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A trader works on the floor of the New York Stock Exchange (NYSE) November 8, 2021.Brendan McDermid | ReutersStock picks and investing trends from CNBC Pro:Markets were closed on Thursday for Thanksgiving, so stocks are coming off of slight gains on Wednesday that staunched the week's losses for the
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krisanapong detraphiphat | Moment | Getty ImagesBlack Friday and Cyber Monday are almost here — and consumers shopping for the winter holidays should be on the lookout for online scams.U.S. sales online are expected to hit $207 billion this holiday shopping season, between Nov. 1 and Dec. 31, according
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A delivery driver of the Turkish delivery service "Getir" rides his bicycle.Michael Kappeler | picture alliance | Getty ImagesLONDON — Turkish start-up Getir on Tuesday agreed to acquire British rival Weezy, in the latest sign of consolidation in the ultrafast grocery delivery market.Istanbul-based Getir, which aims to ship essential
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Shares of salad chain Sweetgreen closed up 76% Thursday afternoon, surging in the company's public market debut.The stock opened at $52 a share, giving the company a market value of more than $5.5 billion. The company priced its initial public offering at $28 a share Wednesday evening, above its
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The Klarna logo displayed on a phone screen.Jakub Porzycki | NurPhoto | Getty ImagesLONDON — Buy now, pay later services aren't just popular among consumers. They're also proving to be a hit with criminals.Fraudulent activity is on the rise at some of the largest buy now, pay later (BNPL)
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It may be evidence inflation is meaningfully stretching budgets.According to economic forecaster Lakshman Achuthan, Wall Street is ignoring a striking consumer spending slowdown that will translate into an underwhelming holiday season."There's still this narrative that the rebound is there," the Economic Cycle Research Institute co-founder told CNBC's "Trading Nation"
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Packages of Chobani yogurt sit on the shelf at a grocery store July 7, 2021 in Washington, DC.Drew Angerer | Getty ImagesYogurt and oat milk maker Chobani on Wednesday filed to go public on the Nasdaq Exchange under the symbol "CHO," becoming the latest food and beverage company to
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Leon Neal | Getty Images News | Getty ImagesLONDON — Amazon plans to stop accepting payments made via Visa credit cards issued in the U.K. starting next year.The e-commerce giant has told some customers that, from Jan. 19 onward, the company will no longer accept Visa credit cards issued
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailCNBC's Josh Lipton joins 'Squawk on the Street' from Black Rifle Coffee Company, where Lipton reports on the veteran-founded and focused coffee company. Evan Hafer, Black Rifle Coffee Company CEO, has plans to go public in order
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ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailDennis Nguyen, CEO of Vietnam-based Society Pass, outlines the company's growth plan in Southeast Asia using the capital it raised from its stellar Nasdaq debut. Source link
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