COVID

Estée Lauder Lowers Outlook but Continues to Bet Big on Chinese Market 

Estée Lauder Lowers Outlook but Continues to Bet Big on Chinese Market 
Estée Lauder Lowers Outlook but Continues to Bet Big on Chinese Market 
May 04, 2023  |  Retail

Despite lowering its sales outlook for the third straight quarter due to a slower-than-expected recovery in Asia, cosmetics company Estée Lauder remains optimistic about the...

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Temu Parent’s Merchandise Sales Fall 29% Amid China’s Slow Recovery
Temu Parent’s Merchandise Sales Fall 29% Amid China’s Slow Recovery
March 20, 2023  |  Retail

China’s PDD Holdings is the latest company feeling the effects of the country’s COVID recovery. Get the Full Story Complete the form to unlock this article and...

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American Companies Like Starbucks, Ralph Lauren Bet on China’s Post-COVID Recovery
American Companies Like Starbucks, Ralph Lauren Bet on China’s Post-COVID Recovery
February 26, 2023  |  Investments

American companies in several industries are banking on increased post-pandemic consumer demand from China. Get the Full Story Complete the form to unlock this article...

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Boston Fed Study Ties Kids to Consumption During Economic Downturns
Boston Fed Study Ties Kids to Consumption During Economic Downturns
December 06, 2022  |  Economy

Despite the holiday cheer, American consumers are growing increasingly anxious about the economy. Get the Full Story Complete the form to unlock this article and...

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Apple: COVID Has Slowed iPhone 14 Shipments
Apple: COVID Has Slowed iPhone 14 Shipments
November 07, 2022  |  Apple

One week after reports that China’s COVID outbreak was hampering production on Apple’s iPhone 14, the company made it official. Get the Full Story Complete...

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Peloton Co-Founders Foley, Kushi Step Down From Company Roles
Peloton Co-Founders Foley, Kushi Step Down From Company Roles
September 12, 2022  |  Fitness

Chairman John Foley and chief legal officer Hisao Kushi are stepping down from Peloton as the down-and-out maker of exercise equipment they both helped to...

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Fauci: US COVID Infections Could Go Up
Fauci: US COVID Infections Could Go Up
March 20, 2022  |  Coronavirus

There could be a rise in COVID-19 cases in the U.S., though according to Dr. Anthony Fauci it’s not likely to prompt a renewal of...

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Economists Say 68 Pct Of Unemployed Workers Collected More Than Their Regular Wages
Economists Say 68 Pct Of Unemployed Workers Collected More Than Their Regular Wages
July 12, 2020  |  Economy

In three weeks, the $600 federal jobless benefit that has been added to the state’s unemployment checks will end. Get the Full Story Complete the...

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Labor Secretary: $600 Unemployment Payouts No Longer Needed
Labor Secretary: $600 Unemployment Payouts No Longer Needed
July 05, 2020  |  Economy

Laid-off workers collecting federal unemployment benefits got some disappointing news from the nation’s U.S. Labor Secretary Sunday (July 5). Get the Full Story Complete the...

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