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Francisco Velasquez

Francisco Velasquez

Quartz

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What will a Memorial Day cookout cost you under inflation?

Inflation won’t keep Americans from spending cash on Memorial Day weekend – even if it’s more expensive than it once was. Read more...

latest 10

Quartz

Francisco Velasquez

Comcast has a price for its streaming bundle

Comcast hopes it can get ahead of Disney in the streaming-bundle battle. Read more...

yesterday 7

Quartz

Francisco Velasquez

Target's woes are making room for growth at T.J. Maxx and Walmart

Target’s in some trouble – and its woes may be helping other discount retailers like Walmart and even T.J. Maxx.Read more...

yesterday 7

Quartz

Francisco Velasquez

Red Lobster tells customers it's not closing down after bankruptcy filing - 'root for us'

“Root for us,” Red Lobster told customers in its latest statement on X, the platform formerly known as Twitter. The crustacean purveyor filed for...

yesterday 10

Quartz

Francisco Velasquez

Amazon is planning to give Alexa an AI update and charge a monthly fee

Amazon is giving its voice assistant Alexa an AI -powered update – and it plans to charge for it too. Read more...

yesterday 10

Quartz

Francisco Velasquez

Target earnings miss as inflation weary consumers cut back on groceries and apparel

Target isn’t doing so well in the inflation economy. Read more...

yesterday 7

Quartz

Francisco Velasquez

Wendy’s is offering a $3 meal deal to rival McDonald’s $5 offer

The fast food chain meal deal wars are heating up. This time, Wendy’s is making a bid to reach inflation weary consumers with a $3 breakfast...

previous day 20

Quartz

Francisco Velasquez

Nestle is launching a food brand designed for Ozempic and Wegovy users

Nestle is getting into the weight loss business. Read more...

previous day 10

Quartz

Francisco Velasquez

Macy's beats earnings expectations as turnaround strategy attracts more affluent shoppers

Macy’s is trying to find a sweet spot that resonates with cash-strapped consumers and shareholders and it seems to be, at least for now, working....

previous day 10

Quartz

Francisco Velasquez

Lowe's stock pops even as consumers hold off on making big ticket purchases

Lowe’s is continuing to face headwinds as it grapples with a slowdown in home sales, higher interest rates, and a pullback in consumer spending.Read...

previous day 10

Quartz

Francisco Velasquez

The 10 fastest growing job markets in America for young workers

In today’s job market, young professionals have to consider a number of factors when they decide to embark on their professional journey — and...

previous day 10

Quartz

Francisco Velasquez

FDIC chair says he's ready to resign once a successor is confirmed

Federal Deposit Insurance Commission (FDIC) chairman Martin Gruenberg said on Monday that he is ready to resign once his successor is confirmed by the...

previous day 20

Quartz

Francisco Velasquez

The workday lunch is losing its appeal. Consumers are saving that cash for the weekend instead

Consumers may be holding off on spending money during their weekday lunch excursion, but that doesn’t mean they’re not splurging on the weekend....

monday 10

Quartz

Francisco Velasquez

Skechers is the first company to buy Super Bowl ad space for next year

Skechers is already making plans for next year’s Super Bowl. Read more...

monday 9

Quartz

Francisco Velasquez

The 10 most dangerous states to work in America

Getting hurt on the job, in some instances, can turn fatal. Often times, those injuries are caused by workplace hazards, such as heavy machinery or...

monday 20

Quartz

Francisco Velasquez

A former Facebook and Nike DEI manager was sentenced to 5 years in prison for a $5 million fraud

A former diversity program manager at Facebook and Nike was sentenced to five years and three months in prison after pleading guilty to stealing...

17.05.2024 20

Quartz

Francisco Velasquez

Skechers sees a boost in sales while Nike and Adidas growth lags

Discretionary consumer spending isn’t affecting all footwear companies equally. For Skechers, its wholesale partners seriously boosted sales for...

17.05.2024 10

Quartz

Francisco Velasquez

No, Chili's isn't closing its doors. But a lot of big chain restaurants are shutting locations

Restaurant chain Chili’s was recently flooded with claims that it was closing all of its doors. It isn’t. But that doesn’t mean that Chili’s...

