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The major averages rebounded strongly this week as quarterly earnings came in largely better than expected and interest rates fell on softer economic data. The Dow Jones Industrial Average rose more than 5% for its best week since October 2022. The big theme next week is earnings and the four portfolio companies delivering their quarterly results. Here's the full rundown of all the important domestic data in the week ahead as we consider a number areas of our portfolio for trades next week. ET: Treasury budget statement for October (See here for a full list of the stocks in Jim Cramer's Charitable Trust.)
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French regulators lift ban on online marketplace Wish
  + stars: | 2023-03-14 | by ( ) www.reuters.com   time to read: +1 min
March 14 (Reuters) - ContextLogic Inc (WISH.O) said on Tuesday that France had lifted the ban on its e-commerce marketplace, Wish, after it was delisted from search engines and app stores over concerns about product safety. France's General Directorate for Competition Policy, Consumer Affairs and Fraud Control (DGCCRF) banned the U.S.-based firm's listings in November 2021 on grounds that it had found a large proportion of products on the Wish site to be dangerous. "France is an important market to us, and we look forward to a continued partnership with DGCCRF in the future," Wish's compliance chief, Joanna Forster, said in a statement. The company said users will now be able to download the Wish app from Google's Play Store while it will be restored on Apple's App Store in the coming days. Reporting by Eva Mathews in Bengaluru; Editing by Maju SamuelOur Standards: The Thomson Reuters Trust Principles.
Over 6,000 adults around the world shared their "bad gift" experiences in a new survey. Gifts related to weight loss — including a scale, a gym membership, and other weight loss items — also were among the top 10 worst gifts, according to the respondents. Though not on ContextLogic's list of bad gifts, candles have taken hits for being less than ideal, according to Women's Health Magazine's "13 Gifts That Are Better Than A Candle." The list of the 10 "worst gift ideas," according to thousands of adults around the world. Defective items bought at discount (28%)Fruitcake (23%)Weight loss items (21%)Political gifts (20%)Out-of-style clothing (16%)Cheap chocolates (13%)Christmas ties (13%)Weight scale (12%)Knockoff luxury items (10%)Gym membership (10%)
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