U.S. retail sales increased by 0.2% in February, slower than the expected 0.6% rise, according to the Commerce Department’s advanced reading. Excluding autos, sales rose 0.3%, meeting expectations. […]
Uncategorized
Posted on:
PepsiCo Acquires Prebiotic Soda Brand Poppi for Nearly $2 Billion
PepsiCo has acquired the prebiotic soda brand Poppi for nearly $2 billion, boosting its presence in the healthy drinks category as price hikes weigh on demand for its […]
Banks
Posted on:
Forever 21 Files for Bankruptcy Again
Forever 21 will continue operating its website and stores while winding down operations and seeking a buyer for some or all of its assets, according to a statement […]
Markets
Posted on:
Global Markets React to Trump’s Tariff Plans
BANGKOK (AP) — Global markets displayed mixed reactions as shares rose in Europe and Asia, while U.S. futures declined following U.S. President Donald Trump’s announcement that he would […]
Uncategorized
Posted on:
PepsiCo Acquires Prebiotic Soda Brand Poppi for Nearly $2 Billion
PepsiCo has announced the acquisition of Poppi, a maker of prebiotic drinks, in a deal worth over $1.6 billion. This acquisition aims to strengthen PepsiCo’s presence in the […]
Uncategorized
Posted on:
U.S. Retail Sales Show Modest Growth in February
Retail sales in the U.S. increased by 0.2% in February, which was less than the expected 0.6% growth. Excluding autos, sales rose 0.3%, aligning with estimates. The control […]
Economy
Posted on:
Emerging Markets May Benefit from Weaker Dollar and Lower U.S. Interest Rates
JPMorgan suggests that emerging markets could be an accidental beneficiary of a U.S. growth scare due to a weaker dollar and lower U.S. interest rates. Early futures indicate […]
Markets
Posted on:
Stock Market Today: Dow, S&P 500 and Nasdaq Set to Return to Losing Ways Amid Retail Sales Data
The stock market, including the Dow, S&P 500, and Nasdaq, is set to return to losing ways. Investors are focusing on retail sales data as treasury secretary’s comments […]