Trade wars are wars where injuries accrue cut by cut, tariff by tariff, slices taken off the top of GDP. But getting a bit granular, trade wars hit some business verticals (which of course make up GDP) harder than others. Get the Full Story Complete...
The headline numbers are these: The latest jobs report shows that 75,000 jobs were created in the United States last month. A slew of economists, as noted by Bloomberg, expected a gain of 175,000 jobs. Get the Full Story Complete the form to unlock this article...
Snap has seen its stock surge more than 180 percent since December — thanks to teenagers. When it comes to augmented reality, Pivotal Research Group Analyst Michael Levine said there are “increasing signs of momentum in the business on multiple fronts,” according to Bloomberg. In...
Uber shares closed 5 percent higher on Wednesday (June 5), trading above their initial public offering (IPO) price for the first time since their May 10 debut, according to a report by TechCrunch. Get the Full Story Complete the form to unlock this article and...
Apple stock was affected negatively on Monday (June 3) by news that the Department of Justice (DOJ) is considering an investigation into the tech giant, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
A Morgan Stanley analyst has cut the price target on Apple from $240 to $231 in a note to investors, according to a report by CNBC. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
A survey of British retailers by the Confederation of British Industry (CBI) said retailers were witnessing the poorest sales performance this month in 10 years, according to a report by Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
With more expensive pork prices potentially placing pressure on margins, BMO Capital Markets downgraded Chipotle Mexican Grill’s stock. The company’s stock tumbled 6 percent to $667.12 on the news and some industry observers are predicting a bumpy ride in the future even with initiatives like...
The job market may be strong and wages may be increasing, but scores of workers in the U.S. have little in the way of savings for retirement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...