You Searched For "US retail sales" and got 20 results
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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
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
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…
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
The US economy is in a 'selective recession' as lower-income consumers struggle and high-income households see huge wealth creation, JPMorgan strategist says
The top 10% of Americans have gained a whopping $30.5 trillion in wealth since 2020, according to F…