17.05.2024 50

Quartz

Francisco Velasquez

Walmart layoffs, McDonald's $5 meal, and Target's Pride merch: Retail news roundup

In the world of retail, McDonald’s $5 meal deal is finally happening, and it includes fries. Walmart had a week: corporate layoffs, remote worker...

17.05.2024 40

Quartz

Francisco Velasquez

Cannabis stocks pop after Biden moves to reclassify marijuana

The Biden Administration is taking the next step to reclassify marijuana as a less dangerous drug under federal law, the Justice Department said in...

16.05.2024 10

Quartz

Francisco Velasquez

Under Armour is laying off workers as it looks to deal with declining sales

Under Armour is laying off a chunk of its workforce as it braces for a predictable decline in sales from its North America market, it said in its...

16.05.2024 20

Quartz

Francisco Velasquez

Walmart stock pops as high earners reach for discount groceries

Walmart’s sharp retail wit is resonating well with consumers, especially high-income shoppers. Read more...

16.05.2024 10

Quartz

Francisco Velasquez

Grocery prices have finally started to fall for the first time in months

There’s a small glimmer of hope for U.S. consumers: grocery prices finally fell in April after being up during the two previous months.Read more...

16.05.2024 10

Quartz

Francisco Velasquez

2 crypto thieves have been charged in a $25 million Ethereum heist

The U.S. Department of Justice has arrested two brothers for attacking the Ethereum blockchain and stealing $25 million worth of cryptocurrency...

15.05.2024 10

Quartz

Francisco Velasquez

McDonald's is launching its $5 Meal Deal this summer in a bid to win inflation-weary customers

McDonald’s is moving forward with its plan to launch a $5 meal deal in a bid to win over carefully spending consumers.Read more...

15.05.2024 50

Quartz

Francisco Velasquez

The 10 biggest philanthropists in America

Philanthropy is considered by some to be the cornerstone of a stable and free society, in part because it can help improve people’s lives and...

15.05.2024 10

Quartz

Francisco Velasquez

Read the Walmart memo ordering remote employees to relocate

A top Walmart executive told employees Tuesday that the retailer would slash hundreds of corporate positions and aska majority of its remote...

15.05.2024 10

Quartz

Francisco Velasquez

NTSB publishes a preliminary report on the Baltimore bridge collapse

The National Transportation Safety Board (NTSB) on Tuesday published a preliminary report on the Baltimore bridge collapse that took place on March...

15.05.2024 20

Quartz

Francisco Velasquez

Elon Musk's Starlink will be used aboard all of Carnival's ships

Elon Musk’s ventures have spanned land and space. Now, he’s going to sea.Read more...

14.05.2024 50

Quartz

Francisco Velasquez

Fatburger's parent company isn't letting a federal investigation of its chairman stop its IPO

Fatburger’s parent company Fat Brands is looking to slim down its business. The company has “confidentially” filed for an IPO of its Twin Peaks...

14.05.2024 40

Quartz

Francisco Velasquez

Comcast is launching a streaming bundle to keep up with Disney

The streaming bundle wars are heating up. This time, Comcast is getting in on the craze.Read more...

14.05.2024 20

Quartz

Francisco Velasquez

Walmart is laying off hundreds of corporate employees and telling remote workers to relocate

Walmart is reducing its headcount just ahead of quarterly earnings. The Wall Street Journal, citing unnamed sources familiar with the matter,...

14.05.2024 30

Quartz

Francisco Velasquez

Walmart earnings are coming. Here's what to watch

Consumers are holding their wallets tightly. Inflation continues to push prices up, increasing demand for cheaper goods, and leaving retailers like...

14.05.2024 40

Quartz

Francisco Velasquez

McDonald's $5 meal deal could win back inflation-weary customers, Bank of America says

McDonald’s has high hopes that a $5 meal deal will help it bring back price-cautious consumers – and one analyst says it could, so long as it’s...

