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What Walmart’s Earnings Are Teaching The World About The New American Consumer

What Walmart’s Earnings Are Teaching The World About The New American Consumer
What Walmart’s Earnings Are Teaching The World About The New American Consumer
May 19, 2020  |  Earnings

When the going gets tough, the tough go to Walmart. That’s one of the main takeaways to come out of Walmart’s first-quarter earnings release Tuesday (May...

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Warren Calls For Prosecution Of Bailout Program Fraudsters
Warren Calls For Prosecution Of Bailout Program Fraudsters
May 19, 2020  |  Legal & Regulation

U.S. Sen. Elizabeth Warren (D-Mass.) wants the Federal Reserve Bank to draw up stringent regulations for corporate recipients of U.S. bailout funds – and to...

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More PPP Forgiveness Guidelines Unveiled, But Clarity Remains Elusive
More PPP Forgiveness Guidelines Unveiled, But Clarity Remains Elusive
May 19, 2020  |  Loans

It’s no secret that the federal Paycheck Protection Program (PPP) has had a rocky few weeks since initially launching in early April. Get the Full...

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Brex Notches $150M To Advance Expense Management Tools
Brex Notches $150M To Advance Expense Management Tools
May 19, 2020  |  Investments

FinTech startup unicorn Brex has closed a $150 million funding round led by previous investor DST and new investor Lone Pine Capital, Brex said in...

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Kasikornbank To Offer Nium’s FinTech Payments Platform
Kasikornbank To Offer Nium’s FinTech Payments Platform
May 19, 2020  |  Cross-border Payments

FinTech payments platform Nium, based in Singapore, is expanding its global reach to service Kasikornbank’s Asia-Pacific customers in Indonesia, Korea, Malaysia, the Philippines and Vietnam. Get the...

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Digital Couponing Rises With The Digital Shift
Digital Couponing Rises With The Digital Shift
May 19, 2020  |  Retail

The digital shift will not have paper coupons. It remains to be seen if the pandemic and its hypervigilance about potential germs will wash what’s...

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Walmart Crushes Earnings; eCommerce Soars 74 Pct
Walmart Crushes Earnings; eCommerce Soars 74 Pct
May 19, 2020  |  Retail

Walmart announced its first-quarter earnings this morning (May 19), crushing even the highest expectations for in-store as well as eCommerce revenue. In-store comps were up...

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Pandemic-Led Shifts To eCommerce, Off-Premise Dining
Pandemic-Led Shifts To eCommerce, Off-Premise Dining
May 19, 2020  |  Today In Data

The pandemic has disrupted the lives of millions, yet not all areas of life have shut down. Consumers are engaging in many of the same activities as...

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