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The American shopping spree is losing steam
CNN Business via Yahoo Finance· 2 hours agoAmericans power economic growth with their spending, and they’re being buffeted from every direction. US consumers unleashed a tsunami of...Such...
Australia’s Economy Barely Registers Pulse in First Quarter
The Wall Street Journal· 1 hour agoThe slowdown was led by weakness in retail spending as household budgets remain under stress after...
Bad News Is Good News?
GuruFocus.com via Yahoo Finance· 10 hours agoFighting against these headwinds has been the tsunami of corporate investing dollars piling into the Artificial Intelligence (AI) spending tidal wave. I...
US job openings fall to the lowest level since 2021
KREM.com Spokane· 10 hours agoThe high level of job openings reflects a surprisingly strong U.S. labor market. When the Federal Reserve began raising interest rates in March 2022 to...
Price cuts, weaker spending could bolster Fed's faith in inflation outlook
Reuters via AOL· 5 days agoWASHINGTON (Reuters) -Price cuts by major U.S. retailers and new data showing a slowdown in consumer...
Bond Markets Are Sniffing Out Trouble. It’s Unrelated to Inflation.
Barrons.com· 6 hours agoThe fourth quarter is “the time where we might actually think about and be prepared...shifting...
ECB is likely to jump ahead of the Fed by cutting rates on June 6
Washington Post· 16 hours agoWall Street has been waiting all year for lower interest rates and later this week, it will probably...
JPMorgan’s Jamie Dimon is bracing for stagflation, but the economy could be headed for a 1950s-style...
Fortune via Yahoo Finance· 6 hours ago“Indeed, there are reasons to believe that can continue,” Allen said. “Low unemployment is often a...
Eurozone Unemployment Hits Record Low
The Wall Street Journal· 6 days agoThe eurozone’s unemployment rate ticked down to 6.4% from the 6.5% where it had been since November last year, a sign that the jobs market is stronger...
‘How can you tell me it won’t lead to stagflation?’ Jamie Dimon says ‘extraordinary’ government ...
Fortune via Yahoo Finance· 6 days ago"I look at the amount of fiscal and monetary stimulus that has taken place over the last five...
