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PINK SLIP WEEK: Inflation is driving layoffs, despite July's strong jobs report. https://fxn.ws/3SwKFX9
EXPENSIVE TASTE: Balenciaga’s Trash Pouch is the world's most expensive garbage bag. https://fxn.ws/3SpL9yp
5 things we've learned from earnings season so far: How big an impact is inflation having?
marketwatch.com/story/5-things-weve-learned-from-earnings-season-so-far-how-big-an-impact-is-inflation-having-11659716778
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Walmart, Oracle, Robinhood lead job cuts this week: A number of layoffs were announced this week, led by Walmart, Oracle and Robinhood as inflation takes a toll ...
foxbusiness.com/economy/walmart-oracle-robinhood-lead-job-cuts-this-week
5 things we've learned from earnings season so far: How big an impact is inflation having?
marketwatch.com/story/5-things-weve-learned-from-earnings-season-so-far-how-big-an-impact-is-inflation-having-11659716778
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Supermarkets supersized their profits during the pandemic: Operating incomes at major grocery chains grew in 2021 — and are still climbing
qz.com/supermarket-prices-grocery-food-inflation-pandemic-1851369826
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Walmart Price Increases Slammed by Former Labor Secretary: "When I say price gouging is driving inflation, this is what I mean," Robert Reich said.
newsweek.com/walmart-price-increases-slammed-1882788
Walmart U.S. CEO shares great news for shoppers on a budget: The president and CEO of Walmart U.S. made some cheery comments on the state of retail and grocery.
thestreet.com/retail/walmart-u-s-ceo-makes-2024-prediction-customers-will-love
Robinhood's new credit card goes after Apple Card with ability to invest cash-back perks | TechCr...
tcrn.ch/3IUrCSZ
🔴 WATCH LIVE: Robinhood - The New Gold Standard $HOOD: Benzinga Live on X (Twitter)
twitter.com/i/broadcasts/1lDGLPjbvzvGm
Climate change driving up inflation in food prices: Study: Rising global temperatures are associated with inflation in food prices, both in regions that are ...
thehill.com/policy/energy-environment/4554700-climate-change-driving-up-inflation-in-food-prices-study/
Bankrupt EV startup Arrival sold its assets to Canoo: Bankrupt commercial EV startup Arrival has sold some of its assets, including advanced manufacturing ...
techcrunch.com/2024/03/25/bankrupt-ev-startup-arrival-sold-its-assets-to-canoo/
Walmart Had Right to End Capital One Partnership, Judge Rules: Walmart Inc. had the right to terminate a credit-card partnership with Capital One Financial Corp. ...
bloomberg.com/news/articles/2024-03-26/walmart-had-right-to-end-capital-one-partnership-judge-rules
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The hexa-core AMD Ryzen 5 7600 5.1 GHz processor has dropped to $189: The AMD Ryzen 5 7600 CPU is available today at Walmart for just $189 instead of its usual ...
tomshardware.com/pc-components/cpus/the-hexa-core-amd-ryzen-5-7600-51-ghz-processor-has-dropped-to-dollar189
A Costco rival is expanding: BJ’s Wholesale Club plans to open five new locations in the Southeast and Midwest U.S.
qz.com/bjs-wholesale-expanding-new-stores-costco-sams-club-1851369614
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Walmart employee fatally stabbed at Illinois store, suspect charged with murder: Police arrested Timothy Carter, 28, in the fatal stabbing of a Walmart employee ...
usatoday.com/story/news/nation/2024/03/25/walmart-stabbing-rockford-illinois/73089984007/
UK inflation falls to 3.4% - BBC News: The latest figures are due to be published at 07:00 by the Office for National Statistics.
bbc.co.uk/news/live/business-68581526
Quick Glance: UK Inflation Rate Drops to 3.4% - Lowest Level in Almost Two and a Half Years - BBC News
- The UK inflation rate fell to 3.4% for the year to February - the lowest level in almost two and a half years.
- Economists predict that inflation is likely to hit the Bank of England's target of 2% this summer.
- Cost of living is increasing while wage growth is outpacing inflation.
- Housing costs are rising faster, putting pressure on renters and homeowners.
