Macy’s Launches Online Marketplace for Third-Party Sellers
Another retailer joins the third-party seller e-commerce trend.
Consumer
At Investor Day, Starbucks Plans Strategy “Reinvention” to Shake Things Up
Can Starbucks keep up with shifting consumption habits?
State Farm Ponies Up $1.5 Billion for Investment into ADT
ADT welcomes State Farm and Alphabet with open arms.
Australia Can’t Eat Avacado’s Fast Enough
If there was a Bat-signal that could reach free-spending Guacamole-loving millennials on the other side of the planet, the Australian board of tourism should start shining it. The nation Down Under is drowning in avocado. After drastically overestimating demand, Australian…
Extreme Weather Crimps Brazil’s Coffee Harvest
If caffeine isn’t enough of a jolt this morning, maybe some sticker shock can help. Coffee, already noticeably imbued with the bitter taste of inflation, is likely to get even pricier as farmers in world-leading coffee exporter Brazil face the…
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Medical Debt Will Be Surgically Removed from Your Credit Score
Your credit score may soon have a healthier glow. On Wednesday, VantageScore, a credit score provider owned by the industry’s Big Three, said it will stop factoring medical debt into its scores. Road to Financial Wellness Medical debt has reached…
Europe’s Heat Wave Could Crimp the Olive Oil Supply
It’s a pressing matter: a chef’s salad of European crises is about to send the price of oil skyrocketing once more. Olive oil, that is. Olive crops are getting scorched in the continent’s unrelenting heat wave, particularly in Spain, the…
Nike and Fanatics Ink Collegiate Sports Deal That Casts Both as Winners
Iconic sports apparel maker Nike and rising sportswear manufacturer Fanatics are enrolling in college together. Sort of. On Wednesday, the two companies announced a long-term deal that will see Fanatics produce Nike-branded replica jerseys, shorts, and other consumer gear for…
Inflation is Everywhere, But Some Grocery Items Are Getting Hit Worse Than Others
Keto, Whole30, intermittent fasting. Chances are you’ve heard about, attempted, or witnessed a friend trying out any one of these trendy diets in the past couple of years. But now a new diet is entering the mainstream: the inflation diet….
Car Loan Payments Are The Most Ever, Sometimes at Mortgage Levels
At this rate, nobody is going to show any interest in loans. The average monthly payment on a new car loan hit a record high of $686 in June, according to new data from auto sales site Edmunds, up 4%…
