Editor’s Picks

Pandemic Boosts Internet Usage 25 Pct

Pandemic Boosts Internet Usage 25 Pct
Pandemic Boosts Internet Usage 25 Pct
August 16, 2020  |  Economy

The coronavirus has shifted Americans’ internet usage, The Wall Street Journal (WSJ) reported, with a 25 percent increase within a few days in March after...

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Canada’s Competition Bureau Probes Amazon
Canada’s Competition Bureau Probes Amazon
August 14, 2020  |  Amazon

The Competition Bureau of the Canadian government is probing Amazon to determine if its behavior on Amazon.ca is affecting competition “to the detriment of consumers...

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Dillard’s Drops For Q2; Report Shows Foot Traffic Falling In Sector
Dillard’s Drops For Q2; Report Shows Foot Traffic Falling In Sector
August 14, 2020  |  Retail

The department store segment had mixed news this week, as Dillard’s showed signs of recovery but a new report showed a reversal of some of...

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Brookfield Asset Management Raises A Record $23B
Brookfield Asset Management Raises A Record $23B
August 14, 2020  |  Retail

Alternative-asset manager Brookfield Asset Management said it raised a record $23 billion in Q2 and foresees speeding up the pace of investments in the wake...

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July Retail Sales Rise 1.2 Pct From June
July Retail Sales Rise 1.2 Pct From June
August 14, 2020  |  Retail

The U.S. Census Bureau reported estimated advanced U.S. retail and food services sales for July of $536 billion, marking a rise of 1.2 percent (±...

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Amazon Launches Online Pharmacy In Bengaluru, India
Amazon Launches Online Pharmacy In Bengaluru, India
August 14, 2020  |  Amazon

Amazon India has added an online pharmacy to its offerings in Bengaluru, one of the nation’s largest cities with a population of nearly 12 million....

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Mastercard Partners With Pollinate To Help Banks Serving SMBs
Mastercard Partners With Pollinate To Help Banks Serving SMBs
August 14, 2020  |  Mastercard

To provide banks serving small- to medium-sized businesses (SMBs) throughout the globe with the newest technology and insights, Mastercard and Pollinate have agreed to a...

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Fed Analysts Say Authenticating Digital Cash Can Be Difficult
Fed Analysts Say Authenticating Digital Cash Can Be Difficult
August 13, 2020  |  Cryptocurrency

A post from Liberty Street Economics, a research blog of the Federal Reserve Bank of New York, posited that the usual distinction between “token-based” and...

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