Business

How Stores Ended Up With So Many Clothes (Wrong)

How Stores Ended Up With So Many Clothes (Wrong)

Clothing stores were slashing prices, trying to sell their excess inventory. Stephanie Reynolds/AFP via Getty Images Hide caption Switch caption Stephanie Reynolds/AFP via Getty Images Clothing stores were slashing prices, trying to sell their excess inventory. Stephanie Reynolds/AFP via Getty Images Remember when we couldn’t get enough of our gym clothes or pajamas? Now, the …

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History shows that holiday trading tends to bullish: the morning briefing

History shows that holiday trading tends to bullish: the morning briefing

This article first appeared in The Morning Brief. Get the Morning Briefing sent straight to your inbox every Monday through Friday by 6:30 AM ET. Subscription Friday, November 25, 2022 Today’s newsletter by Jared Blaker, is a market-focused reporter for Yahoo Finance. Follow him on Twitter @employee. Read this and more market news on the …

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Black Friday, Amazon strike, Activision buzz and more: Friday 5 things to know

Black Friday, Amazon strike, Activision buzz and more: Friday 5 things to know

TrueTrae.com’s savvy shopping expert Trae Bodge discusses how inflation affects holiday shopping and reveals where consumers can find the best deals on “Mornings with Maria.” Here are the main events that will take place on Friday It can affect trading. Black Friday: Trading action will resume on Friday, when the focus will be largely on …

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Renault wants to use water from depths of 4,000 meters to supply heat to an old production plant

Renault wants to use water from depths of 4,000 meters to supply heat to an old production plant

Photo of the Renault logo in Bavaria, Germany. The French auto giant says it is targeting carbon neutrality in Europe by 2040 and globally by 2050. Igor Golovnyov / Suba Photo | Light Rocket | Getty Images The Renault group Works with French utilities Engy In developing a geothermal project at the automaker’s Douai facility, …

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Source: Foxconn’s problems will take a bigger toll on the giant iPhone factory in China as more workers leave

Source: Foxconn’s problems will take a bigger toll on the giant iPhone factory in China as more workers leave

Foxconn Zhengzhou factory shipments drop in November – Source Discontent with workers at the factory escalated into protests this week More than 20,000 workers, most of them new recruits, have left – The Source TAIPEI (Reuters) – Foxconn Inc’s (2317.TW) flagship iPhone factory in China will see a further drop in shipments for November due …

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The superior asset manager selects stocks that are set to gain as margins shrink

The superior asset manager selects stocks that are set to gain as margins shrink

Profit margins are shrinking as inflation remains at elevated levels, with a slew of companies — including Walt Disney, PepsiCo and Spotify — all warning of margin pressures, overshadowing earnings growth in the coming quarters. Patrick Armstrong, chief investment officer at Plurimi Wealth, believes this is the “biggest risk” for stocks looking to the future. …

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Consumer inflation in the Japanese capital rose at the fastest pace in 40 years

Tokyo core CPI for November rose 3.6% vs f’cast +3.5% The Tokyo CPI remains above the BoJ’s 2% target for the sixth consecutive month The data confirms broadening inflationary pressure TOKYO (Reuters) – Core consumer prices in the Japanese capital, a leading indicator of nationwide trends, rose at their fastest annual pace in 40 years …

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‘You Need to Run the Crisis’: This Crypto Crash Is Huge Opportunity, Cathy Wood Says Still Sees Bitcoin Rally 6,000% to $1 Million – Here Are Three Big Bets in the Sector

‘You Need to Run the Crisis’: This Crypto Crash Is Huge Opportunity, Cathy Wood Says Still Sees Bitcoin Rally 6,000% to $1 Million – Here Are Three Big Bets in the Sector It’s probably not a good idea to be a cryptocurrency investor these days. Bitcoin is down 65% since the beginning of the year. …

‘You Need to Run the Crisis’: This Crypto Crash Is Huge Opportunity, Cathy Wood Says Still Sees Bitcoin Rally 6,000% to $1 Million – Here Are Three Big Bets in the Sector Read More »

Holiday shopping begins as inflationary sentiment drops

NEW YORK (AP) — While Black Friday will mark a return to familiar holiday shopping patterns, uncertainty remains. The US labor market remains strong, consumer spending is resilient and inflation is slowing. But higher prices for food, rent, gasoline and other household costs have weighed on shoppers. As a result, many are reluctant to spend …

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