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Chinese E-Commerce Giants Pivot to Selling Inexpensive Goods
Alibaba’s and JD.com’s quarterly results exceeded expectations after they focused on offering discounted goods in an uncertain economic environment. Source link
Sweetgreen Hires Former Chipotle Executives, Readies Mid-America Push
Sweetgreen hired two former Chipotle Mexican Grill executives to lead its marketing and culinary development, part of the salad chain’s strategy to expand beyond large
Car Prices Might Be Unsustainable for Buyers
Surging loan delinquencies signal that many consumers can’t afford their auto loans. Source link
Retailers Are Fleeing Downtown San Francisco. IKEA Is Moving In.
Listen to article (1 minute) IKEA thinks it can succeed where a string of other retailers have given up—in San Francisco’s beleaguered downtown district. Copyright
Why the Era of Historically Low Interest Rates Could Be Over
Higher productivity and increased deficits could raise the “neutral” rate of interest, limiting Fed cuts. Source link
The AI Trade Faces Its First Major Test With Nvidia Earnings
The chip maker’s rosy forecast lifted markets in a turbulent time—but the bar to dazzle investors is higher now. Source link
The Man at the Center of the Battle to Ban TikTok
Montana Attorney General Austin Knudsen helped start a case that he thinks could make its way to the Supreme Court. Source link
Anti-ESG Funds Face Obstacles to Broad Investor Acceptance
One problem is defining exactly what these funds actually invest in. Source link
America's Tech Giants Rush to Comply With New Curbs in Europe
Some of the impact will hit right away, changing how users scroll, search and shop online. Source link
Who is the Mogul Bidding for U.S. Steel?
James Bouchard grew up around steel and deal making; ‘We have the cash,’ he says of his $7.8 billion surprise bid. Source link