Tariff threats and uncertainty could weigh on consumers, drag down US economy, gov’t report suggests
Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be ...
PCE Report: January Inflation Matches Estimates
The Personal Consumption Expenditures (PCE) report is out and it brings a deep dive into the state of the U.S. economy and ...
How Walmart sent a chill through Wall Street
Wall Street eased from record highs after Walmart forecasted slower sales, and saw its stock drop. The outlook raised ...
Tariff threats and uncertainty could weigh on consumers and drag down the economy, government report suggests
Data released Friday showed that consumers slashed their spending by the most since February 2021, even as their incomes rose ...
Trump's Plan To Rein In Regulators Could Erode Market Trust, Says $2.3 Trillion Asset Manager
The chief investment officer of Europe’s largest asset manager warned Monday that President Donald Trump‘s recent executive ...
Inflation Eased. Why It Isn’t a Sigh of Relief for the Fed or Consumers.
The year-over-year gain in the Fed’s preferred measure of inflation was in line with economists’ expectations and slowed from ...
Friday's 'economic blackout day' boycott shows shoppers are fed up with high prices. Will it hit retailers where it hurts?
The companies singled out for skipping during Friday's economic blackout include behemoths like Amazon (AMZN), which is worth $2.27 trillion, and Walmart (WMT), worth over $770 billion. Neither ...
Consumers to Boycott Target, Walmart and Amazon in Feb. 28 ‘Economic Blackout’
Retailers like Target, Amazon and Walmart have found themselves at the center of grassroots calls on social media (now in the ...
People are worried about their jobs. Here's why that matters for stocks and bonds.
Total U.S. employment sits around 160 million, but there are some 9 million federal employees and contractors potentially worrying about their jobs, according to Torsten Slok, chief economist at ...
The week ahead – US Payrolls, ECB rate meeting, ITV results – W/c 3rd March
Having overseen another rate cut in January, the ECB has cut rates 5 times since June last year when it became the first major central bank to start its cutting cycle. With headline CPI currently ...