A shopper carries a Madewell bag in Chicago, Illinois. Scott Olson | Getty Images Madewell’s planned IPO may finally break it free of struggling parent J.Crew, but the denim maker will then be alone to fight big-name denim competitors like Levi Strauss, Wrangler, and American Eagle. The company, which hasn’t …

Members of the media take photos as a Sotheby’s staff poses for a photograph with Banksy’s ‘Devolved Parliament’ which has an estimated value of 1.5-2 million British pounds in a forthcoming sale in London, Britain September 27, 2019. REUTERS/Simon Dawson LONDON (Reuters) – A Banksy painting of primates sitting in …

U.S. consumer spending barely rose in August, suggesting that the economy’s main growth engine was slowing after accelerating sharply in the second quarter. The Commerce Department said on Friday consumer spending, which accounts for more than two-thirds of U.S. economic activity, edged up 0.1% last month as an increase in …

One could say Brett O’Brien knows a thing or two about fueling for performance. He’s been leading the sports drink and performance food brand Gatorade since 2012. “Literally, my professional life is all about fueling athletes and making sure that they’re hydrated properly,” O’Brien, senior vice president and general manager …

The IPO market saw another disappointing debut as Peloton skidded in its first day of trading. The fitness stock declined 11% to $25.76 on Thursday, below its IPO price of $29 a share, and the second-worst public debut of a unicorn this year. The rest of the stocks that have …

Sterling slipped below $1.23 against the dollar after a Bank of England policymaker said the next move for the central bank could be a rate cut.  Speaking to local businesses in Northern England, Bank of England policymaker Michael Saunders said the U.K. could be looking at an interest rate cut …

Soldiers of People’s Liberation Army stand inside tanks at a drill during an organized media tour at a PLA engineering academy. Petar Kujundzic | Reuters Beijing has not only become a major defense spender, but increasingly analysts say China is also turning into a top arms exporter. Over the past …

Ethan Brown, founder and CEO of Beyond Meat, prepares to ring the opening bell to celebrate his company’s IPO at the Nasdaq Market site in New York, May 2, 2019. Brendan McDermid | Reuters Beyond Meat stock jumped on Thursday and that’s putting pressure on the hundreds of millions of …

Pedestrians pass in front of a TD Ameritrade location in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Interactive Brokers will now make any amount of your stock trades without commission fees, threatening rival brokerage firms. Shares of retail brokerage firms TD Ameritrade, Charles Schwab, and ETrade …

Talk about a call beyond belief. McDonald’s announcing plans to test Beyond Meat’s plant-based products in Canada didn’t exactly come as a surprise to TradingAnalysis.com founder Todd Gordon, who told CNBC’s “Trading Nation” last week that the charts were signaling a potential tie-up between the two companies. Beyond Meat’s stock …