Revitalizing Tupperware: How Tupperware’s New Woman CEO Can Revive the Ailing Business

Tupperware, the renowned food container giant, has announced Laurie Ann Goldman as its new CEO, president, and director. Previously recognized for her exceptional 12-year tenure as the CEO of Spanx, Goldman is credited with transforming the shapewear startup into a successful global omnichannel retailer, reaching unicorn status with a valuation of $1 billion. The news …

Read more

Possible Revision to Triple Lock Formulas Raises Concerns for Pensioners Awaiting Anticipated £902 Boost in April

Pensioners Brace for Disappointment as Officials Consider Adjusting Triple Lock Calculations In a potential blow to pensioners, the expected £902 annual increase they were anticipating from April next year may not materialize. Whitehall officials are contemplating tweaking the figures used to calculate the state pension boost. The “triple lock” pledge currently guarantees a rise in …

Read more

Surging Retail Sales Trigger Record-Breaking Two-Year Treasury Yield, Reaching a 17-Year Peak

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, hand-picks her favorite stories every week in this exclusive newsletter. Short-term Treasury yields reached a 17-year high on Tuesday following robust US retail sales data, sparking a global bond rout. Surging 0.09 percentage points to 5.20%, the two-year Treasury yield, which reflects expected …

Read more

FBI Reports Rise in Senior-Targeting ‘Phantom Hacker’ Scams: Stay Informed!

South_agency | E+ | Getty Images There has been a significant increase in nationwide “phantom hacker” scams targeting senior citizens, resulting in the loss of their entire bank accounts, savings, retirement or investment accounts, according to the FBI. These scams, which have evolved from tech support scams, are a form of cybercrime that poses a …

Read more

Bitcoin’s Price Skyrockets, Plunges Due to False Social Media Post

The world perhaps didn’t anticipate yet another demonstration of the unpredictability of cryptocurrency, but it was presented with one on Monday. In a matter of minutes, the price of bitcoin surged by around 10% to nearly $30,000, all due to a fake news report, as reported by Insider. However, the gains were quickly lost when …

Read more

Surprising Surge: September Retail Sales Skyrocket by 0.7%, Defying Expectations

Consumers displayed unexpected strength in September, surpassing expectations by boosting retail sales despite concerns about a weakening economy and high interest rates. According to the advance report released by the Commerce Department on Tuesday, retail sales increased by 0.7% on the month, exceeding the estimated 0.3% growth predicted by Dow Jones. The rise in sales …

Read more