Business

Recently, the United Auto Workers union made a bold move by challenging the results of a vote held for Mercedes-Benz workers in Alabama. Despite the fact that 56% of the workers voted against union representation, the UAW is requesting a new election. The union has claimed that the German automaker fired four pro-union workers, forced
0 Comments
In the month of April, sales of previously owned homes experienced a 1.9% drop from March, totaling 4.14 million units. This decrease was unexpected as forecasts had predicted a minor increase in sales for the month. Additionally, when compared to the same period in the previous year, sales were down by the same percentage. These
0 Comments
The Consumer Financial Protection Bureau recently announced new regulations for the buy now, pay later industry, stating that customers in this sector must adhere to the same federal protections as credit card users. This move has significant implications for fintech firms such as Affirm, Klarna, and PayPal, which dominate the BNPL industry. The agency’s interpretive
0 Comments
Macy’s recently released its fiscal first-quarter earnings, surpassing Wall Street’s expectations. The retail giant reported revenue that was in line with predictions, highlighting early signs of progress in its turnaround efforts. Despite the positive earnings report, the company remains cautious about customer spending habits, assuming continued discretion in discretionary purchases. As a result, Macy’s shares
0 Comments
Lowe’s recently exceeded Wall Street’s expectations for both quarterly earnings and revenue. This is despite a decrease in sales of pricey items which could have potentially impacted the overall revenue. The positive results achieved by Lowe’s are commendable in a competitive market where meeting financial targets can be challenging. It is interesting to note the
0 Comments