Singles Day broke records in China

The shopping mega phenomenon of “Singles Day” might have broken all the records records in China, but it failed to capture the attention of U.S. consumers, according to a report released Wednesday. The Adobe Digital Index showed that the 24-hour sale celebrated on Nov. 11 has become the largest shopping…

Apple cuts orders to create recovery

Apple chip suppliers tumbled Today on Wall Street after the iPhone 6S maker reportedly cut its November orders by about 10% to orders because of waning Asian demand for the phone. Although many expected them to make the cuts, they were “sooner and much deeper” than anticipated. Most expected it to…

Monster has eyes on China for 2016

Monster Beverage Company announced onThursday that it plans to break into the Chinese market during the first half of 2016, as a distribution deal with Coca-Cola that pushes its energy drinks to many more markets around the world gets started. At this time, Monster has an agreement with Coca-Cola or…

China could be the determining factor when it comes to commodities

It seems the rather painful sell-off in some commodities may be over for now, but a blast of major Chinese economic reports that are coming early next week could put any recent rallies to the test come next week. Many Wall Street strategists have said they see signs of a broader…