Retail trade in Japan decreased by 1.2% in March compared to the previous month, according to a report by the Ministry of Economy, Trade and Industry published on Monday. The figure was lower than exp
Some real estate agents have been pretty busy over the past few weeks.
Shoppers had a more subdued month for retail spending in March after Taylor Swift concerts drove a flurry of sales activity in departments stores and the like in February. Retail sales slid 0.4 per cent in March, which followed a 0.2 per cent rise in February, and one per cent lift in January. The modest […]
Domino's has managed to buck a downbeat trend for eating out in the United States, with better returns on its loyalty program and fresh promotional offers drawing inflation-weary consumers to its pizzas and chicken wings. Domino's U.S. same-store sales rose 5.6% in the quarter, with CEO Russell Weiner saying that the company saw order growth across all income cohorts in the country. Domino's revamped its loyalty program in September last year and entered into a third-party delivery partnership...
The median price of an existing home sold in March was $393,500, up 4.8% from the year before.
OnePlus has angered retailers in India – the Organized Retailers Association (ORA) represents 4,300 brick and mortar stores and it announced that it would ban its members from selling OnePlus products from May 1. And this might be just the tip of the iceberg. The much larger All India Mobile Retailers Association (AIMRA), which represents more than 150,000 stores, is considering a similar ban. What did OnePlus do to upset store owners? The retailers accuse the phone maker of not supplying...
Samsung said on Tuesday that it expects the demand for chips and tech devices to remain strong throughout the year, driven by AI.The company reported an operating profit of 6.61 trillion won for the first quarter, a tenfold surge from a year earlier as its chip division returned to profitability after a severe downturn last year. Revenue also jumped 12.8% to 71.92 trillion won in the quarter, backed by strong sales of Galaxy S24 smartphones and increased prices of memory chips, Samsung...
Shares of Apple (AAPL) are down over 10% in 2024 as the tech giant has faced mounting challenges, including increased competition in China, where iPhone sales have dragged. As earnings season heats up, many on Wall Street are eyeing "Magnificent 7" tech stocks, which have led previous market rallies. Creative Strategies CEO and Principal Analyst Ben Bajarin joins Market Domination to discuss expectations for Apple's Thursday earnings report. Bajarin gives insight into key issues to pay attention...
An inflation measure closely watched by the Federal Reserve rose faster than expected in March as high prices continue to weigh on millions of Americans. The personal consumption expenditures index showed that consumer prices rose 0.3% from the previous month, according to the Labor Department, in line with expectations. On an annual basis, prices climbed 2.7% – higher than both the 2.6% forecast from LSEG economists and the 2.5% reading recorded the previous month. In another sign that progress...
Passenger-car sales in Europe fell 2.8% in March as automakers including Volkswagen AG and Stellantis NV faced weaker demand, particularly for electric vehicles.
For a few hundred dollars, you can now own one of San Francisco’s historic — and contentious — pieces of furniture. The century-old Castro Theatre is selling its iconic red orchestra seats, giving members of the public the rare opportunity to buy a single for $349 or a pair for $499, it announced. The burgundy chairs can either be picked up in San Francisco from May 20 to 24 or delivered within 60 miles of the theater. Proceeds go toward the theater’s nonprofit partners, Oasis Arts and the...
Existing home sales shrank in March as consumers respond to continuing price increases and rising mortgage rates. Sales for existing homes fell 4.3% in March compared to the previous month and 3.7% year-over-year, to an annual rate of 4.19 million, according to a press release from the National Association of Realtors (NAR). The average for a 30-year fixed-rate mortgage reached 7.10% this week, a substantial jump from 6.88% last week, depressing Americans’ desire to switch homes and possibly...