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Japan’s service activity extends gains on solid demand, PMI shows
KFGO· 1 hour agoTOKYO (Reuters) - Japanese service sector activity grew at the fastest pace in eight months in April...
Starbucks sales are slumping. Is it a bellwether for the economy?
ABC News via Yahoo Finance· 2 hours agoStarbucks shares have plummeted more than 17% in value since the company revealed a sales slump in...
UK consumer spending softens in April, surveys show By Reuters
Investing.com· 4 hours agoBarclays said annual growth in consumer spending on its payment cards slowed to 1.6% in April, its...
FIS raises annual profit forecast on strong consumer spending By Reuters
Investing.com· 5 hours agoPayment processors such as FIS collect transaction fees from financial institutions and businesses...
Today's 30-year mortgage rates fall, while 15-year terms hold steady | May 6, 2024
FOX Business· 13 hours agoThe interest rate on a 30-year fixed-rate mortgage is 7.125% as of May 6, which is 0.250 percentage...
How Should You Play Affirm (AFRM) Ahead of Q3 Earnings?
Zacks via Yahoo Finance· 9 hours agoAccording to a report by Adobe Analytics, BNPL services drove online spending in November 2023,...
Retailers jacked up prices and squeezed consumers. They might have just blinked
CNN Business via Yahoo Finance· 1 day agoRetailers are feeling jittery. Consumers aren’t shopping like they used to. In a game of chicken...
US Pandemic Savings Have Finally Been Spent, SF Fed Study Says
Bloomberg via Yahoo Finance· 8 hours ago(Bloomberg) -- US households have exhausted the pile of cash squirreled away during the pandemic,...
Get Ready for Weaker Growth and Higher Inflation. The Consensus Was Wrong.
Ludwig von Mises Institute· 13 hours agoThe weak GDP figure for the first quarter came with a double negative: poor consumer spending and...
The High Cost of Low Interest Rates: Are You Really Saving Money?
GOBankingRates via Yahoo Finance· 8 hours agoThe Federal Reserve failed to cut interest rates in the latter half of 2023 -- in fact, they're...