Affirm & Amazon
Fintech newcomer Affirm (AFRM), a consumer lending company, on Friday announced a partnership with Amazon (AMZN). A limited number of Amazon customers will be able to make instalment payments of $50 or more th...
The US stock market on Friday
Trading ended Friday with gains in the oil and gas, commodities and financial sectors.
At the close of trading on the New York Stock Exchange, the Dow Jones gained 0.69%, the S&P 500 index rose 0.88%...
The US stock market on Tuesday
Tuesday's trading closed with gains in the oil and gas, commodities and consumer services sectors.
The Dow Jones rose 0.09%, the S&P 500 rose 0.15% and the NASDAQ Composite rose 0.52% at the close of tra...
E-commerce tech
Chief Executive Officer Doug McMillon is interested in expanding his company's revenue streams beyond its core retail business.
As early as Wednesday, small and medium-sized retailers will be able to buy technology that Walmart has ...
New York Stock Exchange premarket
Shares in Boeing (NYSE:BA) are up 0.5% following the US and EU decision to end a 17-year dispute over aircraft subsidies for Boeing and its rival Airbus.
Biogen (NASDAQ: BIIB) shares were down 0.3% following a fail...
Walmart's report
Walmart, the biggest US supermarket chain focused on home goods, posted stronger results from February to April than analysts had expected. Shares rise before the opening of trading on Tuesday.
The biggest US retailers reported the...
US stock market
The US stock market ended Saturday's trading multidirectional due to strengthening of consumer services, technology and healthcare sectors. The market is performing on the back of negative momentum from the financials, industrials an...
Walmart and Q4 earnings
Walmart shares fell on Thursday after the company reported lower revenues and profits than analysts' estimates, and gave a forecast of lower sales and profits due to rising wages and capital expenditure on the e-commerce...
On the eve of Thanksgiving
Surveys in the US show that 57% of consumers may not go to physical shops this Black Friday due to the risk of COVID-19 contamination. This could i...
Shares of Target
American retailer Target Corp (NYSE:TGT) reported quarterly profits on Wednesday, which were higher than forecast thanks to the growth in online sales due to fast delivery.
The company's shares gr...
The stock market declined
US retail sales in October increased by 0.3 percent compared to the previous month. The rate of increase was the lowest in the last six months.
Chairman of the Federal Reserve Bank (FRB) Atlanta Raphael Bostic said: "...
Walmart is growing again
The trend of online sales continued in Q3 with sales in the USA increasing by 79%.
The CEO of Walmart Doug McMilon said: "This was another good quarter. We believe this new customer behaviour will c...
TikTok business
The Committee on Foreign Investment in the United States (CFIUS) has postponed the deadline for Chinese ByteDance (BD) to sell U.S. transactions of its popular short video-sharing service TikTok for another 15 days, The Wall Street J...
Precautions from Walmart
Such precautions are necessary to make sure that it does not exceed the capacity limit, as coronavirus cases are skyrocketing at record speed across the country.
Starting in April, Walmart limits the number of people in its...
Supermarket employees forced to work through the pandemic are now facing threats to their “hero pay” even as ornery customers refuse to wear masks while they shop.
Employee frustrations could soon reach a boiling point as the l...
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