Peloton shares soar on digital content, apparel partnership with Lululemon
Peloton and Lululemon are joining forces. The two companies announced a five-year partnership Wednesday that will bring Peloton’s content to…
Sen. Blumenthal plans action against telemarketing scams masquerading as political, charitable causes
Sen. Richard Blumenthal is moving ahead with new legislative efforts to combat telemarketing scams that have raised millions of dollars…
Ripple buys crypto infrastructure startup in its second acquisition of 2023
Cryptocurrency company Ripple announced on Friday it will acquire Fortress Trust, a startup specializing in crypto infrastructure, giving it a…
Taylor Swift, Beyoncé and ‘Barbenheimer’ are lifting consumer spending this quarter. But Morgan Stanley says it may not last
Consumer spending may not be out of the woods. Real spending is expected to come in 1.9% higher in the…
Recalled baby products sold on Facebook draw the ire of powerful committee in Congress
WASHINGTON — House lawmakers cited the continuing sale of recalled baby products linked to infant deaths on Meta‘s Facebook in…
Retail sales increased 0.7% in July, better than expected as consumer spending is holding up
Consumer spending held up well in July as inflation slowed, with retail sales turning in a stronger-than-expected showing for the…
The story of inflation, as told through your child’s backpack
Back-to-school shopping hasn’t been easy this year for Lauren Cyr. The mother of three has searched for deals and spread…
The fight over a bill targeting credit card fees pits payment companies against retailers
A bipartisan push in Washington to clamp down on credit card fees is pitting retailers against network payment processors —…
Retail bets on zero day options are growing, but they may come at a price
It’s a sophisticated trading strategy that’s becoming more accessible to retail investors. The strategy: Zero days-to-expiration options — which is…