Japan Set to Decide on Ending the World’s Last Negative Rates
bloomberg.com/news/live-blog/2024-03-19/bank-of-japan-monetary-policy-decision
Quick Glance: Fate of BOJ's Stimulus Tools Revealed
- The Bank of Japan ended eight years of negative interest rates and other unorthodox measures to boost growth. Details on changes to the stimulating tools were disclosed.
- The negative interest rate policy was lifted, and the bank now pays a 0.1% interest rate on excess reserves to withdraw money from the economy.
- Yield curve control was dismantled, but the bank will continue to buy bonds and intervene with larger purchases if bond yields rise rapidly.
- The purchase of risky assets like ETFs and REITs was discontinued, and the commitment to maintain massive stimulus was withdrawn to reassure the market.
First over-the-counter birth control pill hits store shelves: Opill, the first birth control pill approved for people to buy without a prescription ...
nbcnews.com/health/health-news/birth-control-pill-over-the-counter-available-stores-rcna144470
'I got fired from work for pooing my pants - it has to be illegal': A man suffering from IBS claims he was unfairly dismissed from work after suffering from an ...
themirror.com/news/us-news/i-fired-walmart-pooping-pants-397648
440,500 Starbucks mugs recalled after a dozen people hurt: List of recalled mugs: The mugs were sold in the United States at Target, Walmart and military retail ...
usatoday.com/story/money/2024/03/21/starbucks-mugs-recalled/73051711007/
Pharmacies take appeal of $650 mln opioid award to Ohio top court: Pharmacy operators CVS , Walmart and Walgreens on Tuesday urged Ohio's highest court to ...
reuters.com/legal/litigation/pharmacies-take-appeal-650-mln-opioid-award-ohio-top-court-2024-03-26/
Walmart-backed technology firm Ibotta files to go public in US: Walmart-backed Ibotta has filed to go public in the United States, the technology company said in ...
reuters.com/markets/deals/walmart-backed-technology-firm-ibotta-files-go-public-us-2024-03-22/
3 ways to save money for people on a fixed income: These tips might help you make the most of your fixed budget well into your golden years
ajc.com/things-to-do/aging-in-atlanta/3-ways-to-save-money-for-people-on-a-fixed-income/HGGEHJ4PHZD33CMT3PGEZTEVQA/
Applications for U.S. unemployment benefits dip to 210,000, another sign the job market is strong
apnews.com/article/unemployment-claims-benefits-layoffs-jobs-economy-e57c4a244554722ef4b5707156c096dd
Quick Glance: RBA's Stance on Interest Rates Amid Rising Unemployment Risks
- The Reserve Bank considers both interest rate cuts and rises as unemployment risks increase.
- Contrary to expectations, the US Federal Reserve is not likely to cut rates, shifting focus to Australian rate cuts.
- Economic performance and job data are crucial factors influencing future monetary policy decisions.
- Investors and policymakers are adjusting strategies in anticipation of potential rate cuts and economic slowdown.
The total solar eclipse is actually really stressful: The Great North American Solar Eclipse is a once-in-a-lifetime event — and a Gizmodo writer's anxieties ...
qz.com/2024-total-solar-eclipse-great-north-american-1851351300
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Campaign looks to connect Latinos with Climate Action Plan funds: A new campaign is underway to help Hispanics in battleground states access federal climate ...
thehill.com/latino/4546933-campaign-latinos-climate-action-plan/
Blockchain startup Sei Labs creates an interesting solution to make Ethereum faster
techcrunch.com/2024/03/13/blockchain-startup-sei-labs-creates-an-interesting-solution-to-make-ethereum-faster/
Nsave gets $4M to enable people from unstable economies open offshore accounts: Nsave, a fintech based in Geneva making banking in Switzerland accessible to ...
techcrunch.com/2024/03/22/nsave-gets-4m-seed-funding/
Subway is switching from Coke to Pepsi: The sandwich chain said it reached an agreement to make PepsiCo its exclusive beverage provider in the U.S.
qz.com/pepsi-coca-cola-coke-subway-beverage-deal-1851349934
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Buy Robinhood (HOOD) as Crypto Set to Hit $7.5 Trillion Assets, Bernstein Says: The market value of digital assets is poised to nearly triple to $7 ...
