Aiming for More Subscribers Interest in at-home workout solutions is cooling as the pandemic wanes. Peloton (PTON) currently has 6.6 million members, and the company is now tinkering with its pricing model in the hopes of attracting new customers. The firm’s competitors include Hydrow, Tonal, and Lululemon (LULU), which also [...]
Tail over Tea Kettle The fear-based moves in markets over the last few weeks have brought a phrase back into our conversations — curve inversion. Let’s explore what that is, what it signals about investor sentiment, and why it’s used as a forward-looking indicator. The Long and Short of It [...]
Prices Rising Faster Than Wages Inflation is increasing at its fastest annual pace in 40 years, and Americans’ purchasing power is taking a hit. Economists explain this is because while wages have grown by 5.1% over the past 12 months, the latest CPI data show prices rose 7.5% within the [...]
Fees Set to Rise Next Month After postponing fee increases during the pandemic, both Visa (V) and Mastercard (MA) plan to raise fees charged to some large merchants when consumers pay by credit card. These charges, known as interchange fees, have swelled over the last decade — with a whopping [...]
Fast Food Has Taste for Blockchain Promotions are nothing new for the fast-food industry, which often includes limited-time menu options and similar offers. As companies look to reach a younger audience, this can sometimes include the use of new technology to boost consumer interaction. The latest promotional trend involves blockchain [...]
Activists Investors Make Push Kohl’s (KSS) executives kicked off the week by holding an investor-day event and sharing the company’s long-term plans. The meeting came amid ongoing pressure from activist investors, who want the retailer to consider selling itself. Engine Capital and Macellum Advisors have criticized how Kohl’s performed during [...]
Oil Prices Into the Stratosphere Since Russia’s invasion of Ukraine, the price of oil has skyrocketed and now easily exceeds $100 per barrel — the highest level in decades. Because fuel is the airline industry’s second-biggest expense after labor, some analysts are making downward revisions to profit estimates. This comes [...]
Electric Vehicles in Vogue As automakers embrace a move toward electric vehicles, the need for technological expertise is driving new partnerships. Sony (SONY) and Honda (HMC) plan to form a partnership and establish a company that will build electric vehicles. They anticipate offering their first vehicle in 2025. Sony is [...]
The economic and financial effects of Russia’s invasion of Ukraine are being felt across all parts of life, from the gas station to the stock market. Anyone looking to fill up their car with gas recently has seen the impact firsthand. According to AAA, the average price for a gallon [...]
Connecteam Snags $120 Million to Reach the Deskless Job Market Connecteam, a New York-based software company, raised $120 million in a Series C round. This funding comes on the heels of a $37 million Series B round in April 2021. The company develops technology to serve the deskless job market, [...]
