Retail industry
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Finance
Walmart is using its own fintech firm to provide credit cards after dumping Capital One
A Capital One Walmart credit card sign is seen at a store in Mountain View, California, United States on Tuesday,…
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Economy
Corporate layoffs have ramped up in recent weeks. Here are the companies making cuts
Layoffs are illustrated by an oversized pair of scissors, that looms over seven workers sitting in office chairs suspended by…
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Finance
Tariffs or not, a Chinese baby products company is ramping up its U.S. expansion
U.S. births rose by 1% in 2024, with 3.6 million births recorded for the year, according to the CDC’s National…
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Finance
Big Chinese companies like Alibaba show that AI-powered ads are giving shopping a boost
Downtown Beijing on May 2, 2025. Greg Baker | Afp | Getty Images BEIJING — Alibaba, Tencent and JD.com reported…
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Finance
Walmart’s former U.S. CEO Bill Simon thinks retailer can easily absorb tariff costs, criticizes its ‘doom and gloom’ commentary
Walmart‘s business is strong enough to withstand tariff headwinds without increasing its prices, according to the discount retailer’s former U.S.…
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Finance
Banks are keeping credit card rates high even after the CFPB rule they blamed for high APRs was killed
The New York Stock Exchange is seen during morning trading on July 31, 2024 in New York City. Michael M.…
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Finance
More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says
People shop for produce at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp |…
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Economy
Consumer spending is up big in early April as people buy in anticipation of tariffs
Consumer spending is rising at a faster clip this month as everyday Americans rush to make purchases before President Donald…
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Economy
Trump tariffs could lead to a summer drop-off in economic activity after an ‘artificially high’ start, Chicago Fed chief says
Business owners and CEOs are already stocking up on inventory, and some American shoppers are panic buying big-ticket items in…
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Finance
Klarna, nearing IPO, plucks lucrative Walmart fintech partnership from rival Affirm
Sebastian Siemiatkowski, CEO of Klarna, speaking at a fintech event in London on Monday, April 4, 2022. Chris Ratcliffe |…
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