bloomberg.com/news/articles/2024-03-14/buy-robinhood-hood-as-crypto-set-to-hit-7-5-trillion-assets-bernstein-says
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The numbers show Walmart is America's grocery king: Walmart is the biggest grocery retailer in the US by a long shot. Americans spent $264 billion on Walmart ...
businessinsider.com/walmart-grocery-sales-us-compared-kroger-albertsons-2024-3
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Robinhood Stock Falls as It Launches Into This Market, and Other Tech News Today: Robinhood Markets has finally launched commission-free trading throughout the U ...
on.barrons.com/3Vp93On
Walmart wants more wealthy shoppers: The retail giant is making renovations to its sales floors and its assortment of brands
qz.com/walmart-wealthy-shoppers-1851355757
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Higher olive oil prices due to shortage - Foodstuffs: Supermarket giant Foodstuffs is warning of a olive oil shortage and in turn higher prices at the checkout.
rnz.co.nz/news/country/512615/higher-olive-oil-prices-due-to-shortage-foodstuffs
Toyota confirms UK pricing for new GR Yaris: £10k price rise for Toyota's hot hatch hero - and the special editions are £60k...
pistonheads.com/news/ph-japanesecars/toyota-confirms-uk-pricing-for-new-gr-yaris/48353
Target's new self-checkout rules have begun: Shoppers will have to limit the number of items in their basket to 10 or less
qz.com/target-new-self-checkout-rules-have-started-1851344868
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Wagyu-mart? Inside Walmart’s Bold Plan to Lure Luxury Shoppers: Walmart will redesign over 800 U.S. locations and stock them with high-end fashion brands ...
robbreport.com/lifestyle/news/walmart-wealthy-shoppers-1235555043/
‘Distinction the new credit’: Grade inflation puts uni integrity at risk: An investigation into grade inflation by Sydney University found a 234 per cent ...
smh.com.au/national/nsw/distinction-the-new-credit-grade-inflation-puts-uni-integrity-at-risk-20240321-p5fe7i.html
Ready for spring break travel? L.A. County gas prices top $5 a gallon: Higher crude oil prices and increased demand for fuel from spring break road trips have ...
latimes.com/california/story/2024-03-24/gas-prices-in-la-over-5-a-gallon
Quick Glance: Rising Gas Prices in California during Spring Break
- The surge in crude oil prices and the increased demand for fuel due to spring break have led to rising gas prices in California.
- Drivers in Los Angeles County are even experiencing higher prices, averaging $5.035.
- Moreover, California is set to transition to its summer gas blend, potentially costing 15 cents more per gallon than the current winter blend, as mentioned by Shupe.
- The national average for a gallon of gas stands at $3.533, as reported by AAA.
Walmart just funded 15 community solar projects across the US: Walmart is investing in 19 solar projects under development across the US, including 15 community ...
electrek.co/2024/03/26/walmart-just-funded-15-community-solar-projects-across-the-us/
Walmart Is Luring Wealthy Shoppers With Fine Foods and Trendy Clothes: The lighting is warm and bright, the aisles are broad and shelves display $50 silk sleep ...
bloomberg.com/news/articles/2024-03-21/walmart-wmt-targets-wealthier-shoppers-with-high-end-products
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Economic institutes lower growth forecast to 0.1 percent: The leading economic institutes in Germany have drastically revised their forecast downwards ...
tagesschau.de/wirtschaft/fruehjahrsprognose-institute-100.html
Biden and Trump ask voters if they're 'better off' than they were 4 years ago. It's complicated
apnews.com/article/biden-trump-voters-pandemic-era-economy-inflation-597f4f2f2b2e32d8933802e37ef66913
Quick Glance: Biden Contrasts Himself with Trump Through 'Are You Better Off Today' Question
- President Joe Biden used the 'are you better off today than you were four years ago' question as a new line of attack against former President Donald Trump, reminding voters of the challenges during Trump's term.
- Biden also criticized Trump for his 'bloodbath' comment, emphasizing the need to reject political violence. He redirected the narrative by focusing on the 'better off' theme and highlighted the early days of the COVID-19 pandemic in the U.S.
- Furthermore, Biden underscored the progress made since Trump's presidency, including COVID-19 control, the return of 15 million jobs, and stock market recovery. Biden's campaign sees a resurgence of interest in a Biden-Trump rematch among voters.
