Foot Locker recently announced that its comparable sales grew for the first time in six quarters, showcasing a positive trend in the company’s revenue. The same-store sales increased by 2.6% during the fiscal second quarter, surpassing the anticipated 0.7% uptick from analysts. The company’s gross margin also expanded after more than two years, signaling a
Dutch challenger bank Bunq recently announced its plans to grow its global headcount by 70% this year, aiming to reach over 700 employees. This move comes at a time when many financial technology startups are cutting jobs due to the challenging operating environment. Bunq’s expansion plans include entering new regions like the U.K. and the
The proposed changes to U.S. banking regulations by a top Federal Reserve official have stirred up discussions in the financial sector. Originally, the Basel Endgame was set to increase capital requirements for the world’s largest banks by 19%. However, following feedback from various stakeholders, including banks, business groups, and lawmakers, the proposed increase has been
The analysis provided in the original article sheds light on the underwhelming performance of the energy sector in September. It is concerning to note that energy is the worst-performing S&P sector across different periods, including the one-, three-, and six-month periods, year-to-date, and the past 12 months. Notably, EQT, Coterra, APA, Halliburton, Occidental, ExxonMobil, and
Dollar Tree, a popular discount retailer, experienced a significant drop in its share price following a downward revision in its full-year outlook. The company cited mounting pressures on middle and higher-income customers as the primary reason for this revised forecast. This change in guidance led to a decrease in the full-year consolidated net sales expectations,
The recent news of JPMorgan Chase shares falling 5% has created concern among investors after the bank’s president expressed that expectations for net interest income (NII) and expenses in 2025 were too optimistic. This news has caused shares of the New York-based bank to drop more than 7% in a single session, marking the worst
The upcoming presidential debate between Vice President Kamala Harris and former President Donald Trump is highly anticipated as voters seek clarity on how each candidate plans to address critical issues such as the economy, inflation, and job growth. One sector that faces particular uncertainty following the election is clean energy, which has experienced growth under
The National Football League’s strategic focus on streaming has proven to be a game-changer, not only in the U.S. but also globally. The recent exclusive streaming deals with various media companies have allowed the NFL to broaden its fanbase and grow its audience significantly. Under the 11-year, $111 billion media rights deal signed in 2021,