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Retail sales were unchanged in April from March as inflation and interest rates curb spending
CBS News· 7 days agoAmericans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome. Retail sales ...
What is consumer sentiment, and what does it tell us?
The Week via Yahoo Finance· 24 hours agoWhen consumers are not feeling so great about the state of the economy, that in turn "weakens demand...
Market Denial Gets Hammered Again
GoldSeek.com· 6 days ago"It maybe speaks to the fact that people are now positioned for disappointing growth data, slower inflation data, rate cuts, and this morning... it caught people wrong footed ...
Consumers' outlook on the economy continues to contrast with the data
CBS Austin· 2 days agoAmericans are uncertain about the future of the economy with higher prices outweighing stable job...
What’s really happening in America’s economy (Trump and Biden spin aside) - ABC17NEWS
ABC17 NEWS· 5 days agoThere are millions of job openings and the unemployment rate is low. You’d think that would mean the economy is coasting, since periods of low ...
As more Californians fall behind in making debt payments, one group stands out
LA Times via Yahoo Finance· 5 days agoStubbornly high inflation and interest rates are taking an increasing toll in California. New data...
Major US bank boss issues grim economic warning
Newsweek· 7 days agoDimon made the comments in an interview with CNBC at the JPMorgan Global China Summit in Shanghai. Dimon's warning comes at a time of heightened...
Why is the economy so weird right now?
Reason.com· 7 days agoLowrey cites the low jobless rate—under 4 percent!—and higher wage growth than we experienced during Barack Obama's administration. Pundits have, of...
The Yield Curve Is Inverted—but There’s Still No Recession. What Gives?
Barrons.com· 6 days agoThe Treasury yield curve inverted in 2022, yet the economy continues to grow. Quantitative easing...
Trying to buy a house is 'playing a game you can't win'
BBC News· 3 days agoWhen Nathan Wilkins moved back in with his mother and sister in 2019, he hoped it would help him...