The headquarters of Alibaba Group Holdings Ltd. will be lit at night ahead of the annual November 11 Singles’ Day online shopping event in Hangzhou, China, on Sunday, November 10, 2019. Qilai Shen | Bloomberg | Getty Images The post-coronavirus retail industry will benefit greatly from the online shopping trends …
Read More »Stock futures tick lower after the Fed highlights economic uncertainty
A man walks through the subway sign on Wall Street on March 23, 2020 in New York City. Angela Weiss | AFP | Getty Images Futures contracts tied with major U.S. stock indices ticked lower at the start of extended trading Wednesday night. Dow Jones futures hit 4 points at …
Read More »Victoria’s Secret Parent L Brands (LB) reports Q2 2020 revenue
A woman wearing a protective mask passes a homeless person during the coronavirus pandemic on May 12, 2020 in New York City. John Lamparski | Getty Images Victoria’s Secret owner L Brands posted a surprise profit and better-than-expected turnover in the last quarter, sending its shares higher in the aftermarket …
Read More »Towards $ 2 trillion, Apple became a market for itself for investors looking for growth and income
People are usually standing outside the Apple store on Fifth Avenue when New York City enters Phase 2 from reopening following restrictions imposed on the conversion of the coronavirus pandemic on June 30, 2020. Noam Galai | Getty Images Apple is one of the big tech engines pulling the market …
Read More »Officials expect coronavirus to weigh heavily on the economy
The Federal Open Market Commission raised concerns at its recent meeting on the future of the economy, saying the coronavirus is likely to continue to stunt growth and pose potential dangers to the financial system. At the July 28-29 session, the Federal Reserve’s policy-making arm voted to keep short-term interest …
Read More »