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You Searched For "US retail sales" and got 20 results


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2 mins read

China's population decline is having a big impact as marriages, diamond sales, and retail spending drop

Just 3.4 million couples in China got married in the first half of 2024, a 50% decline from what wa…

Jennifer Sor   


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4 mins read

America's shopping spree is over and retailers are facing a new world of cautious consumers

76% of consumers said they planned to trade down in the next quarter, spelling trouble for the weak…

Jennifer Sor   


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FADA urges banks to tighten funding to dealers as rains play spoilsport in August

Auto sales in India experienced a significant decline in August 2024, primarily due to excessive ra…

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1 min read

Stock market today: Indexes rise on upbeat retail sale data ahead of Fed meeting

Retail sales boosted confidence in the US consumer a day ahead of the Fed's anticipated interest ra…

Filip De Mott   


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The US economy is strong enough that Fed rate cuts aren't even warranted, JPMorgan strategist says

Most traders expect the Fed to make a big initial rate cut, but one strategist says it's not necess…

Kelly Cloonan   


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All the data is pointing to a soft landing in the US economy, top economist says

"The bottom line is that the US economy is not in a recession, and there are no signs of a recessio…

Matthew Fox   


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Retailers are highlighting two very different realities emerging among squeezed US shoppers

While Walmart, T.J. Maxx, and Nordstrom say middle-income shoppers are still spending, Dollar Gener…

Alex Bitter   


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The US consumer is strong and fears of a recession are 'overblown' based on the latest earnings results, Goldman Sachs says

Accounting for the recent flurry of upbeat data points, Goldman's Jan Hatzius reduced the probabili…

Matthew Fox   


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Stock market today: Indexes rise after retail sales boosts confidence on the consumer and the economy

Indexes rose after a surprise 1% jump in retail sales. Bond yields jumped as traders dialed back fe…

Kelly Cloonan   


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1 min read

Don't get spooked by recession fears. The US is well on its way to a soft landing, Goldman Sachs says

Analysts from Goldman Sachs say the US is on its way to a soft landing, with recent volatility fue…

Kelly Cloonan   


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3 mins read

Warren Buffett's company is so big it's like a mini US economy. Here's what it signals about the state of consumers.

Warren Buffett's Berkshire Hathaway owns scores of companies across a range of industries, and stro…

Theron Mohamed   


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3 mins read

Pets, sports, and Disney might end up rescuing China's ailing consumer economy

China's pets, sports, and cultural IP economies are poised for rapid growth, with supply currently …

Kelly Cloonan   


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2 mins read

Chinese retail giants tried to juice spending with iPhone and Lululemon discounts in an annual shopping bonanza

618 is seen as a key indicator of China's general retail temperature — and early results were…

Shubhangi Goel   


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3 mins read

Gold prices drop by Rs 5,000/10gm post Budget; bring cheers to retail investors

After the duty cut, the yellow metal has declined Rs 5,000 per 10 grams or 7.1% in the past three s…

PTI   


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2 mins read

Stock market today: Indexes rise as traders assess earnings and retail sales beat estimates

Consumer spending remained strong in June, reducing fears of a pullback that could trigger economic…

Filip De Mott   


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5 mins read

75 artists received $9,000 each in a basic income trial. The cash helped a yarn guru to buy a house and a new car.

Fiber artist Tori Hanna used the $500 a month to replace her damaged car, cover debts and bills, an…

Theron Mohamed   


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Stock market today: Indexes rise as traders assess weak May retail sales data

Retail spending fell below estimates, while previous months were revised lower. Treasury yields dro…

Filip De Mott   


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Why the Fed will cut rates in September and then stop for the year, chief economist says

After an initial rate cut next month, the Fed will adopt a wait-and-see approach going forward, Tor…

Filip De Mott   


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The economy is flashing a recession signal that's only been seen 4 times in the last century, veteran economist Steve Hanke says

A recession is coming in the US by early next year, one John Hopkins economist predicts.

Jennifer Sor   


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Jennifer Sor