- The article also mentions Biden's comments on U.S. Sen. Ted Cruz and his support for Rep. Colin Allred, positioning Cruz as an ally of Trump. Biden conveyed the message that the focus should be on Trump's intentions and actions, rather than on himself.
A Kroger-Albertsons merger means lower prices and more jobs. Let it happen.: Arizona Attorney General Kris Mayes says she's just responding to consumer concerns ...
usatoday.com/story/opinion/2024/03/26/kroger-albertsons-merger-jobs-prices/73068941007/
Federal Reserve expected to cut rates, lift Biden's prospects: The U.S. Federal Reserve looks on track to cut interest rates as the presidential campaign season ...
reuters.com/markets/us/federal-reserve-expected-cut-rates-lift-bidens-prospects-2024-03-25/
Annual inflation rose to 3.2 percent in February, hotter than expected: Consumer prices rose at faster monthly and annual rates in February, according to ...
thehill.com/business/4525863-annual-inflation-rose-to-3-2-percent-in-february/
Quick Glance: Inflation Decline and Consumer Impact
- Inflation in Germany continues to decline, primarily due to cheaper energy prices. Experts predict a further decrease in the year ahead, but with potential challenges. Higher inflation rates diminish consumer purchasing power.
- In February, energy and fuels decreased in price, while food prices increased. Services also became more expensive. Consumer prices rose by 0.4 percent compared to the previous month.
- The German government forecasts rising consumer prices and wage increases above the inflation rate. The expectation is that employees will spend the money and boost private consumption. However, the Bundesbank President warns against premature interest rate cuts.
- Despite the decline in inflation, the Bundesbank cautions against premature interest rate cuts. The European Central Bank aims for price stability in the medium term. Higher interest rates can curb demand but also burden the economy.
Walmart Refiles Papers for US Antitrust Review of Vizio Deal: Walmart Inc. will withdraw and refile the paperwork associated with its deal to buy smart-TV maker ...
bloomberg.com/news/articles/2024-03-27/walmart-refiles-papers-for-us-antitrust-review-of-vizio-deal
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After Walmart Bought Finance App One, Complaints Soared: The retail giant has long sought to become a financial powerhouse. But after it acquired a neobank ...
propublica.org/article/after-walmart-bought-finance-app-one-complaints-soared
Dow, S&P fall for third straight session with inflation data eyed: U.S. stocks slipped on Tuesday, giving up modest gains late in the session to send the Dow and ...
reuters.com/business/futures-rise-megacap-chip-stocks-bounce-2024-03-26/
Reddit’s Stock Debut Is Coming. It May Not Usher In the Next IPO Wave.: Reddit’s market debut is unlikely to lead to a wave of new offerings yet.
barrons.com/articles/reddits-stock-debut-coming-ipo-wave-710b6a6f
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Coinbase Stock Has Quintupled. Why It Could Keep Going Higher.: Coinbase Global stock still has room to run, according to some analysts. The approval of the ...
barrons.com/articles/coinbase-global-stock-price-bitcoin-crypto-c3be0343
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A $20 Billion Deal Depends on Whether You Think Walmart Is a Supermarket: Antitrust authorities say Kroger’s planned Albertsons takeover will leave fewer ...
wsj.com/business/retail/walmart-supermarket-kroger-albertson-merger-68e2478e
Weak demand: Residential property prices are falling more sharply than they have been since 2000
faz.net/aktuell/finanzen/preise-fuer-wohnimmobilien-sinken-im-rekordtempo-staerkster-rueckgang-seit-2000-19604413.html
Walmart Employee Stabbed to Death in Illinois: Rockford Police said an 18-year-old employee was stabbed in the back on Sunday before he died from his wounds.
newsweek.com/walmart-employee-stabbed-death-illinois-rockford-police-northridge-latest-1882901
These Teenagers Know More About Investing Than You Do: Custodial investment accounts for minors have surged in popularity.
wsj.com/personal-finance/url-teens-stock-trading-apps-e839f82a
Oil's Red Sea problem is getting harder to ignore: Oil shipments and prices are being disrupted by turmoil on the high seas.
