Are dollar discount stores a benefit or hindrance to local economies? Why Dollar Stores are Facing Closures and the Future of the Industry Background The retail industry has recently seen a wave of dollar discount stores facing closures, with the news of 99 Cents Only Stores shutting down its 371 locations along with the closing … Read more
Stock Market Update: Week in Review Stock Market Update: Week in Review Stocks Finish Last Week Lower After Sell-Off in Tech Last week, stocks saw a decline in the market following a sell-off in the tech industry, with the Nasdaq Composite leading the losses and falling over 1%. Equal-Weighted S&P 500 Logs 7th Straight Weekly … Read more
NEW YORK (dpa-AFX) – US fairness marketplaces expanded their gains all through trading on Thursday and closed much tighter. Seemingly, rather good domestic financial information has not fueled even more issues about the probable announcement of tighter US financial policy at the forthcoming central bankers conference in Jackson Hole. The major Dow Jones Industrial Index … Read more
NEW YORK (dpa-AFX) – On Thursday, the US stock markets continued the gains of the previous day. The Dow Jones Industrial rose by 1.79 percent to 32,696 points. The leading index could now leave the downward trend that began in April behind. According to stockbrokers, as on the previous day, the fact that the minutes … Read more
The NYPD reported that the man shot by police officers while carrying out an armed robbery at a Dollar Tree store in Brooklyn has an extensive criminal record, in addition to a warrant for missing a court date last month. The suspect, identified as Clarence Little, was scheduled to appear Dec. 29 for stealing nearly … Read more
NEW YORK (dpa-AFX) – On Wall Street, after the profits on Friday, disillusionment has spread again. The most important indices ended up almost on the spot on Monday after a rather sluggish trading session. Robust economic data had caused yields on the bond market to rise over the course of the year and aroused fears … Read more
NEW YORK (dpa-AFX) – The US stock markets embarked on a gentle recovery course in the middle of the week. Traders said some “bargain hunters” had returned to the stock markets believing that the worst sell-off since May had been exaggerated the day before. Consumer goods and utilities stocks topped the winners list, while technology … Read more
NEW YORK (dpa-AFX) – Ahead of the Jackson Hole central bank conference, investors on Wall Street reduced the risk on Thursday. In late trading in particular, prices came under a little more pressure, especially since there were demanding voices from the environment of the Fed after the early tightening. The Dow Jones Industrial lost 0.54 … Read more