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GameStop shares rise as retailer meme stock buys first bitcoin batch, scooping up $500 million

A general view of the GameStop logo on one of its stores in the city center of Cologne, Germany. Ying Tang | Nurphoto | Getty Images GameStop said Wednesday it has officially bought 4,710 bitcoins, worth more than half a billion dollars, as the video game retailer began its crypto purchasing plan in a similar move … Read more

T.J. Maxx and Marshalls can ‘insulate’ themselves from tariffs because their business model is scooping up other retailers’ unsold inventory

T.J. Maxx and Marshalls parent company TJX has an advantage over its discount retail rivals, analysts said. TJX is an off-price retailer that sources much of its inventory from other retailers’ unsold products, meaning it doesn’t have to pay tariffs on the bulk of its goods. Moreover, consumers continue to pull back on discretionary goods … Read more

Baby boomers are beating millennials in a housing showdown, scooping up homes in all cash

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