Editor’s Picks

Some Central Bankers Signal Support for Private Sector Digital Currencies Over CBDCs
Some Central Bankers Signal Support for Private Sector Digital Currencies Over CBDCs
July 26, 2022  |  CBDC

Conventional wisdom holds that, as digital currencies continue to evolve and as bitcoin and its brethren joust with the traditional banking system, central banks would...

READ MORE >
Albertsons Turns up ‘Sticky’ Digital Engagement Efforts as Shoppers Seek Deals on Groceries
Albertsons Turns up ‘Sticky’ Digital Engagement Efforts as Shoppers Seek Deals on Groceries
July 26, 2022  |  Earnings

In the face of rising food costs, grocers are challenged to find ways to assuage customers’ anxieties without overly narrowing their already razor-thin margins. To...

READ MORE >
Amazon to Raise Prime Subscription Price in Europe to Offset Inflation
Amazon to Raise Prime Subscription Price in Europe to Offset Inflation
July 26, 2022  |  Retail

In a bid to offset the increased cost of goods and shipping services, Amazon said it plans to raise the annual fee for a Prime...

READ MORE >
Amazon Seller Wallet Launches With Bank Transfers
Amazon Seller Wallet Launches With Bank Transfers
July 25, 2022  |  Amazon

Starting with “a select number of small businesses that sell on Amazon.com” the eCommerce giant is piloting a financial tool designed to help sellers convert,...

READ MORE >
Gap Pivots From C-Suite Shake-up to ‘Shock Drops’ for Yeezy
Gap Pivots From C-Suite Shake-up to ‘Shock Drops’ for Yeezy
July 25, 2022  |  Retail

In 1937, the “world’s greatest salesman,” Elmer Wheeler, shot to fame and fortune with a marketing book and quip “Don’t Sell the Steak — Sell...

READ MORE >
Inflation May Give Younger Consumers Pause Before Reaching for Their Cards
Inflation May Give Younger Consumers Pause Before Reaching for Their Cards
July 25, 2022  |  Consumer Finance

Inflation hits everyone, yes — and how they view their financial straits governs how they’ll spend in the near (and longer) term. And while all...

READ MORE >
Snap Earnings Spotlight Platforms’ Revenue Woes After Apple Privacy Switch
Snap Earnings Spotlight Platforms’ Revenue Woes After Apple Privacy Switch
July 23, 2022  |  Earnings

((Editor’s note: updates market loss info))    Call it the “Apple problem.” In Snap’s earnings results announced Thursday (July 21), the social media company recorded...

READ MORE >
How a Stablecoin’s $48B Collapse Rippled Across Crypto
How a Stablecoin’s $48B Collapse Rippled Across Crypto
July 22, 2022  |  Cryptocurrency

A Citi analyst said on July 21 that the contagion from a depegged stablecoin spreading eight- and nine-figure losses through the crypto lending and exchange...

READ MORE >
Inflation Brings Worries by the Truckload as Freight Demand Slows
Inflation Brings Worries by the Truckload as Freight Demand Slows
July 22, 2022  |  Earnings

Demand for freight transportation is slowing as consumers cope with rising inflation, executives at Knight-Swift Transportation Holdings said Wednesday (July 20) during the company’s quarterly...

READ MORE >