Collection emphasized by immersive audio, crystal-clear communication and all-day comfort PARK CITY, Utah, September 27, 2022 /PRNewswire/ — Skullcandy, the best-selling stereo headphone brand1 and true wireless earbuds2 below $100today announced its re-entry into the gaming category3 with a trio of valuable headsets for all skill levels. The all-new . offers compatibility on PC, PlayStation, … Read more

Here’s What Costco Says About Inflation — And An Increase In Membership Fee

Since the market is obsessed with inflation and why the Fed would step off the accelerator, it’s worth considering what some companies are saying about it. The view of Costco Wholesale, the warehouse seller known for its competitive prices, seems so good for a start. And CFO Richard Galanti’s comments on his conference call suggest … Read more

Retail in August 2022:

Retail sales were better than expected in August as price increases across many industries offset a significant drop in gas station receipts, the Census Bureau reported Thursday. Retail presale sales for the month were up 0.3% from July, outperforming the Dow Jones estimate without change. The total is not adjusted for inflation, which rose 0.1% … Read more

Where Walmart, Amazon and Target spend billions on a slowing economy

A Walmart employee loads a robotic warehouse tool with an empty cart to be filled with a customer’s online order at a Walmart micro-fulfillment center in Salem, Massachusetts on January 8, 2020. Boston Globe | Boston Globe | Getty Images When the economy slows, the classic response for consumer companies is to cut spending: slow … Read more

House prices, interest rates: New Zealand is a good indicator of Australia’s spot interest

When the Reserve Bank of New Zealand became the first central bank in the Anglosphere to raise interest rates last October, it effectively became a Kiwi in the coal mine for Australia and other countries in terms of the impact of the tightening monetary policy. To measure how the New Zealand economy is performing with … Read more

Gaming chair market: 50% of growth comes from APAC, driven by health-related benefits of using gaming chairs

The gaming chair market report provides a comprehensive analysis by type (table, hybrid and platform) and geography (APAC, North America, Europe, South Americaand MEA) NEW YORK, September 1, 2022 /PRNewswire/ — The gaming chair market size is expected to increase by USD 130.77 million from 2020 to 2025, with a rolling CAGR of 5.49%. Technavio … Read more

Just 5 S&P 500 Stocks Ended Higher After Powell’s Sobering Jackson Hole Speech

Last updated: August 26, 2022 at 6:41 PM ET First Release: August 26, 2022 at 5:21 PM ET Federal Reserve Chairman Jerome Powell only needed a 10-minute speech on Friday to make clear that monetary policy would be relentlessly tightened in the coming months. Investors dumped stocks, causing the S&P 500 index to fall 3.4% … Read more

Jeff Bezos’ 1994 Amazon Job Post Goes Viral

One of the first-ever help-seeking ads written by Amazon founder Jeff Bezos is making the rounds on the Internet, nearly 30 years after the day it was first posted online. “A well-capitalized Seattle startup seeks Unix developers,” read the title of Bezos’ job posting, dated August 22, 1994. Bezos’ message was written 28 years ago … Read more

A new supercycle is emerging for the economy, and these are the stocks that would benefit, says strategist

It’s been an interesting summer for financial markets – more or less, a string of mostly gloomy economic data has led traders to think the Fed will loosen the pedal a bit, although they’ve been less convinced of that view over the past week. Dario Perkins, general manager for global macro at research firm TS … Read more

China’s Alibaba and Tencent focus on cost cutting amid slowing growth

Alibaba has faced growth challenges amid tightening regulations on China’s domestic technology sector and a slowdown in the world’s second-largest economy. But analysts think the e-commerce giant’s growth could pick up through the rest of 2022. Kuang Da | Jimian News | VCG | Getty Images Chinese tech giants Alibaba and Tencent often talk about … Read more