Dollar General, The Discount King
Founded by J.L. Turner and Cal Turner SR., the enterprise has grown into one of the leading retail enterprises in the United States. With over 17,000 stores across 46 states in the United States, DG delivers everyday low prices on frequently used and replenished products.
Go Deeper (11 min read)2021, A Year In Review
China's crackdown on large online enterprises, combined with a housing market meltdown, has wiped over a trillion dollars off the country's markets this year.
Go Deeper (3 min read)Due to high valuations and less supportive Federal Reserve policies, Jim Paulsen of The Leuthold Group forecasts a 10% to 15% fall next year. However, due to ongoing solid GDP and profit growth, he anticipates a large market setback to be temporary.
Go Deeper (2 min read)Buy Now Pay Later Tumbles - Time To Buy?
Following the opening of an inquiry into the sector by the US consumer authority, shares of numerous "Buy Now, Pay Later" (BNPL) companies plummeted.
Go Deeper (2 min read)LSE's Lackluster Performance
London's attempt to compete with New York by transforming its stock market into a refuge for fast-growing technology businesses is stumbling as trading volumes decrease and some big-ticket initial public offerings fail.
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The Fed's Dovish Taper
The Federal Reserve said on Wednesday that it will begin reducing its monthly asset purchases this month, with plans to terminate them in 2022, signalling the start of its tightening cycle.
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U.S. Consumer Confidence Rises
Consumer confidence in the United States unexpectedly increased in October, indicating that economic development was picking up after a tumultuous third quarter, as concerns about high inflation were countered by strengthening labor market prospects.
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Russian IPO Activity Ticks Up
As the global economy improves and fears about new Western sanctions recede, Russian IPO activity is heating up. By the end of the year, the Moscow Exchange aims to have 10 share listings.
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PayPal's $ 45B Bid For Pinterest
PayPal Holdings has made an offer to purchase digital pinboard site Pinterest Inc for $45 billion, a combination that may presage additional financial technology and social media mergers in e-commerce.
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Futu And Tiger Brokers Under Pressure
Futu Holding and UP Fintech Holding (the company behind Tiger Brokers), both U.S.-listed Chinese online brokerages, face regulatory concerns when China's new personal data privacy law takes effect on November 1, according to an analysis on the People's Daily website.
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All Eyes On India
Investors have been directing money into India's stock market, which Goldman Sachs predicts could rise to more than $5 trillion in three years, making it the world's fifth largest.
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