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Economy

Retailer Party City files for bankruptcy, will wind down 700 stores

By Mrinmay Dey (Reuters) – Party City, which has been struggling since the COVID-19 pandemic, filed for Chapter 11 bankruptcy protection in…
Economy

Energy storage needs to grow 34x by 2050: Where will this come from?

Investing.com — Energy storage is expected to grow by 34 times by 2050, according to UBS. The current capacity of approximately 270…
Economy

Will federal government spending be slashed in 2025?

Investing.com — The U.S. federal government’s $6.8 trillion spending in fiscal 2024 is unlikely to see significant cuts next year, despite calls for…
Economy

North Korea’s Kim Jong Un calls for stronger rural economies, state media says

SEOUL (Reuters) – North Korean leader Kim Jong Un called to step up development of the country’s industrial production in regions outside…
Stock

U.S. housing market to improve in 2025, but challenges persist

Investing.com — The U.S. housing market is expected to see mild improvements in 2025, but elevated mortgage rates and affordability challenges will continue…
Stock

GLP-1: Barclays on why 2025 could be an inflection point

Investing.com — The landscape of GLP-1 drugs, which are widely recognized for their efficacy in weight loss and diabetes management, is poised…
Stock

MedTech sector outlook for 2025: RBC

Investing.com — RBC Capital Markets is feeling bullish about the MedTech sector heading into 2025, noting a robust environment driven by innovation,…
Stock

Retailer Party City files for bankruptcy, will wind down 700 stores

By Mrinmay Dey (Reuters) – Party City, which has been struggling since the COVID-19 pandemic, filed for Chapter 11 bankruptcy protection in…
Investing

How Vuori reached a $5.5 billion valuation by taking share from Lululemon

When athleisure brand Vuori launched in 2015, it was headquartered in a garage, sold only men’s shorts and couldn’t get investors to…
Investing

Malls are using new restaurants to draw consumers as shopping centers reinvent themselves

Malls used to be the destination for the buzziest stores. Now they’re home to the hottest restaurants. The slow death of department…
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