3 Things About Chewy That Smart Investors Know

Chewy (NYSE: CHWY) has had an eventful journey in its relatively short life. It was founded in 2011 as an online retailer for pet food and other pet-related products. It was then acquired by PetSmart in 2017, launched an online pharmacy for pets the following year, and was spun off in an IPO in 2019. Read More...

AP Finance

US dollar scarcity threatens Bolivia’s ‘economic miracle’

Sofia Andrade, a lawyer, chose over the past month to withdraw all her dollar savings from the bank as the US currency became scarce on the streets of Bolivia. Like her, many Bolivians are withdrawing their dollar deposits or rushing to buy the US currency amid increased concern about Bolivia’s economic fragility, a marked change for a country that for more than a decade experienced what many called an “economic miracle” amid strong growth, record exports, low inflation, a fixed exchange rate and subsidized gasoline.

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