Starbucks warned to chop customer wait times as sales slip
Starbucks is being asked to come up with ways to reduce wait times. There’s nothing worse than having a barista waiting during the morning rush, and with Starbucks’ sales set to fall in 2024, experts are urging the coffee giant to speed up the process to boost customer loyalty. The coffee roasting company reported its […]
Home sales drop for third straight month as prices hit record high
U.S. existing home sales fell for a third straight month in May, the most active time of the year for the housing market, as rising mortgage rates and record home prices discouraged many would-be buyers from buying. U.S. existing home sales fell 0.7% from the previous month to a seasonally adjusted annual rate of 4.11 […]
Home Sales Drop For Third Straight Month, Prices Hit Record High
(Photo by Joe Raedl/Getty Images) James Myers of OANFriday, June 21, 2024 10:24 AM U.S. existing home sales fell for a third straight month in May as rising mortgage rates and record prices discouraged many would-be buyers from buying at a time when the housing market is usually at its most robust. advertisement Existing home […]
Biden Administration Moves Ukraine to Top of List for US Weapons Sales
The Biden administration has decided to put Ukraine at the top of the list of countries receiving air defense weapons, effectively forcing the U.S. ally to wait at least 16 months to receive the same weapons. The administration said that Russia has stepped up missile and drone attacks on Ukraine in recent months in an […]
Biden admin to ban sales of Kaspersky software over ties to Russia: report
The Biden administration is expected to announce plans on Thursday to ban Kaspersky Lab’s antivirus software from being sold in the United States, according to people familiar with the matter, as the company’s large U.S. clients include critical infrastructure providers and state and local governments. The company’s close ties to the Russian government were found […]
Retail sales rise by paltry 0.1% as shoppers feel pinch of high inflation
Retail sales barely rose last month as Americans, troubled by persistently high inflation, tended to cut back on spending. Retail purchases rose 0.1% in May, below the 0.2% increase analysts had expected, according to data released by the Commerce Department on Tuesday. Retail sales for the previous month were revised down to 0.2%. Of the […]
Retail sales rise just 0.1% in May as high inflation strains Americans
Rick Rieder, chief investment officer of global fixed income at BlackRock, shared strategies for stock investors on Barron’s Roundtable and analyzed the impact of high interest rates on inflation. Americans continued to face high interest rates and rising prices for everyday items, leading them to curb spending in May. Retail SalesThe Commerce Department said on […]
Russian Gas Sales To Europe Exceed US Supply As Ukraine War Rages
Russia overtook the U.S. in terms of natural gas supplied to Europe in May as the war in Ukraine continues, according to Financial Times. Once the leading supplier of gas to Europe, Russian deliveries fell off drastically following the start of the war in Ukraine as European states rushed to support the Ukrainian cause, according […]
The Scam of Book Sales
Estimated Reading Time: 3 minutes The Left has gone after members of the U.S. Supreme Court on drummed-up ethics charges. Whether the Justices have violated any ethics rules (which they have all denied in specificity as to their filings and their actions) is in the eye of the beholder. What we want to explore is […]
Apple Intelligence to be boon for future iPhone sales: analysts
Constellation Research founder R. “Lei” Wang talks about Elon Musk threatening to ban his company from using Apple products over its partnership with OpenAI. Some analysts predict that Apple’s artificial intelligence features will encourage consumers to upgrade their iPhones, benefiting future sales. The Cupertino, California-based tech giant announced on Monday that it will build “Apple […]