U.S. Markets News
Early data shows the UK spent less on Black Friday
According to Barclaycard — processor of almost half the card transactions in the United Kingdom — the amount spent on…
US asks allies to ditch Huawei over security concerns
The US government is said to have requested lawmakers and telecom companies in allied countries to avoid using equipment from…
Facebook says UK data was not shared; appeals fine in Cambridge Analytica case
The infamous Cambridge Analytica data-breach case took a new turn this week after Facebook (FB) defended the charges leveled by…
GameStop (NYSE: GME) to divest its Spring Mobile unit for $700 million
GameStop (GME) to sell its Spring Mobile division for $700 million to the Sugar Land, Texas-based Prime Communications. Spring Mobile…
Retail sector may be heading to a dry holiday season
The run-up to the holiday season has never been so disappointing for the retail industry, with lackluster financial performance and…
IKEA Group to cut 7,500 jobs
IKEA Group looks to cut 7,500 jobs in the next couple of years, according to the company. The furniture giant…
3 stock market trends for the Black Friday week
As we speak, another Black Friday is here. Retailers are apparently busy with their eleventh-hour dash to make sure they…
FAANG stocks lose their sheen in tech rout
2018 has not been a great year for tech stocks, especially the latter half. The worst performers were, in fact,…
Q3 Earnings Preview: It’s a cherish or perish scenario for Foot Locker
Foot Locker (FL) will be issuing its third quarter earnings press release after the US markets close on Tuesday, November…