Business

The fourth quarter of the fiscal year is a crucial period for retailers. It is a time when companies strive to meet sales targets and impress investors with their financial performance. Recently, Abercrombie and Fitch, Lululemon, and American Eagle Outfitters announced positive updates to their fiscal fourth-quarter outlooks. However, the response from Wall Street varied,
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In 2023, pickup trucks maintained their position as America’s favorite vehicles. However, a surprising contender almost disrupted this trend. The Toyota RAV4, a compact crossover, came within 10,000 units of Stellantis’ Ram pickup truck, threatening to break the dominance of trucks in the top three U.S. sales podium positions. This would have been the first
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The threat to global trade in the Red Sea remains a significant concern, despite efforts to protect commercial vessels from attacks by Iranian-backed Houthi militants based in Yemen. Danish shipping giant Maersk’s recent decision to suspend Red Sea and Gulf of Aden transits until further notice highlights the ongoing challenges faced by the U.S.-led initiative,
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