US mall owners have been slow to change for years. But now they’re trying to embrace it

As 2018 comes to an end, it's been announced that more than 146 million square feet of retail space will be shut across the U.S. in malls and shopping centers, according to real estate research group CoStar.
Real Estate

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Neiman Marcus ‘pleased’ with sales despite slow holiday

Luxury department store chain Neiman Marcus is having a ho-hum holiday. The Dallas-based company said comparable sales rose just 2.8 percent from a year ago in the quarter ended Oct. 27, compared with 4.2 percent growth in the same period last year. Its net sales dipped 3 percent, to $ 1.1 billion. “I’m pleased that our…
Business | New York Post

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Goldman Sachs believes the US economy will slow to a crawl next year

Goldman sees economic growth slowing to below 2 percent in the second half of 2019 as the Fed continues to raise rates and the effects of the tax cut wear off.
Economy

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Goldman Sachs: The economy needs to slow down to avoid a ‘dangerous overheating’

A thriving labor market is part of a continuing economic boom that will have to slow down or it eventually will cause trouble, according to a Goldman Sachs analysis.
Economy

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The first emoji was created in 1999 in Japan, and since then their popularity has steadily increased to the point where they’re now indispensable. 

Why send a wordy response when you could send that face with the tears of joy? You know the one, that was named Word of the Year by the Oxford Dictionary in 2015

So profound has been the impact that emoji have had on popular culture that they are on literally everything from bags to cushions to slippers 

You can make savings on such products in today’s daily deals round up. You can save on a poo emoticon pillow, an emojis shoulder book bag, an emoti puppy cushion, and more. Read more…

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Tech

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The Fed’s interest rates push could slow down the economy

When will rising interest rates be a real problem for the stock market? Nobody has the answer to that question, although a lot of people are venturing guesses now that rates are climbing steadily. The problem with those guesses is that a complex combination of factors is at work. The stock market suffered sizeable declines…
Business | New York Post

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