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Bond Traders Jolted as Data Crushes Latest Fed Rate-Cut Hopes
Bloomberg via Yahoo Finance· 1 hour ago(Bloomberg) -- Traders’ hopes for a bond rally were dashed by surprise strength in the US labor...
Why the Recession Still Isn’t Here
The Wall Street Journal· 2 hours ago‘Folks who just can’t hang on’ After downturns in 2001 and 2008, asset prices slumped. Not this time. Surging stock and home prices, despite a brief...
McDonald's, Starbucks Struggle. Cava, Sweetgreen, Chipotle Are At All-Time Highs. What Gives?
Investor's Business Daily· 2 hours agoRestaurant stocks tell the tale. As the whole industry grapples with rising food and labor costs, ...
Do we really need $1M in retirement savings? Not even close, one top economist says
USA TODAY via Yahoo Finance· 10 hours agoBut only about half of those households report having retirement accounts at all. On this point,...
Campbell Soup CEO on how car insurance inflation is influencing the business of snacks
Yahoo Finance via AOL· 3 hours agoBut he acknowledges a sticky inflationary environment is causingconsumers to be more cautious at...
Poll: Many Michiganders don’t know about drug discount program
The Center Square· 1 hour agoConsumer Action for a Strong Economy, a non-profit free market advocacy organization, conducted an...
The low-end consumer ‘is really being stretched,' says Five Below CEO
NBC Bay Area· 1 day agoLower-income U.S. consumers are feeling stretched with their spending, Five Below CEO Joel Anderson...
Opinion: A tale of two American consumers
Lawrence Journal-World· 15 hours agoThe government measures all sorts of consumer behavior: consumer spending, consumer confidence, consumer sentiment ...
This week in Bidenomics: Please stop hiring
Yahoo Finance· 31 minutes ago(REUTERS/Kevin Lamarque) REUTERS / Reuters Overall, inflation has moderated from 9% in June 2022 to 3.4% today. That’s a tolerable inflation rate, but as...
Record Investment Income Fuels Continued Consumer Spending
PYMNTS.com· 2 days agoRising investment income, high household wealth and strong employment rates are keeping Americans...