Business

Illustration by Elham Ataeiazar It’s no secret that Shein has ambitions to go public, but the fast-fashion juggernaut will have to overcome a slew of hurdles before it can win over Wall Street. The digitally native retailer skyrocketed to prominence during the Covid-19 pandemic after shoppers across the globe fell in love with its fashion-forward

Pedestrians walk along Wall Street near the New York Stock Exchange in New York. Michael Nagle | Bloomberg | Getty Images The largest American banks have been quietly laying off workers all year — and some of the deepest cuts are yet to come. Even as the economy has surprised forecasters with its resilience, lenders

In this article NFLX Follow your favorite stocksCREATE FREE ACCOUNT Greg Peters, Co-CEO of Netflix, speaks at a keynote on the future of entertainment at Mobile World Congress 2023. Joan Cros | Nurphoto | Getty Images Netflix is correcting the Great Netflix Correction. There once was a time, long ago in April 2022, when Netflix reported

In this article UAL Follow your favorite stocksCREATE FREE ACCOUNT Boeing 787-10 Dreamliner, from United Airlines company, taking off from Barcelona airport, in Barcelona on 28th March 2023.  JanValls | Nurphoto | Getty Images United Airlines said more expensive jet fuel and a halt to the carrier’s Tel Aviv flights during the Israel-Hamas war will

In this article F Follow your favorite stocksCREATE FREE ACCOUNT Bill Ford, Executive Chairman of Ford Motor Company, announces at a press conference that Ford will be partnering with the worlds largest battery company, a China-based company called Contemporary Amperex Technology, to create an electric-vehicle battery plant in Marshall, Michigan, on February 13, 2023 in

In this article WBA Follow your favorite stocksCREATE FREE ACCOUNT A woman walks near a Walgreens pharmacy on March 09, 2023 in New York City.  Leonardo Munoz | Corbis News | Getty Images Pharmacy staff from Walgreens are laying the groundwork for a nationwide walkout and multiple rallies at the end of October to protest

In this article COST MU INTC META AMZN Follow your favorite stocksCREATE FREE ACCOUNT An Amazon delivery truck at the Amazon facility in Poway, California, Nov. 16, 2022. Sandy Huffaker | Reuters Investors are confronting several headwinds, including macro uncertainty, a spike in energy prices and the unanticipated crisis in the Middle East. Investors seeking

In this article Follow your favorite stocksCREATE FREE ACCOUNT Snickers and Mars candy bars, produced by Mars Inc., sit on display. Bloomberg | Bloomberg | Getty Images For 11 months of the year, Tim LeBel is Mars Wrigley’s president of sales. But for the month of October, he dons a new title: chief Halloween officer.

In this article F Follow your favorite stocksCREATE FREE ACCOUNT United Auto Workers members strike the General Motors Lansing Delta Assembly Plant on September 29, 2023 in Lansing, Michigan.  Bill Pugliano | Getty Images DETROIT – A shift in strategy by the United Auto Workers union this week has some analysts wondering if the parties

In this article WFC JPM Follow your favorite stocksCREATE FREE ACCOUNT Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., gestures as he speaks during an interview with Reuters in Miami, Florida, U.S., February 8, 2023.  Marco Bello | Reuters American banks are closing out another quarter in which

In this article CMG Follow your favorite stocksCREATE FREE ACCOUNT Customers order from a Chipotle restaurant at the King of Prussia Mall in King of Prussia, Pennsylvania. Mark Makela | Reuters Chipotle Mexican Grill is planning to raise prices again. “For the first time in over a year, we will be taking a modest price

In this article Follow your favorite stocksCREATE FREE ACCOUNT Birkenstock models stand in a retail store of the shoe manufacturer. The company plans to go public in New York.  Sebastian Christoph Gollnow | Picture Alliance | Getty Images Birkenstock, the longtime German shoe brand known for its comfy and durable styles, is expected to price

Liverpool’s Curtis Jones celebrates scoring their side’s second goal of the game during the Premier League match at the King Power Stadium, Leicester. Picture date: Monday May 15, 2023. Tim Goode | Pa Images | Getty Images For U.S. investors looking to score an investment in a European soccer club, some of the focus is

In this article DRI AEP BIP CTRA XOM Follow your favorite stocksCREATE FREE ACCOUNT A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. Sergio Moraes | Reuters Dividend-paying stocks are looking even more attractive as investors grapple with

In this article VOLV.B-SE Follow your favorite stocksCREATE FREE ACCOUNT Striking United Auto Workers members from the General Motors Lansing Delta Plant picket in Delta Township, Michigan, on Sept. 29, 2023. Rebecca Cook | Reuters DETROIT — United Auto Workers members with Volvo Group-owned Mack Trucks will vote this weekend on a tentative agreement that

In this article AMZN NFLX AAPL GOOG GOOGL CMCSA WBD DIS Follow your favorite stocksCREATE FREE ACCOUNT Jimmy Butler #22 of the Miami Heat dribbles against Jamal Murray #27 of the Denver Nuggets during the fourth quarter in Game Five of the 2023 NBA Finals at Ball Arena on June 12, 2023 in Denver, Colorado.

A recession is all but inevitable for the U.S. and investors should be playing defense in that kind of environment, according to the head of the TCW Group. “We are going to have a recession, because that’s the way the world works,” Katie Koch, CEO of the firm with $210 billion under management, said Thursday

Federal Reserve Board Chair Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting at the Federal Reserve in Washington, D.C., on July 26, 2023. SAUL LOEB | Getty Violent moves in the bond market this week have hammered investors and renewed fears of a recession, as well as concerns about