New store openings and a 68.6% increase in monthly transactions have helped the company's net revenue rise by 72%.
For different reasons, China, the world's second-largest economy, and the eurozone, the world's second-largest economy, aren't doing well these days.
Beijing doubts whether the plan will work, calling it a "fantasy."
The plunging marriage and birthrates undermine China's economic growth in several ways.
G7 countries are joining forces to form an oligopsony or a buyers' cartel to get a better price for buyer-members while slashing the revenues for Russia's oil companies.
The August job report released Friday by the Bureau of Labor Statistics was the week's big economic news. It provided a mixed picture of the labor market.
Food and energy inflation may have stopped consumers from buying many discretionary items, but not Lululemon's merchandise.
A positive employment trend is good news for American households, but it could be bad news for them, too.
This week, the company reported domestic sales of $9.57 billion for Q2, 2022, down 13.1% from last year, due to a 12.7% decline in comparable sales.
Investors should put less weight on food and energy cost and more on Unit Labor Costs.
Over its short history on Wall Street's radar, Bitcoin's bulls have come up with several narratives to explain what Bitcoin is and justify its appeal as an investment vehicle.
The Fed had delivered another hawkish message during the bankers' symposium in Jackson Hole.
For years, Salesforce has been delivering solid revenue gains to appease momentum investors on Wall Street, including one in Q2, 2022.
Questions surround President Joe Biden's loan forgiveness plan.
Starbucks' original concept of third place is still alive in the old stores, but it's missing from the new stores.
Federal Reserve Chair Jerome Powell will speak at the Jackson Hole Economic Symposium, as traders and investors get another chance to figure out if the central bank is hawkish or dovish in fighting inflation.
According to Gallup's Life Evaluation Index (GLEI), 5.6% Americans suffer from poverty these days.
The self-service economy sounds like a big win for companies as they cut costs and raise profits by having machines rather than humans deal with customer service issues.
A recent Economic Policy Institute analysis found that the value of the federal minimum wage adjusted for inflation has touched its lowest value in 66 years.
The energy sector reported the highest earnings growth among the 11 S&P 500 sectors at 299%.
This week, the popular retailer reported a comparable sales growth of 2.6% for Q2, down from 8.6% last year.
Soaring inflation in recent months has made Walmart become a shopping destination for all income demographics.
Unofficially, China is trying to reward Hungary for being on its side on the Taiwan issue.
The economy has now recovered all of the 22 million jobs that were lost in the 2020 recession.
Starbucks has fared poorly in neighboring Greece where it faces stiff competition from local start-up Mikel Coffee Company.
According to a new study that takes a close look at U.S. states with the most businesses experiencing supply chain pressures, a big part of the problem is domestic.
Who is right about recessions--Republicans or Democrats?
Disney's gains can be attributed to Netflix's price hikes and blockbuster new films like "Dr. Strange" and "Black Panther."
S&P 500 companies that saved positive earnings surprises for Wall Street saw a more significant price increase than usual.
Both companies have seen their sales growth declining substantially in recent quarters as regulators have limited their entrepreneurial drive.
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