Category: Business

Dive Brief: Convenience store retailer Racetrac Petroleum has revealed plans to expand to South Carolina with two new c-stores set to open in Columbia, according to a report by The State. The stores will be located about three miles apart from each other — one at the intersection of Garners Ferry and Fountain Lake roads, […]

As inflation takes a bigger chunk out of everyone’s cash flow, dollar stores are increasingly attractive alternatives to traditional department or grocery stores. Who doesn’t want deeper discounts on everyday items? Not as enticing, however, is the idea of throwing on clothes and schlepping through bins to find bargains. Enter online dollar stores, where most […]

Despite food inflation that has plagued the entire economy over the past year, Americans continue to buy snacks — particularly at c-stores. Strong sales will likely continue this year as Americans flock to convenient, healthy and indulgent snacks. In 2022, snack sales in c-stores surged 12% to nearly $11.6 billion, while sales in all outlets […]

Novelist Ning Ken first saw Beijing’s Zhongguancun neighborhood in 1973 as a 14-year-old on a school trip to the Summer Palace, former imperial gardens looted by European troops during the Opium Wars. “At that time, once you passed the zoo, Beijing was just countryside and farmland,” he says, recalling the bus ride heading northwest. Out the […]

The artificial intelligence (AI) market has been on a swift growth path for several years – so much so that the industry is expected to reach $42.4 billion in 2023. This momentum will continue, and we’re starting to realize it with the debut of powerful new AI-powered tools and services across industries. There has been a shift […]

To celebrate the launch of our 2023 Global Forecast Series, we’re offering all VC+ subscribers a bonus gift – ‘Our Best of VC+ in 2022’. BONUS GIFT Subscribe to VC+ and receive ‘Our Best of VC+ in 2022’. Everyone who subscribes before Dec 30th will receive a specially curated list of all the best VC+ […]

The Top 20 Cities for the World’s Ultra-Wealthy How many millionaires, centimillionaires, and billionaires live in the world’s wealthiest cities? While such metrics are not all encompassing, these measurements of private wealth do help put the financial health and economic activity of some of the world’s wealthiest cities in perspective. This infographic uses information from […]

Dear Penny, My husband’s parents have always expected their adult children to pay their way for restaurants and vacations, and whenever they need or want something that they don’t want to purchase. My father-in-law says his kids can afford it because they all have better jobs than he had, but he never paid for college […]

You know you’re supposed to buy low and sell high when you invest, so a bear market should be a bargain sale. A bear market is generally defined as a drop of 20% or more from recent stock market highs. The S&P 500, often used as a benchmark for the overall U.S. stock market, has […]

If you’ve had “sit down and do my taxes” on your to-do list for a little while, we’ve been there — tax season is not exactly something to look forward to each year. If anything, it’s something most of us dread, wondering how to put everything together, how the rules have changed since last year, […]