Pinterest beats estimates on ad spending recovery, strong user growth

Image-sharing company Pinterest Inc reported better-than-expected quarterly results on Thursday, benefiting from strong user growth and heavy advertising by e-commerce retailers during the holiday season. Shares of the company jumped nearly 10% in extended trading as its first-quarter sales growth forecast of a rise in the low 70% range also beat Wall Street expectations of […]

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Pandemic vices are putting more consumers in debt: ‘It’s 100% instant gratification’

Alcohol, cigarettes, adult entertainment and lottery tickets are just some of the items 70% of Americans are splurging on during the pandemic, a new survey from financial services company MagnifyMoney suggests. The survey polled 1,550 Americans between Jan. 8 and Jan. 11, almost a full year since the virus became widespread in the U.S., and […]

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Loop startup uses milkman-like service to promote recycling, sustainability

A reusable packaging company is trying to bring milkmen back all in the name of sustainability. New Jersey-based recycling business TerraCycle launched its “circular shopping system,” Loop, in 2019 to “save the world from single-use plastics.” And since then, environmentally conscious consumers have been able to shop for groceries and household products that come in […]

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