Editor’s Picks

Inflation Redefines ‘Value’ at McDonald’s, Other Fast Food Chains
Inflation Redefines ‘Value’ at McDonald’s, Other Fast Food Chains
July 28, 2022  |  Economy

If a value menu deal seems too good to be true, there is a good chance that the restaurant agrees — as food prices continue...

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Retail Forecast Cuts Mount as Consumer Worries About Inflation, Recession Intensify
Retail Forecast Cuts Mount as Consumer Worries About Inflation, Recession Intensify
July 28, 2022  |  Retail

It has been said that there’s no hiding from inflation. The effect of increasing prices and the subsequent loss of purchasing power is so unavoidable...

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Virtual Reality Hits Economic Reality as Meta Posts First-Ever Sales Decline
Virtual Reality Hits Economic Reality as Meta Posts First-Ever Sales Decline
July 27, 2022  |  Earnings

Just nine months into its new life as Meta Platforms and the social media giant’s money-losing pivot to the metaverse and augmented reality has slammed...

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LendingClub Says Consumer Stress Driving Increase in Credit Card Balances and Demand for Loans
LendingClub Says Consumer Stress Driving Increase in Credit Card Balances and Demand for Loans
July 27, 2022  |  Earnings

LendingClub’s transition to a digital banking model proceeds apace, but its core consumer loan business continues to gain traction in an inflationary environment, where maintaining...

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Alphabet and Visa’s Earnings Spotlight Real-Time Payments, Digital Wallet Traction
Alphabet and Visa’s Earnings Spotlight Real-Time Payments, Digital Wallet Traction
July 27, 2022  |  Payment Methods

As always, earnings season brings with it a chance to review corporate strategy well beyond the headlines of revenues and earnings. Big Tech firms, of...

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CFPB’s Chopra Warns About Real-Time Crypto Payments
CFPB’s Chopra Warns About Real-Time Crypto Payments
July 27, 2022  |  Cryptocurrency

The entry of cryptocurrencies into the real-time payments market is a big concern for the Consumer Financial Protection Bureau, its director said. In discussing a...

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Cathie Woods’ Ark Jumps Ship as Coinbase’s SEC Woes Threaten Crypto Payments
Cathie Woods’ Ark Jumps Ship as Coinbase’s SEC Woes Threaten Crypto Payments
July 27, 2022  |  Cryptocurrency

Nasdaq-listed cryptocurrency exchange Coinbase’s troubles have been growing for some time as its stock price followed earnings off a cliff in Q1, a massive round...

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LVMH Q2 Focused on Managing Demand for Luxury Goods Instead of Being Economists
LVMH Q2 Focused on Managing Demand for Luxury Goods Instead of Being Economists
July 27, 2022  |  Retail

In a year where most consumers have experienced growing financial stress and had to alter their spending habits in the face of rampant inflation, the...

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Alphabet’s Pichai Says AI to Power New Wave of Growth for Google Search
Alphabet’s Pichai Says AI to Power New Wave of Growth for Google Search
July 27, 2022  |  Earnings

If you had to pick one personality trait that you’d most want to see in a pilot, it might likely be the ability to remain...

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