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3 mins read

In leaked internal meeting, Amazon retail chief says sales of cheaper items are surging

Amazon's retail CEO told employees this week why the company is doing a better job selling cheaper …

Eugene Kim   


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3 mins read

Online sales of Plan B and birth control are surging after Trump's election, retailer says

Wisp, a telemedicine company focused on reproductive health, said its sales of emergency contracept…

Katie Balevic   


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2 mins read

Stock market today: Indexes gain after strong retail sales data

Stocks rose Thursday as investors digested strong retail sales data for September. Upbeat earnings …

Kelly Cloonan   


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2 mins read

China's population decline is having a big impact as marriages, diamond sales, and retail spending drop

Just 3.4 million couples in China got married in the first half of 2024, a 50% decline from what wa…

Jennifer Sor   


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7 mins read

How Prada is beating the odds and bucking the luxury slump

Thanks to coveted designs from Miu Miu and a company-wide turnaround strategy, Prada is one of the …

Madeline Berg   


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2 mins read

Here's the next data point to watch as Wall Street eyes a 'no landing' scenario for the US economy

After promising jobs and GDP data, a surge in retail spending would point to a "no landing" or a re…

Kelly Cloonan   


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4 mins read

America's shopping spree is over and retailers are facing a new world of cautious consumers

76% of consumers said they planned to trade down in the next quarter, spelling trouble for the weak…

Jennifer Sor   


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2 mins read

FADA urges banks to tighten funding to dealers as rains play spoilsport in August

Auto sales in India experienced a significant decline in August 2024, primarily due to excessive ra…

Business Insider Latest Story Image
1 min read

Stock market today: Indexes rise on upbeat retail sale data ahead of Fed meeting

Retail sales boosted confidence in the US consumer a day ahead of the Fed's anticipated interest ra…

Filip De Mott   


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2 mins read

The US economy is strong enough that Fed rate cuts aren't even warranted, JPMorgan strategist says

Most traders expect the Fed to make a big initial rate cut, but one strategist says it's not necess…

Kelly Cloonan   


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3 mins read

Why Tesla's sales are slipping in California, and what it means for Elon Musk's car company

Tesla is losing ground in its home state of California. That signals more trouble ahead for Elon Mu…

Nora Naughton   


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1 min read

All the data is pointing to a soft landing in the US economy, top economist says

"The bottom line is that the US economy is not in a recession, and there are no signs of a recessio…

Matthew Fox   


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2 mins read

Welcome to the 'treat yourself' economy — where skincare and long hair rule

Better-than-expected retail sales and personal care spending in recent months suggest consumers are…

Erin Snodgrass   


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2 mins read

Better catering and nicer bathrooms will help get workers back to the office, says this retail CEO

Stuart Rose, boss of UK supermarket chain Asda, says working from home isn't a "satisfactory" way o…

Polly Thompson   


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2 mins read

Retailers are highlighting two very different realities emerging among squeezed US shoppers

While Walmart, T.J. Maxx, and Nordstrom say middle-income shoppers are still spending, Dollar Gener…

Alex Bitter   


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2 mins read

McDonald's sales dropped for the 2nd quarter in a row as customers keep tightening their belts

Global sales at the Golden Arches fell 1.5%, driven by international markets, especially France, th…

Nora Redmond   


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2 mins read

Stock market today: Indexes rise after retail sales boosts confidence on the consumer and the economy

Indexes rose after a surprise 1% jump in retail sales. Bond yields jumped as traders dialed back fe…

Kelly Cloonan   


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2 mins read

The US consumer is strong and fears of a recession are 'overblown' based on the latest earnings results, Goldman Sachs says

Accounting for the recent flurry of upbeat data points, Goldman's Jan Hatzius reduced the probabili…

Matthew Fox   


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1 min read

Don't get spooked by recession fears. The US is well on its way to a soft landing, Goldman Sachs says

Analysts from Goldman Sachs say the US is on its way to a soft landing, with recent volatility fue…

Kelly Cloonan   


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15 mins read

America's absurd war on 'organized retail crime'

Target and CVS call them criminal masterminds. Most are homeless or mentally ill.

Amy Martyn