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Economy Softens & Inflation Retreats; “Higher For Longer” Looks To Be A Policy Mistake
Forbes· 2 days agoPer Economist David Rosenberg, it would have been closer to an annualized stall speed of +0.5% had it not been for a drop in the savings rate from 4.0% to 3.6% (was 5.1% in last year’s Q2).
The turnaround of Abercrombie & Fitch is finally here
Retail Dive· 4 days agoS&P Global Ratings on Tuesday raised its issuer credit rating on Abercrombie & Fitch Co. to BB from BB-, citing last year’s strong sales, margin expansion, inventory management, pricing power ...
GDP, inflation data isn't 'some brink' for the U.S. consumer, says TCW
Morningstar· 3 days agoDwindling savings and a pullback in consumer spending to start 2024 were in focus Thursday, after U.S. economic growth in the first quarter came in less robust than expected. The personal savings ...