market conditions

Digital Bank Chime to Cut 12% of Staff
Digital Bank Chime to Cut 12% of Staff
November 02, 2022  |  Personnel

Digital bank Chime is cutting staff in what it says is a move to ensure the long-term success of the company. “Today we made the...

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Report: Chobani Says Market Conditions Caused Withdrawal of IPO
Report: Chobani Says Market Conditions Caused Withdrawal of IPO
September 02, 2022  |  IPO

After announcing in March that it was delaying its planned initial public offering (IPO), yogurt company Chobani announced Friday (Sept. 2) that it is withdrawing...

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Consumer Spending Surges as Inflation Eats Away at Household Budgets
Consumer Spending Surges as Inflation Eats Away at Household Budgets
July 29, 2022  |  Economy

Consumer spending climbed 1.1% in June with higher fuel and food costs amid 40-year record high inflation that is continuing to eat away at paychecks...

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Bitcoin’s Rebound — Dead Cat Bounce or Sign of 9 Lives?
Bitcoin’s Rebound — Dead Cat Bounce or Sign of 9 Lives?
July 22, 2022  |  Bitcoin

For the first time since mid-June, bitcoin is on track to close out a week without dipping below the psychologically vital $20,000 mark, and spent...

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Funds Eye $1T in Fresh Capital Despite Market Uncertainty
Funds Eye $1T in Fresh Capital Despite Market Uncertainty
July 18, 2022  |  Investments

Private-equity firms are on the hunt for funding, turning up the competition during market and economic uncertainty and an overall lean time for new deals....

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Tough Rental Market Sees More Digital Payments, Cash Back, Discounts
Tough Rental Market Sees More Digital Payments, Cash Back, Discounts
July 11, 2022  |  Real Estate

A convergence of economic factors is creating the toughest market for renters — both residential and small business — in at least 20 years, and...

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The Quick Seems Dead as Ultrafast Grocers Retreat En Masse
The Quick Seems Dead as Ultrafast Grocers Retreat En Masse
July 11, 2022  |  Delivery

It appears that the ultrafast grocery boom was short-lived. There have always been skeptics, but last year, it seemed to many that 10- and 15-minute...

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Mastercard SpendingPulse: US Retail Sales Up 9.5% YoY in June
Mastercard SpendingPulse: US Retail Sales Up 9.5% YoY in June
July 07, 2022  |  Retail

As prices continue to spike for essential items and shoppers continue to treat themselves with more leisure-based spending than they did during the height of...

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Today in Retail: TikTok Dumps Livestream Shopping Expansion Plans; Amazon Part of UK Antitrust Probe Because of Sales Practices
Today in Retail: TikTok Dumps Livestream Shopping Expansion Plans; Amazon Part of UK Antitrust Probe...
July 06, 2022  |  Retail

Today in retail, retailers look to diversify their suppliers as a recession looms on the economic horizon, while Target kicks off its back-to-school shopping season...

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