A sign has been posted for a home for sale on July 14, 2022 in Corte Madera, California. Justin Sullivan | Getty Images According to a monthly report from the National Association of Realtors, sales of previously owned homes fell nearly 6% in July from June. Sales fell to an annualized seasonally adjusted rate of …
Home sales fell nearly 6% in July as the housing market slides into recession Read More »
People walk near the entrance to a Kohl’s department store in Doral, Florida, on June 7, 2022. Joe Raedle | Getty Images Kohl’s cut its financial forecast for the year again on Thursday, saying its middle-income customers were particularly pressured by higher inflation, which put a damper on sales of clothing, shoes and other discretionary …
Kohl’s cuts guidance and blames inflation on lower sales from middle-income buyers Read More »
Tencent runs the ubiquitous Chinese messaging app WeChat. The company has a short video feature in the app and has started monetizing it through video ads in the feed. Tencent said such ads could become a “substantial” source of revenue in the future. Budrul Chukrut | Sopa images | Light rocket | Getty Images Tencent …
As game sales slump, China’s Tencent signals a popular ad trend it’s betting on Read More »
