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Retail Sales Fall Short of Expectations in May
Investopedia· 3 days agoconsumers’ budgets strain to keep up with inflation and high interest rates. Retail sales rose 0.1% in May from April, the Census Bureau said Tuesday. It...
Millennials Most Prepared To Trade Down For Private Label
PYMNTS.com· 11 hours agoThe PYMNTS Intelligence study last year “Consumer Inflation Sentiment Report: Consumers Cut Back by...
Weak global trade seen hampering PHL recovery - BusinessWorld Online
BusinessWorld· 5 days agoDISRUPTED trade is hindering the economy from returning to its pre-pandemic levels with consumer ...
Welcome to 'peak boomer' era: A wave of retirees is about to blow through their savings and cling to...
Business Insider via Yahoo Finance· 2 days ago"They lack the protected income that many older Boomers have from solid pensions or higher savings."...
This week in Bidenomics: Signs of a slowdown
Yahoo Finance via AOL· 7 days ago“Households are now struggling more under the weight of higher interest rates and still-elevated consumer prices,” Capital Economics reported on June 14....
Biden White House applauds Walmart, Amazon for grocery discounts amid inflation fight
Morningstar· 15 hours agoThe Biden administration is celebrating recent evidence of lower prices at the grocery store, even as it argues that some retailers are not passing along savings from falling ...
Retailers are finally cutting prices. Will it last?
New Hampshire Union Leader· 5 days agoConsumers have been waiting for lower prices for what seems like forever. And now costs are finally going down. (Some of them, at least.)
New retail sales data show a fading consumer
Axios· 3 days agoWhy it matters: This might be the type of cooldown the Fed has longed for in its fight against inflation. Driving the news: The latest retail sales...
Welcome to the age of geriatric millionaires
Business Insider· 6 days agoThis story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. The average age of American millionaires...
How to choose between a fixed or tracker mortgage
The Telegraph via Yahoo Finance· 21 hours agoAfter all, if the past couple of years have taught us anything, it’s that the mortgage market can turn in a very short period of time. Having a new...
