The upcoming CPI data is predicted to keep the Federal Reserve from making any interest rate hikes. If everything goes according to expectations, bond yields will continue to decrease, fueling the end-of-year equity rally theory. Bank of America’s latest forecast suggests that most investors anticipate the 2024 investment playbook to revolve around a Federal Reserve …
In 2023, Veterans Day is scheduled to land on a Saturday, creating potential uncertainty for many individuals. This specific holiday is typically observed on November 11 and is a federal and bank holiday, causing confusion and difficulty planning. The good news is that most retail stores will remain open, excluding some small businesses that may …
Amazon’s October Prime Day two-day sales ended on a high note, with the e-commerce giant reporting that this year’s holiday kick-off event “outpaced last year’s.” However, it fell short of July’s Prime Day record-breaking $13 billion. Don’t expect the Fed to help your investment in Amazon “Prime Big Deal Days was a strong start to …
According to data analytics firm Numerator, Amazon’s two-day October Prime Day sales may surpass last year’s Cyber Monday sales. Check out the Numerator report here. Don’t expect the Fed to help your investment in Amazon Around one third of US households are expected to participate in the October 10-11 sale, with a preference for purchasing …
Sourdough bread may hold the key to preventing malls from going stale. A recent economic report suggests that The Cheesecake Factory, a well-known chain restaurant, acts as a vital anchor for many shopping centers across the nation. According to financial analyst Matt Reidy, malls containing a Cheesecake Factory have an impressive 93% loan payment rate, …
Did you know that at the Walmart Supercenter in Secaucus, New Jersey, around 750 employees have been utilizing artificial intelligence (AI) every day for the past few years? These retail workers make use of an AI and augmented-reality app to efficiently assess inventory needs, thereby reducing unnecessary trips between store aisles and the backroom. According …
The retail leasing scene, excluding restaurants, is a complex one that defies easy generalizations, making it difficult to analyze. Brokers and analysts often find themselves frustrated with retail data from brokerages and the Real Estate Board of New York due to these challenges. While we acknowledge the effort that goes into their research, the problem …
Elon Musk has weighed in on the recent wave of looting in Philadelphia, comparing it to scenes from the movie Joker and suggesting that “America is going full Joker.” Musk referred to an amateur video showing a group of young people stealing and vandalizing retail shops including Apple, Lululemon, and Foot Locker in the City …
Apple CEO Tim Cook made a surprise appearance in New York City to greet a enthusiastic crowd of gadget enthusiasts during the official launch of the iPhone 15. The store locations worldwide experienced long lines as customers eagerly awaited the release of the new iPhone. Cook welcomed the customers who had queued up outside Apple’s …
Instacart, the popular grocery-delivery company, made its debut on the Nasdaq stock exchange on September 19, listing at $30 per share under the ticker symbol CART. During early trading, the stock rose to $42. Although Instacart’s IPO valued the company at $10 billion, this was a significant drop from its $39 billion valuation in 2019. …