It's the economy, stupid! (Finance-related news)

[TsingTao]

It's not weird, we all grew up with Toys R Us. Sadly I don't think it will be the same, and I don't expect it to succeed. Drastically less floor space means less products, and they have some (I think) goofy ideas for using that limited space. I hope I am wrong but I expect it will be a very different store that expects to thrive because it bought the Toys R Us name.

[Tokitoki]

It seems like their designs, based on the renderings, are sort of like the LEGO stores you see in malls. Maybe they won't have that great magnitude they did in the 90s, but I think some of the magic will still be there.

I live close enough to Paramus that I'd be able to check it out when they're finally opening.

[Moss]

Is it weird that I'm excited for Toys R Us to try to make a comeback?

I used to love going into a Toys R Us as a kid and wandering the aisles looking at all the toys. Department stores like target and Walmart were never as satisfying. I'd like the same experience with my daughter in a few years.

Ah, memories of Pokemon card meetups on Saturday mornings

Sent from my Pixel 2 using Tapatalk

[6souls]

https://apnews.com/180dcb7d98874e6d868f74386657b3c5

Nissan to cut 9% of its global workforce (12,500 jobs).

Nissan is slashing 12,500 jobs or about 9% of its global workforce to cut costs and achieve a turnaround amid tumbling profits, the Japanese automaker said Thursday.

Nissan Motor Co. also said it will cut global production capacity by 10% and reduce model lineups by at least 10% by the end of fiscal 2022.

Nissan Chief Executive Hiroto Saikawa said most of the jobs cut will be auto plant workers.

A company presentation said more than 6,400 jobs would be eliminated in eight unspecified locations by the end of this fiscal year. Another 6,100 will come by fiscal 2022, it said.

[Zealot]

Not feeling super great about the global economy.

Sent from my SM-N960U using Tapatalk

[Fiye]

https://www.ftc.gov/enforcement/case...ach-settlement

Get your money nerds

[BerenTebogo]

[archibaldcrane]

https://www.ftc.gov/enforcement/case...ach-settlement

Get your money nerds

Filed, $125 ain't bad. Apparently my wife wasn't affected though, sucks.

[BerenTebogo]

Filed, $125 ain't bad. Apparently my wife wasn't affected though, sucks.

Just submit the claim anyway, takes 2 seconds.

[zoobernut]

Just submit the claim anyway, takes 2 seconds.

It says on the website you can only submit a claim if you were effected. Or is that more of a "suggestion" but they don't actually stop you from filing a claim?

[Salodin]

What are they gonna do, just not give you the money?

Sent from my SM-G975U using Tapatalk

[zoobernut]

What are they gonna do, just not give you the money?

Sent from my SM-G975U using Tapatalk

I don't know I guess that is what they would do. That is why I was asking. Seems like a huge oversight if they have a system in place to see if you were effected then don't use that same system as a barrier of entry into the submit a claim system.

[Salodin]

For how easy it is to apply, no reason to not try imo /shrug

Sent from my SM-G975U using Tapatalk

[Jaybar]

You can charge up to 10 hours of your time at 25$/hr without any backup. If you charge more than 10 you need to show them those receipts.

[djzombie]

Just put in my claim, 125$ and 10 hours @ 25$/hr, should total 375 bucks.

[6souls]

https://www.marketwatch.com/story/he...ext-2019-07-26

Hershey to raise their wholesale price of candy by 10% before the end of the year. Mars has also announced a price increase.

The price hikes will be at the wholesale level and will amount to about 10%, according to a Hershey spokesperson. Retailers set their own prices for their customers. Steven Voskuil, Hershey’s chief financial officer, said on the call that “a few select customers” loaded up on inventory in anticipation of the price increases.

“We’ve evolved our pricing approach from one in the past that was very much more cost and commodity-driven to much more of a strategic pricing capability, where we think strategically across the portfolio at where we have opportunity on an ongoing basis more than versus that kind of episodic approach,” she said.

Halloween is going to be a little more expensive this year.

[Zealot]

This is happening because regional turmoil and climate change are making cocoa used to make chocolate harder to get.

Sent from my SM-N960U using Tapatalk

[Andalusian girls]

in a historical anomaly the Fed is expected to cut interest rates despite unemployment being near a record low, stocks being at a record high, and the extant cheap cost of capital failing to stimulate demand.

[6souls]

in a historical anomaly the Fed is expected to cut interest rates despite unemployment being near a record low, stocks being at a record high, and the extant cheap cost of capital failing to stimulate demand.

https://twitter.com/realDonaldTrump/...07406812782592

[TsingTao]

Desperate for 4% growth. It won't work.