Keurig Dr Pepper has a new top finance executive. Anthony DiSilvestro is stepping in as the new Chief Financial Officer (CFO). He's coming from Mattel, where he was the CFO for five years. DiSilvestro will be based in Burlington and will report to CEO Tim Cofer. This change comes at an interesting
The Nasdaq composite took a hit on Tuesday, ending a brief winning streak. Investors are worried about the growing competition in the artificial intelligence (AI) sector. Nvidia and other tech stocks saw a decline. This happened after a report said Meta is thinking about spending a lot on Google's A
The Federal Reserve's next move is under scrutiny as recent economic indicators hint at a slowdown. Retail sales have taken a dip, signaling that consumers might be tightening their belts. This isn't just a small blip; it's a notable decline that could have broader implications. Meanwhile, the ADP
In the heart of Pennsylvania, a unique holiday spectacle unfolded. For two days, the Buffalo Valley Produce Auction transformed into a winter wonderland of sorts. The event showcased around 50, 000 Christmas trees, along with a vast array of wreaths, crafts, and other festive items. Buyers from vari
Retail stocks are not all performing equally in the current economy. Some are doing well, while others are struggling. Walmart is one of the winners. It beat expectations and raised its forecast. This shows it is attracting shoppers from different income levels. Home Depot and Lowe's had mixed resu
Target is going through a rough patch. The company's profits took a big hit in the third quarter. This is a sign that the holiday season might be tough for them. Target is planning to spend more money next year. They want to fix up their stores and build new ones. This will cost them a lot of money
Bitcoin recently dropped below $100, 000, causing a stir among regular traders. This isn't the first time it's happened this month, and it's left many feeling unsure. Ethereum and XRP aren't faring much better, with traders turning cautious. This kind of uncertainty often shows up when the market i
Walmart's stock has seen a remarkable rise since Doug McMillon took the helm in 2014. It has more than quadrupled in value, outperforming many of its competitors. Only Amazon and Costco have seen better returns in that time. Target, Dollar General, Dollar Tree, Kroger, and Albertsons have all lagged
Walmart is saying goodbye to its long-time CEO, Doug McMillon, who will retire early next year. The company has chosen John Furner, currently heading Walmart's U. S. operations, to take the reins starting February 1st. This news came as a surprise, causing a brief dip in Walmart's stock prices befor
People are changing how they spend money, and it's affecting big stores. High earners are now looking for deals, not just luxury items. They're eating at places like McDonald's and Applebee's more often. Even rich shoppers are buying cheaper brands or going to stores like Walmart and Dollar General.
