News of New York

Massive Company Stock Sell-Off: Bezos, Black, Dimon, Walton Family Cash Out $11 Billion
28 February 2024
4688
Inside the Billionaire Exodus As the market scales dizzying heights, a wave of high-profile figures is seizing the opportunity to offload hefty chunks of their company shares. From tech titans to financial moguls, the sell-off frenzy is hitting head...
IKEA's $1.1 Billion Strategy: Slashing Prices Amid Global Deflation for Crisis Resilience
29 November 2023
3542
The IKEA Effect For those accustomed to frequent shopping, the recent years may have involved skillful navigation through store aisles and bracing for potential price increases on beloved items like sandwiches, eggs, or home decor. Encouragingly, a ...
Walmart Store Closures Drive Increased Demand for Dollar Stores
2 June 2023
3874
Walmart's Surprising Shutdown Walmart's closure of multiple stores, including the Neighborhood Market in Overland Park, reflects the evolving retail industry. This article examines the reasons behind these closures and the impact of changi...
The Perception Problem: How Grocery Retailers are Fighting to Keep Customers
26 April 2023
3876
The grocery perception problem Perception is a powerful force, and in the world of grocery retail, it can drive customers away from even the biggest national and regional chains. You've probably heard it from friends and family: complaints about how...
US stock market falls in early trading
15 August 2022
4914
Trading at the beginning of the week US stock indices are showing a slight decline at the start of trading on Monday after a strong rise on Friday and all of last week's results. The Dow Jones Industrial Average index was down 5.52 points (0.02%) a...
Upcoming week: company reports and economic data
15 May 2022
3980
Schedule for the week ahead Stocks rose at the end of a turbulent week, getting a boost from Federal Reserve Chairman Jerome Powell, who assured that more rate hikes are not yet on the table, even after the release of still serio...
The US stock market closed lower on Friday: Key indices down
7 May 2022
3793
Stock market before the weekend The US stock market ended Friday's trading lower on the back of negative momentum from the consumer services, commodities and technology sectors. The Dow Jones was down 0.30 per cent at the close on the New York Stoc...
After Fed comments: stocks are down on Thursday
7 April 2022
3644
Thursday's start of trading US stock indices declined on Thursday after details of last year's Federal Reserve meeting revealed that the central bank plans to act aggressively to fight inflation. The Dow Jones index fell more than 250 points to 34...
Trading on US stock exchanges closed with declines in key indices on Wednesday
7 April 2022
3656
Corporate shares after the close of trading The NYSE closed Wednesday with key indices down 0.4-2.2 per cent on the back of the US Federal Reserve's (Fed) announcement that it is ready to raise interest rates by 50 basis points at once to combat inf...
Key indices on the New York Stock Exchange change in different directions on Tuesday
5 April 2022
3505
Trading opened Key indices on the New York Stock Exchange on Tuesday morning are changing in different directions. The Dow Jones Industrial Average rose 105.50 points (0.30%) to 35,027.38 in the first minutes of trading. The S&P 500 index gain...
US stock exchanges closed on Wednesday with declines in key indices
31 March 2022
3479
After the close of trading The NYSE closed Wednesday with a decline in key indices on the back of higher oil prices. The Dow Jones Industrial Average fell 65.38 points (0.19%) to 35,228.81. The S&P 500 index lost 29.15 points (0.63%) to 4,602....
Stocks recover as oil prices fall
18 February 2022
3763
Market today US stock futures are trading higher on Friday, offsetting losses after falling on Thursday on escalating fears over a possible Russian invasion of Ukraine. Major futures indices are expected to be up 0.5 per cent when the first bell ri...
Report from Walmart: the company's earnings and shares
18 February 2022
3581
Retailer's report Walmart (WMT) shares on Thursday posted their biggest daily gain since 1 September 2020. Shares in the company, well behind market growth in 2021 but showing a smaller decline since the start of 2022, jumped 4% on Thursday&nb...
This week: Company reports and economic data
14 February 2022
3699
Earnings this week This week's market calendar includes financial reports from Nvidia, Walmart, Airbnb, Shopify and others. Investors will look forward to industrial inflation data, US retail sales r...
Shop workers contacted to customers on Black Friday
25 November 2021
3879
Black Friday shopping Customers to know that US retail, and mall workers do not control pricing, hiring or global supply chains. "Many angry customers arrive in the morning," said Williams-Sonoma, manager of Crossgate Shopping Center in Albany. N.Y...
Walmart's fall in shares doesn't match the strong report and forecast
19 November 2021
4169
No one was expecting a fall Walmart (WMT) shares fell sharply on Tuesday, despite a strong Q3 report and higher annual sales and profit forecasts. While investors worry about inflation and supply issues, Walmart says it...
Shares rise after Boeing order boosts Dow Jones index
15 November 2021
4569
US stock futures showed gains on Monday As major indices hit record highs after Boeing's gains boosted the Dow Jones index, US stock futures rose early in the week. Dow Jones Industrial Average futures were up 104 points, or 0.2...
Stock market this week: reports from Home Depot, Nvidia and Walmart
15 November 2021
4408
Schedule for the week Investors in the US stock market this week will be treated to important economic data on US retail sales for October. Nvidia (NVDA), Alibaba (BABA), Li Auto (LI), Lucid (LCID), Walmart (WMT), Home Depot (HD) and others will rel...
Costco struggles with rivals
15 September 2021
4184
At Costco, the number of visitors exceeds pre-pandemic levels In recent months, customers have returned to warehouse clubs at levels above pre-pandemic levels and Costco has shown overwhelming strength in terms of market share, a new report reveals....
Amazon delivery may become a separate enterprise
6 September 2021
3971
Amazon's delivery business is close to becoming a separate enterprise Amazon's logistics business has now grown to the size of a separate company that provides delivery services to other companies. Amazon is a growing competitive threat to FedEx and...
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