November 20, 2024

Former financial toy GameStop wants to play the stock market

The GameStop logo is displayed at a terminal on the New York Stock Exchange's trading floor.

Photo: Michael M. Santiago/Getty Images (Getty Images)

Normally, when a company builds up a large cash position and doesn’t have much debt, it uses the money to buy back shares and reward investors. Not GameStop. Instead, the merchant-turned-meme stock announced that it will now allow CEO and chairman Ryan Cohen to invest its $900 million in cash and cash equivalents other companies’ shares.—Melvin Backman | Read more

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Restaurants are raising wages faster than their food prices

A Chipotle restaurant advertises that it is hiring on August 28, 2023 in Cambridge, Massachusetts, USA.

Restaurants operate in a very tight labor market.
Photo: Brian Snyder (Reuters)

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No, you don’t imagine—menu prices rise. But American restaurant workers are seeing their pay rise even faster than food prices, and that’s helping to break down wage inequality.—Michelle Cheng | Read more

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How to Find Holiday Shopping Discounts | Your wallet

How to Find Holiday Shopping Discounts | Your wallet

Shopping, deals and personal finance expert Kristin McGrath tells Quartz how to get the most bang for your buck while shopping for the holidays

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Is now the right time to buy Keurig Dr. Pepper stock for sale? | Smart investment

Is now the right time to buy Keurig Dr. Pepper stock for sale? | Smart investment

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Bryant VanCronkhite of Allspring Global Investments tells Quartz why he thinks Keurig Dr. Pepper could be a good investment regardless of what the Fed does

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Do “buy now pay later” plans really help boost people’s credit scores?

PayPal is shown on a smartphone in front of a computer screen showing an eBay window.

PayPal is one company that offers buy-now-pay-later options.
Image: Joe Raedle (Getty Images)

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With the season for buying gifts along with inflation, record numbers of Americans is turn to buy now pay later (BNPL) plans to avoid paying the full cost of items in advance. And according to a recent survey by data company PYMNTS, more than a third of them think it helps their credit scores.—Laura Bratton | Read more



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