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Retail Sales Confirm Continued Consumer Spending Pullback
The Conference Board· 2 days agoNominal retail sales edged up by 0.1 percent in May following a 0.2 percent decline in April. Real retail sales (i.e., sales adjusted for inflation) also rose by 0.1 percent in May after a dramatic 0.5 percent decline in April.
Labour will put us on the road to serfdom
Daily Telegraph· 9 minutes agoStarmer could hardly have made it clearer: his party plans to tax the productive to bribe dependent voters
Economic Outlook: Saving, Investment and Productivity Growth | JD Supra
JD Supra· 7 days agoSince 2006, the year before the onset of the Global Financial Crisis (GFC), real GDP per capita in Canada has grown at an average annual rate of 0.4%, well ...
Why the Far Right Is No Longer an Existential Threat to Europe
The Wall Street Journal· 1 hour agoYet even if it defies Brussels, the RN’s room for maneuver remains circumscribed by the euro. French...
How Nvidia took over the world – and where it goes from here
The Independent US via AOL· 12 hours agoThis would take its market value close to $5 trillion. The forecast is based on Nvidia’s anticipated...
Consumers tapping out amid sticky inflation and slowing job market
TheStreet via Yahoo Finance· 19 hours ago“Ultimately, the key driver of labor demand is economic activity, and GDP growth has slowed...
Gambling on Democracy
The Dispatch via Yahoo News· 8 hours agoHe’s four years older too, and appears confused at times in his public appearances at an unnervingly regular rate. Intangibles like the “soul of the...
Opinion | Soaring U.S. Debt Is a Spending Problem
The Wall Street Journal· 8 hours agoRevenue is stable, but outlays are reaching new heights as a share of GDP.
Can The AI Boom Outrun Budget Deficits — And Save The S&P 500?
Investor's Business Daily· 2 days agoThe economy faces serious constraints as the federal debt swells. AI could help by fueling...
Biden’s America is doing fabulously well
The Day· 20 hours agoLife is not perfect in Joe Biden's America, but when was it ever perfect? Just looking at the numbers, though, things are pretty great. Stock prices are hitting record highs. Higher prices remain a concern for many, but inflation has much moderated.
