Macy's Slams the Door on 66 Locations in Latest Store Closure WaveMacy's plans to close 66 more stores as part of a strategic overhaul, focusing on 350 key locations by 2026 amid declining demand.
Despite Weak iPhone 16 Sales, Apple’s AI Strategy Could Secure Its FutureApple faces declining iPhone 16 sales, but analysts remain optimistic about long-term growth driven by advancements in Apple Intelligence.
Exxon Mobil Faces $1.2 Billion Loss Amid Falling Oil Prices and Refining MarginsExxon Mobil's Q4 results were hit by lower oil prices and refining margins, leading to significant earnings declines despite asset sales.
Luxury Wine Market Struggles as Prices Drop 9% in 2024, With China’s Weak Demand to BlameHigh-end wine prices continue to fall due to weak demand in China, with several indices showing significant declines in 2023.
Japanese Car Makers’ Downward Spiral: Production Falls for 7th Straight MonthJapanese automakers face a production decline, with Honda and Nissan exploring a business integration to enhance competitiveness.
Why China’s Declining Marriages Are Killing the Diamond MarketDiamonds face a demand decline, with De Beers reporting $2B in inventory and reduced production amid competition from lab-grown alternatives.
Japan’s Economic Challenges Exposed: GDP Takes a Hit, Falling Behind South Korea for the First Time in DecadesJapan's economy faces a sharp decline, with per capita GDP dropping behind South Korea for the first time since 1980.
Bitcoin Plunges 7% in Its First Decline Since Trump’s Election—Is the Bull Run Over?Bitcoin has seen its first weekly decline since Trump's election, dropping over 7% amid changing Fed policies and market uncertainty.
Diesel Vehicles Lose Ground in Europe – Will 2025 Be the Final Blow?European diesel vehicle sales decline continues, with market share dropping to 13.1% amid rising battery-electric vehicle sales.
Is NVIDIA Losing Its Edge? Stock Declines While Competitors Like Broadcom RiseNVIDIA's stock has dropped below $140, raising concerns as competition from Broadcom grows, signaling a shift in tech leadership.
China's Population Crisis: Set to Shrink by 51 Million in a DecadeChina's population is projected to decline significantly, leading to economic challenges due to low birth rates and an aging population.
China’s Population Keeps Dropping, Needs Trillions to Avoid CollapseChina's population has declined again due to young people's aversion to marriage and childbirth, signaling a worsening demographic crisis.
Elon Musk's X Investment Disaster: $15 Billion Lost and What It Means for the FutureTesla CEO Elon Musk's acquisition of X (formerly Twitter) has seen its valuation plummet to $15 billion within just six months.
China’s First-Ever Degree in Marriage: Why Schools Are Training Future MatchmakersChina's Civil Affairs University (CCAU) will create a new undergraduate marriage program and enroll 70 new students this September.
How Short Sellers Cashed in on Nvidia's DeclineNvidia short sellers have made a profit through a three-day sell-off. According to data analysis company Ortex Technologies on the 25th (local time), Nvidia short sellers made about $5 billion in paper profits through a drastic sell-off over the previous three rounds. Furthermore, with Nvidia’s 6.6% drop on Monday, short sellers raked in $2.4 billion, […]
Starbucks' Price Hike Backfires, Driving Away Even Its Most Devoted FansStarbucks reported that its global sales at the beginning of this year decreased by 1.8% compared to last year.
Tesla's China Sales Dip: What's Behind the Drop in April Figures?Tesla's retail sales in China in April were 31,421 units, down 21.4 percent from a year ago. Based o ...
The Decline of South Korean ReadersAccording to recent findings, about six out of ten South Korean adults did not read even a single book last year. According to the 2023 National Reading Survey released by the Ministry of Culture, Sports and Tourism on the 18th, the comprehensive reading rate, which signifies the percentage of adults who read or listened to […]
China's Birth Rate Drops, Over 20,000 Kindergartens Closed Their DoorsSome kindergartens were converted into elderly education centers Due to China’s declining birth rate, over 20,000 kindergartens have closed their doors within the past two years. On the 26th, the Chinese economic media Jeil Economy quoted statistics from the Chinese Ministry of Education, reporting that the number of kindergartens in China as of the end […]
Apple and AMD News Sends Tech Stocks Tumbling, Nasdaq Falls Over 2%On March 5th (Eastern Standard Time), the three major indices of the New York Stock Exchange fell for the second consecutive day. According to Yonhap News, the Dow Jones Industrial Average ended at 38,585.19, down 404.64 points (1.04%) on the New York Stock Exchange (NYSE). The Standard & Poor’s (S&P) 500 index closed at 5078.65, […]
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