Luxury stocks may be a risky China stimulus bet
CNBC: Investing
OCTOBER 19, 2024
Chinese consumer spending once powered luxury companies to all-time highs. With sluggish economic growth, the outlook for the sector might not be the same.
Sat.Oct 19, 2024
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Book Review: ‘Savings and Trust,’ by Justene Hill Edwards
The New York Times: Banking
OCTOBER 19, 2024
A book by the historian Justene Hill Edwards charts the rise and fall of the Freedman’s Bank, founded at the end of the Civil War for the formerly enslaved.
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Trending Sources
Analysts are excited about these corporate earnings reports coming next week
CNBC: Investing
OCTOBER 19, 2024
CNBC Pro screened FactSet data for well-liked companies where analysts have raised earnings estimates by at least 5% in the past three and six months.
American Business Cannot Afford to Risk Another Trump Presidency
The New York Times: Banking
OCTOBER 19, 2024
Donald Trump is not running as a champion of business. He is running as a tribune of populist grievance.
Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers
Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert
In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.
D.E. Shaw, Mantle Ridge zero in on key fixes to build shareholder value at Air Products
CNBC: Investing
OCTOBER 19, 2024
Both activists want to address CEO succession planning and capital allocation at the company.
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