Finance

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Morgan Stanley analyzes the intersection of memberships between Walmart, Amazon, and Costco, as reported by Investing.com

Recent insights by Morgan Stanley into the competitive arena of top subscription-based retailers, such as Walmart+, Amazon Prime, and Costco (NASDAQ:), reveal some interesting trends. Walmart+ is making significant progress, with its subscriber base reaching near-historic highs, thanks to strategic maneuvers like its Black Friday half-price membership deal. According to […]

Anticipations rise as China prepares to unveil much-awaited financial stimulus package

“Construction continues at Hongkong Land’s site in Shanghai, as of November 4, 2024. In Beijing, it is widely anticipated that further fiscal support will be announced this Friday, following the conclusion of a five-day parliamentary session. Government officials have consistently been increasing stimulus measures since late September, resulting in a […]

“Vanguard Settles $40 Million to Mutual Fund Investors Burdened with Hefty Tax Bills” reported by Reuters.

Vanguard Group, the leading American mutual fund asset manager, has decided to shell out $40 million in a settlement over a lawsuit. The suit alleged that the firm stuck regular investors of its renowned target-date retirement funds with unexpectedly hefty tax bills. The preliminary settlement of this proposed class-action suit […]

Technology Company Leaders Applaud Trump’s Election Triumph: As Reported by Investing.com

“Following a landslide triumph for President Donald Trump in the recent elections, the tech industry’s leading figures from Silicon Valley have come forward to extend their congratulations to the newly-elected President. Jeff Bezos, the founder of the renowned e-commerce platform Amazon.com, was among the earliest to convey his felicitations. Bezos, […]