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Retail sales rise a meager 0.1% in May from April as still high inflation curbs spending
San Francisco Chronicle· 2 hours agoConsumers barely increased spending in May from April as still high prices on groceries and other...
May retail sales rise 0.1%, weaker than expected
CNBC· 5 hours agoRetail spending was weaker than expected in May as consumers continued to wrestle with stubbornly higher levels of inflation. Sales rose just 0.1% on the...
Housing inflation will need to come down before the Fed can think about cutting rates, BofA says
CNBC· 2 hours agoWith multiple signposts showing that inflation is receding, Federal Reserve officials will be ...
North American Morning Briefing: Retail Sales Eyed For Clues on Consumer Spending
Morningstar· 7 hours agoAfter April saw zero retail sales growth, economists expect May spending will have risen by 0.2%. "This could ease some concerns about the strength of the consumer ...
China’s Manufacturing ‘Overcapacity’ Could Imperil Domestic Industry, AAM Warns
Sourcing Journal via Yahoo Finance· 2 hours agoAccording to a May poll of over 2,000 U.S. adults by Morning Consult, 80 percent believe the federal...
Shopping carnival features shift in demand
China Daily· 25 minutes agoData from e-commerce giant JD, which initiated the midyear promotional event, showed that the number of shoppers buying domestic brands surged more than 40 percent year-on-year over the weekslong ...
The American people and trust in the era of compound volatility: KPMG research
Retail Banker International via Yahoo Finance· 7 hours agoGen Z and millennials are more open to digital banking, alternative lending, and...such as their...
Fed rate-cut timing shifts after retail sales data
TheStreet via Yahoo Finance· 4 hours agoGasoline-station sales were down 2.2%, the report indicated, after Energy Department data showed the national average slipped 0.2% from April to $3.725...
The Zacks Analyst Blog Highlights ASM International, Henkel AG and DuPont de Nemours
Zacks via Yahoo Finance· 4 hours agoProducts and technologies...The unit provides engineered products and integrated systems for a range...
US imported inflation subdued; consumer sentiment slides to seven-month low By Reuters
Investing.com· 4 days agoU.S. import prices fell for the first time in five months in May amid lower prices for energy...
