U.S. household debt levels have risen to $17.8 trillion this year, with credit card debt comprising over $1 trillion of the total. Americans are battling untenable levels of debt, and many are facing a shaky Read more…
The luxury fashion retail industry has faced many of the same challenges this year as other industries, which include dealing with inflation, rising interest rates, and the lingering effects from the Covid-19 pandemic. Retail businesses Read more…
Target (TGT) CEO Brian Cornell has subtly addressed one of the biggest complaints from consumers nationwide. Amid record inflation, consumer prices have increased by almost 21% since February 2020, according to a recent Bankrate analysis. Read more…
During an appearance at the Bernstein Annual Strategic Decisions Conference in May, Ford CEO Jim Farley eagerly shared a mobility solution he envisioned as appropriate for the American auto market. Fresh off a 10-day trip to Read more…
It seems like a Latin American online shopping company has unlocked the secret to becoming an online retail giant. MercadoLibre (MELI) is a Uruguay-based commerce and financial services company that has been serving Latin American Read more…
Hard times will always reveal true friends, as the saying goes, and Sridhar Ramaswamy can certainly attest to that. The chief executive of Snowflake (SNOW) has seen some awfully rough days after the cloud-storage and Read more…
Nothing CEO Carl Pei has a harsh wake-up call for his employees who work remotely, which is sparking controversy on social media. In a message, which was posted on LinkedIn on Aug. 19, the CEO Read more…
The first idea that springs to mind when thinking about Stellantis’ (STLA) Dodge brand is its rich history of producing performance cars alongside a lineup of ‘pedestrian’ vehicles. Up until the 2023 model year, the Read more…
Transcript: Conway Gittens: I’m Conway Gittens reporting from the New York Stock Exchange. Here’s what we’re watching on TheStreet today. Wall Street took a cautious tone ahead of a Friday speech by Federal Reserve chair Jerome Read more…
Now may not be the best time to buy stocks, with the S&P 500 trading within 2% of its July 16 record high. Valuations are stretched. The S&P 500’s forward price-earnings ratio was 21 as Read more…