SELECT LANGUAGE BELOW

Ford Mustang Mach-E sales surpass traditional Mustang

Barron's Roundtable panelists discuss why some automakers are scaling back their electric vehicle rollout plans. Sales of the traditional Ford Mustang declined in 2024 as car buyers increasingly focused on the electric Mustang Mach-E, but the electric Mustang Mach-E outsold the conventional model last year. Last week, Ford released sales data showing 44,003 traditional Ford […]

Ex-con owner of ConBud in NYC raked in about $7 million in sales in 2024

Someone is high on marijuana. The owner of a Big Apple marijuana dispensary is doing great financially, with his up-and-coming business generating about $7 million in sales last year. It's been about 20 years since he was locked up for selling marijuana. “What gets me here is that I do the work every day, whether […]

Holiday sales jump more than expected as retailers slash prices

Holiday shoppers opened their wallets at the last minute in search of bargains on online platforms, making bulk purchases of apparel, electronics, jewelry and more, demonstrating the health of their household finances. According to a report from Mastercard Spending Pulse, spending during the holiday shopping period from November 1 to December 24 will increase by […]

Apple poised to hit $4T valuation thanks to iPhone sales

Apple is on track to become the first company to cross the $4 trillion threshold, buoyed by investors cheering the tech giant's long-awaited AI-enhanced progress to revive flagging iPhone sales. The company led Nvidia and Microsoft in the race to this monumental milestone thanks to a roughly 16% rise in its stock price since early […]

Big Lots to start holding ‘Going out of Business’ sales at remaining locations

Big Lots, a national retailer based in Columbus, Ohio, announced Thursday that it will begin a going-out-of-business sale at all of its remaining stores. The retail chain also announced that it does not plan to complete its previously announced asset purchase agreement with Nexus Capital Management and will continue to pursue an alternative sale with […]

Home sales rise most since March — but market on pace for worst year since 1995

U.S. existing home sales rose at the fastest pace since March in November, as homebuyers were helped by a wider choice of properties on the market, even as mortgage rates nearly rose. Existing home sales rose 4.8% last month from October to a seasonally adjusted annual rate of 4.15 million units, the National Association of […]

Forexlive Americas FX news wrap: US retail sales boosted by autos – ForexLive

market: Gold falls $9 to $2,643 US 10-year bond yield flat at 4.39% WTI crude oil, down 55 cents to $70.16 S&P500 fell 0.4% DJIA falls for 9th straight day, worst consecutive decline since 1978 Japanese yen leads, Australian dollar lags It has been difficult to determine what is behind the various movements in the […]