Consumer Finance Trends - Page 5
126 articles
Kering Sells Beauty Business and Ends Gucci-Coty Deal Early
Kering is offloading its beauty division and ending its Gucci-Coty licensing deal a year ahead of schedule, shifting Gucci’s beauty rights to L'Oréal and signaling a major move to reduce debt and refocus on core luxury brands
US Home Prices Reach Record High as Affordability Worsens
The median price for existing homes in the US hit $440,660 in June, marking a new peak as affordability remains out of reach for many buyers and a major housing bill stalls in Washington
Remote Work Is Raising Unemployment for Young College Graduates
A new Federal Reserve Bank of New York study finds remote work is responsible for most of the rise in joblessness among recent college grads, as employers hesitate to hire and train inexperienced workers outside the office
Luxury London Homes Face Prolonged Slump as Buyers Hold Back
High-end properties in London’s most exclusive neighborhoods are sitting unsold for months, signaling a shift in demand and raising questions about the future of the city’s luxury real estate market
Shopify Faces AI Shopping Shift as Bank of America Sees Upside
AI-powered shopping assistants are changing how consumers buy online, raising questions about Shopify’s future role. Bank of America sees opportunity, but risks remain as competition from Amazon and others intensifies ahead of Shopify’s next earnings report
Walmart Cuts Prices Nationwide - How Its Deals Stack Up to Target, Kroger
Walmart and Sam’s Club have rolled out major summer price cuts on groceries and essentials. Here’s how their new prices compare to Target, Kroger, and other top U.S. supermarket chains—and what it means for your wallet
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