“The growing middle-/high-income population in China will continue to fuel demand for upscale hotels,” the UBS report says. “Currently, both the number of upscale and luxury hotel guest rooms and the ...
A recent warning from Consumer Reports highlights a troubling trend: scammers are preying on holiday shoppers by offering unbelievably low prices on everything.
Consumer companies fell as optimism about holiday shopping season faded. Shares of department stores such as Macy's and Kohl's, which rallied earlier in the week, lost 3% or more. Suntory, the ...