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4 mins read

I started my T-shirt-printing side hustle with a press I bought on Facebook for $45. Now the business is making $50,000 a month in sales on average.

Ari Simpson, 39, started a T-shirt-printing side hustle in 2020 that now turns over more than $50,0…

Kimanzi Constable   


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2 mins read

Walmart reportedly raising up to $3 bn for Flipkart to expand India biz

With new funds, Flipkart's valuation is set to soar to more than $40 billion, giving a fillip to…

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3 mins read

Wall Street's verdict is in: the US economy is booming again

JPMorgan and Morgan Stanley just boosted estimates for Q4 growth, but it's a strange type of boom —…

Ben Winck   


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5 mins read

Theatres cross pre-pandemic gross revenue collection despite pricey movie tickets

Expensive movie tickets and F&B cost haven’t stopped cinema lovers; theatres cross pre-pandemic rev…

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2 mins read

Economists think odds of a recession in the next year have fallen below 50%. This chart shows how consensus has changed over 18 months.

The probability of a recession dipped below 50% for the first time since mid-2022, according to a W…

Phil Rosen   


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1 min read

Etsy slumps 14% after warning growth could slow in coming months following 1st-quarter earnings beat

"We currently expect Q2 2021 gross merchandise sales to decelerate," the company said in its earnin…

Carla Mozée   


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3 mins read

Beyond Meat, the poster child of plant-based meat, saw sales tank as cash-strapped shoppers turn away from expensive alternative proteins

Consumers are financially squeezed and they're skeptical of the health benefits of plant-based meat…

Grace Dean   


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3 mins read

US GDP badly missed growth estimates in the 2nd quarter - but the economy is still bigger than it was before the COVID-19 recession

US economic output grew at an annualized rate of 6.5% in the second quarter, missing the 8.5% estim…

Ben Winck,Andy Kiersz   


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4 mins read

Indians were fearing recession even before data showed that GDP growth hit a six-year low

India’s growth in gross domestic product (GDP) between April and June 2019 was a mere 5%, the w…

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2 mins read

The UK economy grew 2.3% in April as pubs and restaurants reopened and the vaccine drive continued at pace

Chancellor Rishi Sunak said the UK GDP figures were "a promising sign that our economy is beginning…

Harry Robertson   


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4 mins read

US GDP grew 6.4% in the first quarter as the economy began to reopen

The US has now recovered about 96% of its pandemic-era decline in output. A 10% surge for first-qua…

Ben Winck,Andy Kiersz   


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4 mins read

Wall Street economists are getting fed up with the government’s inability to agree upon more stimulus

Morgan Stanley, Bank of America, Goldman Sachs, and JPMorgan have all lowered their fourth-quarter …

Ben Winck   


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2 mins read

Americans hate the economy but that hasn't stopped them from spending big

Consumer sentiment is the bleakest it's been since 2011, but retail sales are at a record high. Inf…

Ben Winck,Madison Hoff   


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8 mins read

Indian E-com Players Are Raising Big Money; These 5 Takeaways Can Help You Understand What’s Changing

With the lone exception of Snapdeal that runs a 100% marketplace, most of the big e-commerce entiti…

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3 mins read

Vodafone Idea reportedly wants the government to release ₹15,000 crore bank guarantees ahead of its fundraising plan

With the telco opting for the four-year deferment of AGR dues, it now believes there's no need for …

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3 mins read

The average Chick-fil-A franchise makes nearly $9.4 million in sales and has one of the lowest startup fees

Chick-fil-A's fee for a new restaurant is the lowest cost of any national fast food brand. Here's h…

Hayley Peterson,Dominick Reut…   


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2 mins read

Healthy household balance sheets will push auto, consumer goods sales: Morgan Stanley

India’s household balance sheets are healthy and a conducive macro backdrop will keep consumer conf…

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4 mins read

Funding winter is here for tech startups and will go on for 12-18 months: Tracxn

Funding winter is here for tech startups and will go on for 12-18 months: Tracxn

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3 mins read

Elon Musk offloaded more Tesla shares for $884 million as the stock slid, bringing his selling spree to $14 billion

Musk sold 934,091 shares for $884.1 million, according to securities filings, to pay for taxes on t…

Shalini Nagarajan   


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4 mins read

Elon Musk just dumped another $900 million of Tesla shares as the stock fell into a bear market

Elon Musk — Time's Person of the Year — has now sold almost $13 billion worth of shares in Tesla.

Harry Robertson,Reuters