Tag: retail

Financial services, retail, telecom show high discrepancy in background verification: Report

The financial services, retail and telecom sectors displayed the high discrepancy percentage in background verification in the quarter ending December 2020, finds a survey. The...

GameStop saga illustrates rising ‘noise trader risk’ that could feed market volatility, warns quantitative analyst

The wild trading saga surrounding GameStop Corp. and other meme stocks targeted by bands of individual investors ostensibly out to prove a point, rather than...

Demand for luxury housing on the rise in Noida

Approval of India’s biggest airport and Film City, investment by foreign companies in data centers and one of the biggest IKEA’s upcoming retail destination has...

Some 730,000 Walmart employees won’t be getting $15 an hour pay — they’re hardly alone

Walmart WMT, +0.49% has joined a growing list of retailers boosting employees’ wages to $15 an hour, but unlike rivals such as Target TGT, -1.35%,...

Are people willing to live with more COVID-19 deaths? One of Europe’s most-infected cities has just loosened restrictions

While other European cities remain tightly locked down, Spain’s already less-restrictive capital Madrid was gifted another hour of freedom this week. Headed by Isabel Díaz...

Only 50 people are known to have contracted COVID-19 more than once — but new strains have medical experts on high alert

It’s very rare for someone to get infected with the coronavirus causing the disease COVID-19 a second time, but the few confirmed cases of reinfection...

GameStop hearing challenges assumptions about rookie investors — ‘Retail investors making up this new surge are different’

YOLO? Maybe not quite so. During the GameStop trading frenzy, some observers worried many rookie retail investors banding together on sites like Reddit’s WallStreetBets would...

We were ‘dangerously close’ to collapse of ‘entire system,’ says Interactive Brokers founder ahead of GameStop hearing

“ ‘What I would like to point out here is that we have come dangerously close to the collapse of the entire system, and the...

Nearly half of MyTheresa customers in the U.S. and Germany spend tens of thousands on luxury goods annually: Cowen

Cowen analysts conducted a survey of customers in the U.S. and Germany who shop on luxury e-commerce site MyTheresa, finding that about 45% typically spend...

Regulator objects to $9.2 billion sale of eBay arm in the latest move to protect online competition

In the latest move from regulators to protect competition in online marketplaces, the U.K.’s Competition and Markets Authority, or CMA, has objected to the sale...

Here’s the main reason Robinhood traders have been able to push stocks higher — and, no, it isn’t by squeezing hedge funds

With the broader stock-market indexes in a bit of a coma this week, the talk of financial markets is still the awakening of retail investors...

Is the stock market due for a correction in 2021? Here’s what some experts think

A pullback for the Dow Jones Industrial Average and the S&P 500 index on Tuesday halted the longest win streak for stocks in months, but...

This is America’s rare chance to undo the economic wrongs of decades, these strategists say

What doesn’t kill you makes you stronger, it’s said, though that’s cold comfort for anyone going through a trauma, whether personal or collective. But some...

These S&P 500 stocks have had the biggest increases in ‘buy’ ratings so far this year

Traders in the stock market can take advantage of special situations to exploit sentiment and momentum and make quick profits — if they are quick...

Individual investors are back — here’s what it means for the stock market

Look who’s back. After a long absence, active individual investors have returned. While breakneck and foolhardy trading activity in shares of GameStop Corp. GME, +19.20%...

How soon will New York vaccinate its prisoners?

There was a time, as the pandemic was taking hold last spring, when New York’s criminal-defense lawyers were actually feeling hopeful. Libby Fischer, managing attorney...

GameStop, AMC stocks close lower as oversight momentum builds, Reddit poster to testify

GameStop Corp. shares closed lower Thursday for their third trading day this week as volatile trading of heavily shorted stocks comes under more federal scrutiny....

Trader beware: Read this before buying stocks with investment apps like Robinhood

As social media has stoked interest in an assortment of stocks that recently were being shorted by hedge funds, Robinhood and similar, low-cost trading and...

AstraZeneca vaccine may reduce spread by 67% — and protection remains over 3-month dosage gap

A single dose of the AstraZeneca AZN, -0.88% COVID-19 vaccine offers 76% protection for up to three months after the first injection and appears to...

Silver prices tumble nearly 7% and gold skids below trend lines

Gold and silver futures headed sharply lower Tuesday, with the tumble in prices for gold’s sister metal coming as the CME Group raised margin deposit...

Apple sees blizzard of demand for $14 billion debt deal

Apple Inc. attracted more than $33 billion worth of orders for its new $14 billion debt deal on Monday, underscoring the continued scramble for all...

Robinhood raises another $2.4 billion from shareholders

Robinhood Markets Inc. raised another $2.4 billion from shareholders, days after investors agreed to pump $1 billion into the online brokerage to help it ride out a...

Tesla CEO Elon Musk calls Robinhood CEO ‘Vlad the Stock Impaler’ and grills him over the GameStop saga

“ ‘The people demand an answer, and they want to know the truth.’ ” That was Elon Musk, the chief executive officer of electric-car maker...

Dow futures rise 250 points as the stock market tries to shake GameStop angst

U.S. stock-index futures on Monday morning were trading solidly higher as the market attempted to recover from its worst weekly loss since October as worries...

As vaccinations continue, 45% of millennials say they’re OK with socializing in public places

Millennials, who aren’t likely to begin receiving coronavirus vaccines until the summer, are the most comfortable partaking in activities that are considered higher risks for...