14.05.2024 30

Quartz

Francisco Velasquez

Kraft Heinz might sell Oscar Mayer

Kraft Heinz is thinking about selling its iconic hot dog brand Oscar Mayer. The Wall Street Journal, citing anonymous sources familiar with the...

13.05.2024 10

Quartz

Francisco Velasquez

Melinda Gates is leaving the Gates Foundation to pursue her own charity

American philanthropist Melinda French Gates will resign from her post as co-chair of the Gates Foundation, the organization she co-founded with...

13.05.2024 30

Quartz

Francisco Velasquez

800 climate activists in Germany tried to break into Tesla's factory

Climate activists protesting Tesla’s expansion tried to storm its gigafactory in Germany on Friday.Read more...

11.05.2024 70

Quartz

Francisco Velasquez

McDonald's hopes a $5 Meal Deal will win back inflation-weary customers

McDonald’s wants to introduce a $5 meal deal in an effort to win over cash-strapped consumers. Read more...

10.05.2024 40

Quartz

Francisco Velasquez

Red Lobster's owner wants to sell its stake by the end of the year

Red Lobster’s owner, Thai Union Group, is planning to sell its remaining stake in the seafood chain by the end of the year, it said in a...

10.05.2024 40

Quartz

Francisco Velasquez

Cocoa's price may have finally tempered, says financial firm Rabobank

Cocoa’s price rally may have peaked, according to financial firm Rabobank, which pointed to falling prices for the commodity in New York and...

10.05.2024 50

Quartz

Francisco Velasquez

Target is only selling Pride Month products in some stores after last year's backlash

Target doesn’t want another Pride Month backlash. The retailer appears to be making good on its promise that it would change this year’s ...

10.05.2024 50

Quartz

Francisco Velasquez

Aldi's price cuts, Krispy Kreme's best day, and IHOP and Applebee's struggle: Retail news roundup

In retail news, Applebee’s and IHOP say customers are ditching their higher priced menu items for tenders and burgers. Aldi wants to compete with...

10.05.2024 30

Quartz

Francisco Velasquez

Apple issues a rare apology for its iPad 'Crush' ad that shows guitars and pianos being destroyed

Apple issued a rare apology on Thursday for its iPad Pro “Crush” commercial after it faced widespread backlash from users who said it did not...

10.05.2024 10

Quartz

Francisco Velasquez

Aldi is slashing prices as it looks to win the inflation-era grocery wars

Discount grocer Aldi wants to give consumers a break from sticky inflation – at least for a little while. The company is cutting prices on more...

09.05.2024 10

Quartz

Francisco Velasquez

Beyond Meat stock plunges 14% because it's raising prices and needs cash

Plant-based company Beyond Meat is struggling to reach even the healthiest of consumers — and it needs to raise cash quickly. Read more...

09.05.2024 20

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Francisco Velasquez

Krispy Kreme had its best sales day ever thanks to Valentine's Day

Consumers didn’t just have love on the brain on Valentine’s Day. They also appeared to be pop-eyed for Krispy Kreme’s heart-shaped doughnuts,...

09.05.2024 60

Quartz

Francisco Velasquez

'Buy now pay later' is expected to drive $81 billion in online spending this year, Adobe says

Persistent inflation has forced shoppers to look for cheaper goods. In some cases, that has meant paying off items in small increments. And for the...

09.05.2024 60

Quartz

Francisco Velasquez

Airbnb stock falls after it issues a weaker second quarter guidance

Travelers may be powering Airbnb’s nights and experiences. But they didn’t keep shares of Airbnb from falling by 7% in after hours, trading at...

08.05.2024 10

Quartz

Francisco Velasquez

Self-checkout could be curbed under a new California bill

California could be the case study that changes how retailers use self-checkout. Read more...

08.05.2024 30

Quartz

Francisco Velasquez

IHOP and Applebee's owner says inflation has people switching from pricey menu items to the cheap stuff

Dining out can be a short getaway from the everyday hustle. But today, that simple joy is also a cost-cutting opportunity. Read more...

08.05.2024 40

Quartz

Francisco Velasquez

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