Tencent sign is seen at the World Artificial Intelligence Conference (WAIC) in Shanghai, China July 6, 2023. Aly Song | Reuters BEIJING — Corporate earnings releases are picking up on a few bright spots for China’s consumer in a competitive market where people are less willing to open their wallets. JD.com, Tencent and Alibaba this
Month: August 2023
Koron | Moment | Getty Images Samantha Costanza went on a first date with a man she’d met on a dating app in January 2022. They got to know each other as they both sipped on hot cider because of the cold at the Brooklyn, New York, bar where they’d agreed to meet. When it
The end of the payment pause means Americans in this age group will once again have to juggle paying off debt while trying to save for older age. As Generation X comes within shouting distance of retirement, with its oldest members just four years shy of the age at which they can begin drawing Social
A residential complex constructed by Evergrande in Huai’an, Jiangsu, China, on July 20, 2023. Future Publishing | Future Publishing | Getty Images China’s heavily indebted property developer Evergrande group on Thursday filed for Chapter 15 bankruptcy protection in a U.S. court. In a filing to the Manhattan bankruptcy court, the firm sought recognition of restructuring
In this article WMT TGT Follow your favorite stocksCREATE FREE ACCOUNT (L) A customer pushes a shopping cart full of groceries outside a Wal-Mart n Rogers, Arkansas, and (R) A pedestrian passes a Target store in the Tenleytown neighborhood of Washington, DC. Getty Images Target and Walmart are both catering to thriftier shoppers, but the
The Adyen logo displayed on a smartphone. Rafael Henrique | SOPA Images | LightRocket via Getty Images Shares of Adyen, the European payments giant taking on U.S. titan Stripe, fell nearly 28% on Thursday after the company reported worse-than-expected sales and a profit drop in the first half of the year. Here’s how the company
Aerial photo shows a rural residential area in Chengdong town of Hai ‘an City, East China’s Jiangsu Province, April 1, 2023. Future Publishing | Future Publishing | Getty Images China’s real estate troubles are accelerating. Prospective home buyers are holding back on making purchases, leading to weak sales that compound the urgent need for policymakers
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Peopleimages | Istock | Getty Images While many young couples may hope to tie the knot one day, some are spooked by high costs. Some three-quarters, or 75%, of Gen Z and millennial couples said it’s too expensive to get married in the current economy, according to a survey by the Thriving Center of Psychology. The
In this article STLA GM F Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers members on strike picket outside General Motors’ Detroit-Hamtramck Assembly plant in Detroit with Sen. Bernie Sanders, of Vermont, far left, Sept. 25, 2019. Michael Wayland | CNBC DETROIT – If the United Auto Workers union decides to strike against Detroit’s
In this article WMT Follow your favorite stocksCREATE FREE ACCOUNT Atchison, Kansas. Walmart store logo with gardening products for sale. (Photo by: Michael Siluk/UCG/Universal Images Group via Getty Images) Ucg | Universal Images Group | Getty Images Walmart will report fiscal second-quarter earnings before the bell on Thursday, as the discounter tries to capitalize on
A CVS pharmacy in Bloomsburg, Pennsylvania. Paul Weaver | LightRocket | Getty Images Check out the companies making headlines during midday trading Thursday. Cisco Systems — Shares of the computer networking giant added 4% after reporting earnings postmarket Wednesday that beat Wall Street’s expectations. Adjusted earnings per share for its fiscal fourth quarter came in
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