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Walmart Diversifies Supply Chain by Sourcing More Goods from India
As part of its efforts to reduce costs and diversify its supply chain, Walmart is importing more items into the United States from India and decreasing its reliance on China, according to data seen by Reuters.
Nov 29, 2023 10:10 AM EST
Australia Imposes Ban on Vapes to Safeguard Public Health: How Will It Affect Businesses?
Australia will prohibit the importation of disposable vaporizers in January, with the aim of reducing childhood nicotine addiction.
Nov 29, 2023 09:00 AM EST
Apple and Goldman Sachs Face Uncertain Future in Credit Card Partnership
According to a source familiar with the situation, Apple has offered Goldman Sachs a proposal to sever its relationship for credit cards and savings accounts within the next 12 to 15 months.
Nov 29, 2023 08:48 AM EST
Travel Vouchers May Be Too Good to Be True
With Tuesday being the day after Cyber Monday, which is becoming recognized for airline and hotel sales, travel booking websites are launching promotions on Tuesday.
Nov 29, 2023 03:56 AM EST
US Consumer Optimism Surges as Holiday Shopping Season Gets Underway
The Conference Board, a business research organization, said on Tuesday that its consumer confidence index increased to 102 in November from 99.1 in October.
Nov 28, 2023 08:32 PM EST
Shein Files for U.S. IPO As $66 Billion Chinese Fashion Giant Expands Globally
Shein has quietly registered to go public in the United States as the Chinese-founded fast-fashion giant seeks to broaden its appeal internationally with a much-discussed IPO.
Nov 28, 2023 08:30 AM EST
Fast Food Inflation Persists: McDonald's and Other Chains Brace for Continued Price Hikes
Fast food gained popularity due to its low cost and quick service, but consumers are discovering that its dishes no longer provide the same value as they previously did.
Nov 28, 2023 07:50 AM EST
Citigroup Loses Key Municipal Bankers to Jefferies Amidst Department Shakeup
A umber of healthcare-focused bankers at Citigroup departed for competitor Jefferies Financial following discussions among the company's leadership about completely discontinuing the municipal banking division.
Nov 28, 2023 06:45 AM EST
Debt-Ridden States: The Heaviest Student Loan Burdens in the Nation
According to a recent research, Maryland has the highest average student loan debt per borrower-more than $40,000-of any state.
Nov 28, 2023 06:35 AM EST
UK Doctors' Strike Threat Recedes as Government Agrees to Pay Rise
Officials claimed Monday that the British government reached an agreement with leading physicians in England that might put an end to a string of disruptive strikes.
Nov 28, 2023 02:45 AM EST
Lawmakers Sound Alarm over BoE's Role in Government Policy and Call for Urgent Reforms
A damning analysis by senior U.K. officials claims that the Bank of England's present mandate puts it at danger of being entangled with larger government policy goals and compromises its ability to concentrate on bringing down inflation.
Nov 28, 2023 02:40 AM EST
Underprepared for Financial Emergencies: The Urgent Need for Employer-Sponsored Savings Programs
Tens of millions of Americans struggle to save money on their own, which gets difficult when they have to use credit cards for unexpected costs, accumulate debt, or risk having their homes repossessed.
Nov 27, 2023 09:08 AM EST
US Shoppers Get Ahead on Cyber Monday Deals In an Attempt to Save More
Discount-seekers used their phones and laptops to scoop up gadgets, apparel, toys, jewelry, appliances, and even personal care goods as the biggest U.S. online shopping day of the year got began on Monday.
Nov 27, 2023 08:29 AM EST
UK Prime Minister Sunak Unveils $37 Billion Investment Drive to Woo Global Investors
Prime Minister Rishi Sunak hosted global CEOs after announcing 29.5 billion pounds ($36.76 billion) in private sector investments in the nation.
Nov 26, 2023 09:57 PM EST
UK's Electric Car Revolution Gets a Boost as Nissan Invests £2 Billion
Nissan and its partners have revealed their £2 billion plan to use its Sunderland facility to produce three different electric car models.
Nov 24, 2023 11:10 AM EST