to 58.1% in 2023

India has made rapid strides in terms of alternative payment share for e-commerce payments in the A…

ANI   


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2 mins read

'Strong' Walmart results come as a relief for the retail sector

Walmart posted better-than-expected sales for its second quarter and raised its profit outlook, sen…

Grace Dean   


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2 mins read

Target's plan to lock in shoppers is working brilliantly

Target managed to return to sales growth by offering attractive value for American households who a…

Dominick Reuter   


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3 mins read

Fearless Virender Sehwag aims to back bold entrepreneurs through his strategic investment in a major venture builder

Sehwag aims to support budding entrepreneurs, indicating the growing interest in India's startup ec…

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4 mins read

Indian startups raise $3.1 Billion in VC funding in four months even as funding winter continues in the West

Indian startups raised $3.1 billion in VC funding during the first four months of 2024, marking a Y…

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3 mins read

The Sahm Rule has flashed, but there's a simpler recession indicator investors should be watching

"The Perkins rule asks whether payrolls are declining. Not rocket science," TS Lombard's Dario Perk…

Matthew Fox   


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2 mins read

How Taco Bell stays cheap

Fast food prices have soared in recent years, and while Taco Bell isn't immune to these, it's known…

Paige Bruton   


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2 mins read

Japan got so spooked by Monday's market meltdown that it's now playing cool on more interest-rate hikes

Some analysts blamed the August 5 market meltdown on recent Japan's rate hike that tipped markets o…

Huileng Tan   


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2 mins read

The Fed likely won't cut rates until after a recession strikes, research firm says

The Fed is making a big mistake by not cutting interest rates right now, according to GlobalData TS…

Matthew Fox   


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2 mins read

Why your local pharmacy may be closing

Walgreens is closing a "significant" number of US stores. CEO Tim Wentworth said the industry is "l…

Dominick Reuter   


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3 mins read

Sanctions-hit Russia is rushing to set up payment systems, including crypto, to make trading easier

Russia is facing so many issues with its international trade payments that it's shifting its previo…

Huileng Tan   


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1 min read

Stock market today: US stocks edge lower as AI-fueled tech rally stalls

Shares of Nvidia were down an additional 2% in early Friday trades, while Dell, Broadcom, and Super…

Matthew Fox   


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2 mins read

Stock market today: US stocks close at record highs after dovish June jobs report

"To us, the message is the labor market is slowing," Fundstrat's Tom Lee said of the June jobs repo…

Matthew Fox   


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3 mins read

Some people may love to abuse Costco's generous returns policy, but it's a genius business decision

The internet is awash with examples of customers abusing Costco's generous returns policy and bring…

Alexandra Bacon   


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1 min read

Dollar Tree is considering selling problem child Family Dollar

Value giant Dollar Tree is looking at "strategic alternatives" for Family Dollar, which could inclu…

Grace Dean,Mary Hanbury   


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2 mins read

The Fed's first rate cut of 2024 could come next month if the labor market slows

Markets are only pricing in a 10% chance of an interest-rate cut in July, according to the CME FedW…

Matthew Fox   


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4 mins read

Locked-up merchandise is turning off shoppers at CVS, Walgreens, and other big drugstores

Pharmacy retailers are locking more items away, and that's turning away customers who say the measu…

Alex Bitter,Dominick Reuter   


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2 mins read

Russia says it's working with a group of countries to build a platform that doesn't need the dollar

Russian President Vladimir Putin has doubled down on phasing out the use of the US dollar and other…

Huileng Tan