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2 mins read

The 'Barbie' movie turning into a global phenomenon helped boost sales for the plastic doll – but not by as much as you might expect

Mattel said global gross billings for Barbie products were up 14% in Q3, but this wasn't enough to …

Grace Dean   


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1 min read

The sluggish housing market is weighing on Redfin's stock as home sales 'near rock bottom'

Shares of the real estate firm plunged as much as 24% Friday after its latest earnings revealed a 2…

Phil Rosen   


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2 mins read

Mortgages will remain sky-high in 2024, pushing existing home sales to a 3-decade low, Goldman Sachs says

Mortgage rates will fall just under 7% at the end of 2024, keeping homeowners off the market, Goldm…

Filip De Mott   


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1 min read

Billionaire investor Bill Gross says the Fed easing up in fighting inflation could fuel a rally in government bonds

The Federal Reserve's interest-rate hikes have cratered bond prices over the past year, fueling the…

George Glover   


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3 mins read

India’s gross savings and investments edge higher in FY22 despite inflation, says SBI Research report

India’s gross savings and investments are edging higher despite elevated inflation eating into the …

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2 mins read

Amazon witnessed record Prime sign-ups during the Great Indian Festival Sale 2022, 68 percent from small towns

E-commerce major Amazon saw the single largest day of Prime sign-ups - 1.9 times higher than last y…

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4 mins read

Residential sales hit 9-year high in 2022, second best year ever for office leasing: Knight Frank

2022 can be considered a watershed year for residential real estate across India’s top eight cities…

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5 mins read

Heatwave has turned ACs from a luxury to a necessity — but margins remain muted for the players

The business of selling air conditioners has still not reached its full potential as it continues t…

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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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4 mins read

Online sales expected to boom as more customers shop online post pandemic

Online sales expected to boom as more customers shop online post pandemic

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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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6 mins read

Gross vs. net income: What's the difference?

Gross income and net income are two metrics investors can use to evaluate a company and review pers…

Melanie Lockert   


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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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3 mins read

Flipkart group leads e-commerce festive sales, Meesho is second largest contributor in order volume: Redseer

Flipkart group leads e-commerce festive sales, Meesho is second largest contributor in order volume…

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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

Nykaa’s Q1 net profit at ₹5 crore, Falguni Nayar says demand recovering in beauty, personal care

FSN E-Commerce Ventures, the parent company of online retailer Nykaa, on Friday reported a net pro…

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2 mins read

Walmart is cutting prices of clothes and general merchandise to appeal to inflation-hit shoppers

Expect more markdowns on Walmart apparel in the coming months as the retailer tries to unload a hug…

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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2 mins read

Nykaa CEO Anchit Nayar says consumers not cutting back on small luxuries despite inflation

Inflation may be hurting household budgets, but consumers are not yet cutting back on discretionary…

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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