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    Economy

    73 posts
    • Economy

    FCC is investigating Disney and ABC for DEI initiatives

    • March 29, 2025
    • admin
    The Federal Communications Commission has alerted the Walt Disney Company and its ABC unit that it will begin an investigation into the diversity, equity and inclusion efforts at the media giant. The FCC,…
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    Lululemon shares drop 15% as CEO says inflation, economic concerns are weighing on spending

    • March 29, 2025
    • admin
    Lululemon beat Wall Street expectations for fiscal fourth-quarter earnings and revenue, but issued 2025 guidance that disappointed analysts. On an Thursday earnings call, CEO Calvin McDonald said the athleticwear company conducted…
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    Dollar Tree says it’s winning over higher-income shoppers and may offset tariffs with price hikes

    • March 28, 2025
    • admin
    Dollar Tree said Wednesday that it’s gaining market share with higher-income consumers and could raise prices on some products to offset President Donald Trump’s tariffs. The discount retailer’s CEO, Michael Creedon, said the…
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    • Economy

    Chinese tea chain Chagee files for U.S. initial public offering

    • March 28, 2025
    • admin
    Chinese tea chain Chagee filed for a U.S. initial public offering on Tuesday, seeking to trade on the Nasdaq using the ticker “CHA.” The IPO filing comes as the company…
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    • Economy

    Oil executives bluntly criticize Trump tariffs and ‘drill, baby, drill’ mantra

    • March 28, 2025
    • admin
    Oil executives are warning that President Donald Trump’s tariffs and “drill, baby, drill” message have created uncertainty in energy markets that is already affecting investment. The executives, shielded by anonymity, bluntly…
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    • Economy

    Affirm announces JPMorgan Chase merchants can now offer installment loans at checkout

    • March 27, 2025
    • admin
    Fintech lender Affirm said Tuesday that it’s reached an agreement with JPMorgan Chase to offer its buy now, pay later loan services to merchants on the bank’s payments network. U.S. merchants who use JPMorgan…
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    • Economy

    Berkshire Hathaway employee wins $1 million in Warren Buffett’s March Madness bracket challenge

    • March 27, 2025
    • admin
    For the first time in nearly 10 years, a Berkshire Hathaway employee claimed Warren Buffett’s $1 million grand prize for his company’s NCAA bracket contest. An anonymous employee from aviation training company FlightSafety…
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    • Economy

    ‘Eat now, pay later’? DoorDash-Klarna deal fuels concerns around loans for takeout

    • March 26, 2025
    • admin
    DoorDash and Klarna are joining forces to let users pay for meal deliveries with installment loans, calling it “essential to meeting our customers’ needs.” Not everyone sees it that way.…
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    Nvidia’s CEO did a Q&A with analysts. What he said and what Wall Street thinks about it.

    • March 25, 2025
    • admin
    Investors have closely watched Nvidia’s week-long GPU Technology Conference (GTC) for news and updates from the dominant maker of chips that power artificial intelligence applications. The event comes at a pivotal…
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    • Economy

    Klarna lands buy now, pay later deal with DoorDash, notching another win ahead of IPO

    • March 25, 2025
    • admin
    Klarna, the buy now, pay later lender that’s headed for an initial public offering, said on Thursday that it’s signed on DoorDash as a partner, another sign of momentum for public market investors.…
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