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Five Below Becomes the Amazon-Proof Store

Five Below Becomes the Amazon-Proof Store

The retailer of items selling for $5 or less has nearly quadrupled its number of locations since its IPO, including adding one Friday in Manhattan. “We’re the T.J. Maxx for kids,” its CEO says.

Published 1 month ago

Asian Stocks and the Yuan Jump on Hopes for a U.S.-China Trade Truce

Asian Stocks and the Yuan Jump on Hopes for a U.S.-China Trade Truce

Asian stocks and the Chinese yuan rose sharply on indications that trade tensions between the U.S. and China are de-escalating.

Published 1 month ago

GE Shows What Happens When Dividend Investing Goes Wrong

GE Shows What Happens When Dividend Investing Goes Wrong

GE cut its dividend because it needs to hoard cash as it restructures and shrinks. Yet, even the token penny payout is a sign of the distortions the demand for dividends creates.

Published 1 month ago

U.S. Wades Into Mideast Oil Spats, as Iran Sanctions Loom

U.S. Wades Into Mideast Oil Spats, as Iran Sanctions Loom

The Trump administration has intervened in a pair of Mideast disputes that have hobbled regional oil production, aiming to boost global supplies as Iranian oil sanctions take effect.

Published 1 month ago

GE Shows What Happens When Dividend Investing Goes Wrong

GE Shows What Happens When Dividend Investing Goes Wrong

GE cut its dividend because it needs to hoard cash as it restructures and shrinks. Yet, even the token penny payout is a sign of the distortions the demand for dividends creates.

Published 1 month ago

On Hold for 45 Minutes? It Might Be Your Secret Customer Score

On Hold for 45 Minutes? It Might Be Your Secret Customer Score

Retailers, wireless carriers and others crunch data to determine what shoppers are worth for the long term. The score can determine the prices you pay, the products and ads you see and the perks you receive. “Not all customers deserve a company’s best efforts.”

Published 1 month ago

China equities jump on sign of thaw in Trump-Xi relations

China equities jump on sign of thaw in Trump-Xi relations

Renminbi rallies and Hong Kong’s Hang Seng heads for best week since 2015

Published 1 second ago

China’s muted stimulus dents hope of jolt to global markets

China’s muted stimulus dents hope of jolt to global markets

Beijing abandons policy playbook credited with snuffing out previous turmoil

Published 1 second ago

Simon Schama on the battle for America

Simon Schama on the battle for America

Next week’s US midterms are a fight between two very different visions of nationhood

Published 1 second ago

Italian rescue boat confronts Salvini over migrants

Italian rescue boat confronts Salvini over migrants

Mission to patrol Mediterranean wants to change country’s mood on migration

Published 1 second ago

Germany’s Landesbanken still seeking clean bill of health

Germany’s Landesbanken still seeking clean bill of health

NordLB expects to be weakest link in Germany’s banking system in the EBA stress test

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Merkel rival attempts political comeback with CDU leadership bid

Merkel rival attempts political comeback with CDU leadership bid

Friedrich Merz would change the party’s direction with his strong views on immigration

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Hawkish European capitals lobby to beef up eurozone bailout fund

Hawkish European capitals lobby to beef up eurozone bailout fund

‘Hanseatic League’ steps up argument Brussels has not properly policed EU fiscal rules

Published 1 second ago

Goldman’s business culture criticised by US officials

Goldman’s business culture criticised by US officials

Wall Street bank accused by of putting deals ahead of proper compliance in 1MDB case

Published 1 second ago

Your Smartphone’s Location Data Is Worth Big Money to Wall Street

Your Smartphone’s Location Data Is Worth Big Money to Wall Street

Data firm Thasos Group compiles and analyzes location data from millions of smartphones. Then hedge funds pay millions of dollars for it.

Published 1 month ago