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Here are 2 charts that show the American consumer is still going strong

Thu, 10/12/2023 - 13:08

Tech Insider : Economy

shopping — Spending in core areas increased 4.6% year-per-year from the months of May to August, Bank of America data shows.
REUTERS/Rick Wilking

economy, Markets, us-economy-and-markets, consumer-spending, us-consumers, us-consumer-spending, american-consumer

The price of steel is falling as the UAW strike hits demand

Thu, 10/05/2023 - 11:41

Tech Insider

a UAW striker holding up a sign — AP Photo/Paul Sancya

Markets, mi-exclusive, uaw-strike, steel-prices, Ford, auto-industry, GM

The IRS is going to know if you made big money reselling tickets for tours by the likes of Taylor Swift or Beyoncé

Sun, 09/24/2023 - 04:35

Tech Insider

Taylor Swift performs onstage for night one of Taylor Swift | The Eras Tour at GEHA Field at Arrowhead Stadium on July 07, 2023 in Kansas City, Missouri. — Taylor Swift performs onstage for night one of The Eras Tour.
John Shearer/TAS23

finance, weekend-bi-uk-news, IRS, price-gouging, StubHub, Sales, Ticketmaster

What happened to Jeep? The mother of all SUVs has lost its edge as sales fall and cars pile up on dealer lots

Fri, 08/04/2023 - 08:17

Tech Insider

The Jeep Recon electric SUV. — Over the past few years, Jeep has seen lower sales numbers, brand loyalty decline, and more inventory — as have other Stellantis brands. The automaker is looking to turn that around.
Jeep

Transportation, Jeep, Auto Industry, Sales, Brand Loyalty, Inventory, Electric Vehicles

Bed Bath & Beyond stores are gone, but its new website and app are brimming with discounts

Tue, 08/01/2023 - 18:20

Tech Insider

Screenshot of the debut of Bed Bath & Beyond website under Overstock ownership — The new Bed Bath & Beyond website and app launched on Tuesday.
Bed Bath & Beyond

Retail, Bed Bath And Beyond, Overstock, Discounts, Sales, Coupons, Bankruptcy

Exclusive: Hunter Biden's gallery sold his art to a Democratic donor 'friend' who Joe Biden named to a prestigious commission

Mon, 07/24/2023 - 17:36

Tech Insider : Politics

Hunter Biden and Joe Biden — Hunter Biden sold artwork to Elizabeth Hirsh Naftali, a Democratic donor who was appointed to a prestigious federal commission, according to three people directly familiar with Hunter Biden's account. The transaction raises questions about President Joe Biden's pledge of an "absolute wall" separating his administration from his family members' business deals.
Andrew Harnik/AP; Insider

News, Law, politics, Hunter Biden, Joe Biden, art, Sales

Subway's US restaurant locations have hit their lowest level since 2005 as the company looks to sell – report

Fri, 05/05/2023 - 16:02

Tech Insider

subway — Subway reportedly has its lowest total number of stores open since 2005.
Settawat Udom/Shutterstock

Retail, News, Subway, Store closings, Sales, subs, franchises

Where Walmart's jilted exes are now: what happened to the e-commerce brands it gobbled up and spit out like Bonobos and Moosejaw

Fri, 04/28/2023 - 14:57

Tech Insider

Marc Lore — Former Walmart e-commerce head Marc Lore acquired many digital companies that the retail giant is now selling off.
Peter Hurley

Retail, walmart, Direct to consumer, Bonobos, clothing, Sales, acquisitions

Home sales see shrinking profits as prices fall in most of the US

Thu, 04/27/2023 - 09:47

Tech Insider

Midwest — A home for sale in Pleasant Prairie, WI.
Scott Olson/Getty Images

Markets, MI Exclusive, Homes, Home Prices, Profit Margins, Recession, Housing Market

The founder of the best-selling Black-owned spirit brand shares why she prefers to work with individual investors over VC firms and how they helped her reach $100 million in sales

Wed, 03/01/2023 - 12:36

Tech Insider

Fawn Weaver, founder and CEO of Uncle Nearest Premium Whiskey, stands against a fence outside — Fawn Weaver is the founder and CEO of Uncle Nearest Premium Whiskey.
Uncle Nearest

Small Business, Entrepreneurship, Retail, Whiskey, Founder, Investors, Venture Capital

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