axios.com/2024/03/26/crude-oil-markets-red-sea
Walmart: Market Leaders Deserve Their Premium Valuations - Maintain Buy: Walmart remains a Buy, given its profitable growth trend and healthier balance sheet ...
seekingalpha.com/article/4679434-walmart-market-leaders-deserve-premium-valuations-maintain-buy
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This Bento-Style Lunch Box Is Less Than $12 At Walmart (And Parents Love It): Reviewers also say they prefer it to pricier options from brands like Bentgo.
huffpost.com/entry/best-lunch-box-walmart_l_64cde047e4b0334ad275a4d6
5 ways McDonald's, Walmart, and other retailers are getting creative to reach consumers
qz.com/mcdonalds-walmart-target-walgreens-cvs-ikea-retail-1851345727
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Man charged with murder after stabbing of Black teen worker at Illinois Walmart: Timothy Carter, 28, in custody over killing of Jason Jenkins, 18 ...
theguardian.com/us-news/2024/mar/25/illinois-man-charged-stabbing-black-teenager
Your Next Pair of Walmart Pants Could Be 3D Woven: San Francisco startup Unspun is the new face of the movement to cut down on emissions and waste in fashion ...
wired.com/story/walmart-unspun-3d-woven-work-pants/
Walmart Has An Apple MacBook Air For Less Than $700 Right Now: We’re not really sure how this price is so low.
huffpost.com/entry/walmart-apple-macbook-sale_l_65f45c2de4b0651fa4a2921c
Scoop: Walmart, 7-11, Chick-fil-A pilot new drone delivery tech: DroneUp unveiled a proprietary autonomous drone delivery "ecosystem" for retailers.
trib.al/BS0vfvU
My favorite Brother laser printer is just $99 at Walmart today: Get a super-solid, super-efficient printer with Wi-Fi for under a C-note, and save yourself a ...
pcworld.com/article/2270476/my-favorite-brother-laser-printer-is-just-99-at-walmart-today.html
Should investors buy Reddit stock? 4 things to know as the social media company IPOs
qz.com/reddit-ipo-stock-going-public-investors-1851353141
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Quick Glance: Reddit Shares Surge 48% in Market Debut
- Reddit shares ended their first day of trading in New York up 48 per cent, signaling that investor appetite for initial public offerings of promising yet loss-making companies could be returning.
- While Reddit still relies on advertising for the vast majority of its revenue, it positioned its content in its IPO marketing as training grounds for AI programs and disclosed an investigation by the US Federal Trade Commission into its AI data licensing deals.
- Shares of Reddit opened on the New York Stock Exchange at $47 and surged to $50.44 after pricing at $34 in the IPO.
- Reddit's entry into public markets was long overdue, and although the allocation of shares to users and retailers poses risks, the extremely bullish sentiment from retail traders on platforms like Stocktwits indicates that the cult brand Reddit continues to hold a significant cultural presence in the social media world.
Trading app Robinhood drops margin investing in UK launch: Trading platform Robinhood has "paused" its plan to lend to UK-based customers to allow them to make ...
reuters.com/technology/trading-app-robinhood-drops-margin-investing-uk-launch-2024-03-19/
How Target Circle 360 Compares With Amazon Prime and Walmart+: Target is the latest retailer to roll out a membership for fast shipping and other perks.
wsj.com/business/retail/target-launches-paid-circle-membership-see-how-it-compares-with-amazon-prime-97f7fd3e
Australia to recommend minimum wage rise in line with inflation: Australia's government will support a minimum wage increase in line with inflation this year as ...
reut.rs/3VxUw2W
Poverty situation in Germany remains mixed: 2022 was the year of rapid inflation. However, according to the poverty report by the Paritätischer Gesamtverband ...
tagesschau.de/inland/gesellschaft/armut-inflation-100.html
As Inflation Skyrockets, Argentines Rely on Time-Tested Strategies: Between December and February, Argentina’s accumulated inflation topped 70% ...
globalpressjournal.com/americas/argentina/inflation-skyrockets-argentines-rely-time-tested-strategies/
Status Update: Bass Pro Shops’ Outdoor World finally has an opening day: The outfitter known for its cavernous shop for outdoor enthusiasts has been working ...
