[ad_1] Updated Dec. 14, 2023 10:38 am ET Consumers showed unexpected strength at the start of the holiday shopping season, suggesting Americans are well-positioned to support continued economic growth. Retail…
Tag: Sales Figures
What Cardboard Prices Tell Us About the State of the Economy
[ad_1] Cardboard prices are pointing to better times ahead. Producers are lifting prices for the thick paper used to make delivery boxes for the first time since the Federal Reserve…
WSJ News Exclusive | Hasbro Cutting 1,100 Jobs After Sluggish Toy Sales Persist Into Holidays
[ad_1] Updated Dec. 11, 2023 5:23 pm ET Hasbro is cutting nearly 20% of its workforce as weak sales for toys and games persist into the critical holiday shopping period. …
Why Treasury Auctions Have Wall Street on Edge
[ad_1] The U.S. Treasury prefers its debt sales to be humdrum affairs. Lately, they are sparking fireworks in markets. Scrutiny of Treasury auctions—whereby the government funds operations by selling the…
Broadcom’s Software Makeover Doesn’t Fully Mask Chip Swings
[ad_1] Broadcom Chief Executive Hock Tan isn’t someone who finds blowing money appetizing. But that $40,000 dinner seems to have gone down well. That was the reported cost for Tan…
Luxury Stores Are Bursting With Unsold Stuff
[ad_1] Fashionistas can smell blood. Luxury brands need to find ways to unload their growing pile of unsold stock without reeking of desperation. The luxury industry is slowing as shoppers sober…
$19 Billion in a Week: AbbVie Makes Two Big Bets
[ad_1] Early last week, AbbVie was on every healthcare investment banker’s list. But with two quick deal announcements under its belt in just six days, AbbVie may have transformed its…
China Auto Sales Continued Rising in November on Promotions, New-Energy Vehicle Sales
[ad_1] China’s vehicle sales continued rising in November, helped by sales of new-energy vehicles, clearance of fossil fuel cars and sales promotions. Retail sales of passenger cars in the world’s…
Shopping for Luxury Online Has Fallen Out of Fashion
[ad_1] Stocks that unite two of the world’s most successful industries, European luxury and American tech, might sound like winners. Instead, companies that sell luxury goods online have turned into…
Pfizer Warns 2024 Revenue Could Fall, Weighed Down by Soft Demand for Covid Products
[ad_1] Updated Dec. 13, 2023 10:16 am ET Pfizer shares tumbled Wednesday morning after the company said revenue could fall next year and issued 2024 guidance below analyst expectations. Shares…