Costco’s holiday-season sales jump was not just about food, analyst says
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Target says its holiday sales were better than expected — but its profits weren't
The big-box retailer's report indicates that deals and promotional events motivated shoppers.CNBC - 8h -
Shares of Cartier owner Richemont jump 16% as sales rise in December quarter
Cartier owner Richemont on Thursday reported a 10% increase in third quarter sales even as China demand weighed.CNBC - 8h -
Retail sales point to a robust holiday shopping season. U.S. economy starts off 2025 with some momentum.
Retail sales rose at a solid pace in the final month of 2024, capping off a good holiday shopping season and suggesting the economy entered the new year with some momentum.MarketWatch - 11h -
Lululemon’s stock jumps as strong holiday sales show demand is improving
Lululemon’s stock rallies toward a 10-month high after guidance for profit, revenue and gross margin were raised.MarketWatch - 3d -
Nordstrom raises sales outlook after holiday season was better than feared
CEO Erik Nordstrom credited the company's "efforts to remain competitive in the promotional environment and the strength of our offering."CNBC - 6d -
McDonald’s new McValue menu foreshadows cheaper fast food elsewhere — and more struggles for chains, analysts say
After fast-food chains tried to win over inflation-weary customers with discounts last year, McDonald’s Corp. kicked off 2025 with yet another deal, launching its new “McValue” menu intended to ...MarketWatch - Jan. 8 -
A tree is just for Christmas, not for dinner, Belgian food agency warns
Message came after northern city of Ghent posted tips for recycling the conifer as a dish. At a time when most people have probably polished off their holiday leftovers, Belgium’s food agency has ...The Guardian - Jan. 7 -
Why this analyst isn’t worried about Tesla’s deliveries miss
Tesla has “a generational set of growth opportunities ahead,” according to Canaccord Genuity.MarketWatch - Jan. 3
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Small-cap ETFs went on a wild ride. Can they regain momentum after Trump takes office?
Small-cap ETFs have been on a roller-coaster ride in the first two weeks of the new year.MarketWatch - 1h -
Why ’Succession’-style ‘quiet luxury’ may need to go away to revive luxury goods
Winning back shoppers and reviving the luxury-goods industry’s sales will depend in part on ditching the plain, understated tones of the “quiet luxury” trend, BofA analysts said.MarketWatch - 1h -
Most mutual funds don’t beat the market — but what’s ‘the market’ anyway?
The S&P 500 is a high bar for fund managers. The Dow? Not as much.MarketWatch - 1h -
The ‘January defect’ could slam stocks if buyers don’t step up quick
For the bulls to reassert control, the S&P 500 would have to rally to all-time highs.MarketWatch - 1h -
Is Trump’s bitcoin embrace the biggest ‘pump-and-dump’ ever?
The U.S. government buying bitcoin at inflated prices would do nothing to pay off America’s debt.MarketWatch - 2h
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China economy live: 2024 GDP forecast to hit 5% target
Financial Times - 26m -
SpaceX's Starship rocket breaks up after launch, flights divert after FAA debris warning
SpaceX launched the seventh test flight of its Starship rocket on Thursday.CNBC - 27m -
Small-cap ETFs went on a wild ride. Can they regain momentum after Trump takes office?
Small-cap ETFs have been on a roller-coaster ride in the first two weeks of the new year.MarketWatch - 1h -
Top Supreme Court lawyer charged with tax evasion related to poker winnings
Lawyer Tom Goldstein co-founded SCOTUSblog, which chronicles Supreme Court cases. He has appeared dozens of times before the high court.CNBC - 1h -
Snap shares drop as FTC refers MyAI chatbot complaint to the DOJ
Snap shares closed down 5% on Thursday after the Federal Trade Commission said it would refer a complaint against the company to the Department of Justice.CNBC - 1h