ocregister.com/2024/03/18/status-update-bass-pro-shops-outdoor-world-finally-has-an-opening-day/
Stock market today: Indexes slip again ahead of inflation data: Stocks logged another losing session on Tuesday, after closing lower in the prior two sessions ...
markets.businessinsider.com/news/stocks/stock-news-today-rally-fed-comments-pce-inflation-data-powell-2024-3
How a Trump presidency could threaten Biden’s signature climate achievement: Democrats’ sweeping Inflation Reduction Act (IRA) has fueled significant progress in ...
thehill.com/policy/energy-environment/4543117-trump-biden-inflation-reduction-act-hamper-climate-gains/
UK interest rates: Bank boss says cuts 'on the way': The Bank of England has kept the cost of borrowing at 5.25% for the fifth time in a row.
bbc.com/news/business-68618436
Walmart's new partnership will make Apple fans very happy: It's also at a price point you can't find anywhere else.
thestreet.com/technology/walmart-apple-m1-macbook-air-launch
Gold hits fifth record high in March on Fed rate-cut view: Gold prices on Thursday hit record highs for the fifth time this month after the U.S ...
reuters.com/markets/commodities/gold-sprints-record-high-fed-sticks-2024-rate-cut-view-2024-03-21/
Dollar weakens after Fed meeting, yen strengthens: The dollar weakened and the yen rebounded from near multi-decade lows on Wednesday after the Federal Reserve ...
reuters.com/markets/currencies/yen-flounders-near-four-month-low-fed-spotlight-2024-03-20/
Walmart Wants to Teach Store Managers Compassion: The retailer brings about 2,000 managers a year to its headquarters to discuss how to relate to workers and ...
nytimes.com/2024/03/12/business/walmart-manager-training.html
Rentals costing landlords up to $450 a week in top-ups: The five things you need to know about the housing market this week.
oneroof.co.nz/news/rentals-costing-landlords-up-to-450-a-week-in-top-ups-45221
New figures: Inflation at lowest level for years - also in Berlin: Thanks to cheaper energy, the inflation rate in Germany fell in March to its lowest level ...
berliner-zeitung.de/news/inflation-auf-tiefstem-stand-seit-2021-auch-in-berlin-li.2195624
Switzerland becomes first major economy to cut interest rates in surprise move: The Swiss National Bank surprised the market with a decision to lower its main ...
cnbc.com/2024/03/21/switzerland-becomes-first-major-economy-to-cut-interest-rates-in-surprise-move.html
Quick Glance: Swiss National Bank Surprises with Rate Cut
- The Swiss National Bank cut its main interest rate by 25 basis points to 1.50%, becoming the first major central bank to ease tighter monetary policy aimed at tackling inflation.
- The franc dropped following the decision, boosting the euro to its highest level against the Swiss currency since mid-July last year, with Swiss government bond yields also falling.
- Experts like Karsten Junius and Alexander Koch highlighted the significance of the rate cut due to low inflation rates and the strong franc, with expectations for more rate cuts.
- The decision was widely perceived as a surprise, leading to speculation about further rate cuts in June and September, as inflation forecasts were substantially revised downwards.
Germany's economy: Institutes drastically reduce growth forecast: Germany's leading economic institutes have reduced their growth expectations for the current ...
stern.de/wirtschaft/news/deutschlands-wirtschaft--institute-senken-wachstumsprognose-drastisch-34580142.html
Wall Street hits record closing highs on rate-cut optimism; chipmakers rally: Wall Street's three major stock indexes on Thursday registered record closing highs ...
reuters.com/markets/us/futures-gain-fed-sticks-rate-cut-projections-micron-rally-lifts-chipmakers-2024-03-21/
Yen hits 34-yr low ahead of key US inflation data: The yen dropped to its lowest level since 1990 on Wednesday before rebounding slightly after Japan's top ...
reuters.com/markets/currencies/dollar-steadies-yen-teeters-ahead-key-us-inflation-data-2024-03-27/
Australia survives sold out Taylor Swift shows without spike in inflation: Australia survived sold out Taylor Swift concerts in Sydney and Melbourne without a ...
reuters.com/world/asia-pacific/australia-inflation-holds-two-year-low-34-feb-2024-03-27/
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