Christian Klein, Co-CEO of German software and cloud computing giant SAP, speaks during a press conference to present SAP's financial results for 2019 on January 28, 2020 in Walldorf, southwestern Germany. - German software giant SAP reported a bottom line undermined by heavy restructuring costs, but lifted forecasts for the...
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IMF warns on China’s property market worsening as it cuts country’s growth outlook
Chinese flags for sale on Nanjing East Road in Shanghai, China, on Wednesday, Oct. 2, 2024.Qilai Shen | Bloomberg | Getty ImagesThe International Monetary Fund (IMF) warned of a possible worsening of the state of China's property market as it trimmed its growth expectations for the world's second-largest economy.In a...
Elections, hurricane damage and more: Here are four factors that will shape holiday shoppers’ purchases
People look at the holiday window displays at a Macy's store in Herald Square on December 11, 2023 in New York City.Michael M. Santiago | Getty ImagesInflation may have cooled, but retailers are still staring down a holiday season with plenty of uncertainty.Several hard-to-predict factors will influence consumers' spending, as...
Top Wall Street analysts like these stocks for their growth prospects
Optimism around artificial intelligence has helped lift the S&P 500 in 2024, boosting key chip stocks and power plays in the utilities space.Investors seeking sustainable returns will need to look for companies with solid long-term growth potential.To this end, top Wall Street analysts, with their expertise, can help investors understand...
Why I paid $95 to recycle a mattress โ and you might, too
The author paid a company, Renewable Recycling, to pick up and recycle his queen-size mattress in New York City.Greg IacurciI paid $95 to recycle a mattress.It may sound odd, silly even, to pay so much to dispose of a run-of-the-mill household item.But the economics of mattress recycling illustrate why it...