Big tech platforms have consumer data histories to inform advertising strategies, but lack of personalization in ads is still a big problem for the e-commerce industry. VIEW press | Corbis News | Getty Images Here are the most important things to know about Monday before you hit the door. 1. U.S. manufacturing rebounds? Manufacturing, the
Finance
Black Friday shoppers wait to purchase goods at a Best Buy store on November 29, 2019 in Emeryville, United States. Black Friday is traditionally the biggest shopping event of the year, and marks the beginning of the holiday shopping season. Philip Pacheco | Getty Images News | Getty Images Black Friday brick-and-mortar retail sales fell
Boys run past burning tires set up by Iraqi protesters during ongoing anti-government protests in Najaf, Iraq, November 26. Alaa al-Marjani | Reuters The resignation of Iraq’s prime minister helped trigger a drop in oil prices, but analysts say that may not be the right response by investors, as Iraq’s future may have just become
Getty Images Banks are battling to get consumers using their credit cards for holiday shopping. But faster mobile payment options are making that more difficult. As consumers shop on their phones, analysts say they may end up using whichever card is automatically stored instead instead of considering rewards. Gerard du Toit, banking consultant at Bain,
The “big story” for Apple this holiday shopping season won’t be what products consumers buy but how they pay for it, according to D.A. Davidson & Co. analyst Tom Forte. “AirPods Pro [is] a good product, but I think the story for Apple’s holiday sales this year is in payments with the Apple Card,” he
The Charging Bull near Wall Street is pictured in New York. Carlo Allegri | Reuters Stocks have had a bang-up year so far, and they’re heading straight into the month that is often the best of all. The S&P 500 is up more than 25% for the year so far. Thanksgiving week was technically very
European markets are set to open lower on Friday amid strained relations between the U.S. and China over protests in Hong Kong. The U.K.’s FTSE 100 index is seen falling 15 points to 7,396, Germany’s DAX down 21 points to 13,219 and France’s CAC off by 4 points at 5,905, according to IG data. Sentiment
Jennifer Yen pulls to shopping carts full of items at Wal-Mart Supercenter in Denver, Colorado. Bloomberg | Bloomberg | Getty Images Here are the most important things to know about Friday before you hit the door. 1. Black Friday Black Friday, the day retailers have long relied on to boost sales, is losing its grip
Tolga Akmen | AFP | Getty Images Barclays has rebalanced its equity focus away from the U.S. and toward Europe and emerging markets for 2020. In its 2020 outlook, published Wednesday, the British lender said it expects European equities to deliver further gains, setting a target for the Stoxx 600 of 430 by the end
European markets are set to open lower on Thursday, as investors monitored friction between the U.S. and China over the Hong Kong protests. The U.K.’s FTSE 100 is seen down 10 points at 7,405, Germany’s DAX down 22 points at 13,259 and France’s CAC off by 9 points at 5,914, according to IG index data.
Flextronics International Apple factory employees work on Apple Mac Pro computer assembly in Austin, TX, November 20, 2019. Tom Brenner | Reuters Economists are boosting their fourth quarter growth forecasts after the trade deficit narrowed and business investment showed a surprise pickup in October. The CNBC/Moody’s Analytic’s rapid update of economists forecasts showed a median
The Charging Bull near Wall Street is pictured in New York. Carlo Allegri | Reuters The stock market has been hitting record high levels day after day, but that doesn’t mean corporate CEOs are bullish about next year, according to J.P. Morgan Chase regional investment banking head John Richert. Instead, CEOs are worried about delivering
European markets are set to open higher on Wednesday, as investors track positive mood music around U.S.-China trade talks. The U.K.’s FTSE 100 is seen climbing 6 points to 7,414; Germany’s DAX is seen 18 points higher at 13,261; and France’s CAC up by 6 points at 5,941, according to IG index data. President Donald
The Hewlett-Packard Co. logo is displayed on the window of an electronics store in New York. Ramin Talaie | Bloomberg | Getty Images Check out the companies making headlines after the bell: HP shares jumped more than 2% during extended trading after the company posted a fourth-quarter earnings beat on the top and bottom line.
@PlanetBrandee / Twenty20 The bullish chorus on stocks is getting louder heading into Thanksgiving as the market looks to regain its winning ways around the holiday. The Dow Jones Industrial Average touched a record on Tuesday and sentiment was high riding into the traditionally strong two-day period surrounding Thanksgiving. The Dow has only had 16
European markets traded slightly lower on Tuesday morning, despite optimism over progress in the U.S.-China trade dispute. The pan-European Stoxx 600 slipped 0.1% below the flatline in early trade, with travel and leisure stocks dropping 2.5% as most sectors and major bourses edged into negative territory. Trade negotiators from Washington and Beijing held another phone
A customer walks towards the entrance of a CVS Health Corp. store in downtown Los Angeles, California, U.S., on Friday, Oct. 27, 2017. Christopher Lee | Bloomberg | Getty Images Check out the companies making headlines after the bell: CVS Health shares popped more than 2% before settling around its closing price of $76.58 following
People walk past a board with the logo of Bitcoin in a street in Yerevan, Armenia September 9, 2019. Anton Vaganov | Reuters What a tough month it has been for bitcoin. The world’s most popular cryptocurrency sank to $6,558.14 on Monday, its lowest level since May, according to industry site CoinDesk. It lost $3,000
European markets opened higher on Monday, with investors hopeful of progress in the U.S.-China trade dispute. The pan-European Stoxx 600 jumped 0.6% after the opening bell, with basic resources adding 1.7% to lead gains as all sectors and major bourses entered positive territory. U.S. National Security Advisor Robert O’Brien on Saturday said a so-called “phase
A top Wall Street economist is lowering his recession forecast. But Barclays’ Michael Gapen warns it’s too early to give the U.S. economy the all-clear. “We do need to get over some of these hurdles that are a problem for business-sector spending of which is both U.S.-China trade concerns as well as things like Brexit