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Consumers Splurge on Services, Fixed Investment Surges, Imports Drag on GDP
Seeking Alpha· 5 days agoIn Q1 2024, consumers spent very vigorously on services at the fastest growth rate since 2021,...
Peso sinks to new 17-month low - BusinessWorld Online
BusinessWorld· 6 days agoTHE PESO sank to a fresh 17-month low against the dollar on Thursday, even moving closer to the P58 level intraday, due to stronger-than-expected US durable goods data. The local unit closed ...
Luxury Brands Have a New Challenge. Ordinary Rich People Are Pulling Back.
Barrons.com· 3 days agoWhile the ultrawealthy have been happy to keep spending, shoppers just a rung lower on the income...
U.S. consumer sentiment falls as inflation expectations climb - Indianapolis Business Journal
Indianapolis Business Journal· 5 days agoU.S. consumer sentiment fell in April on dimmer views of personal finances and the economy as inflation expectations climbed. The University of Michigan’s final April index ...
A Fed meeting, jobs report, and more Big Tech earnings: What to know this week
Yahoo Finance via AOL· 2 days agoUpdates on job openings, activity in the services and manufacturing sectors, and consumer confidence...
WRAPUP 2-Tepid US core capital goods orders point to weak business equipment spending
Reuters via Yahoo Finance· 7 days agoThe report from the Commerce Department on Wednesday was published ahead of the release on Thursday of the government's advance estimate of gross domestic product for the January-March quarter ...
Why Is Made-In-The-U.S. Apparel Manufacturing Taking Another Beating?
Forbes· 23 hours agoIt has been a long, difficult past year and a half for American garment making. In the past 17...
Gold corrects amid caution ahead of US data-packed week
The Forex Market· 7 days agoGold price eyes more downside amid caution ahead of US core PCE Price Index data. Apart from the US...
Tepid US core capital goods orders point to weak business equipment spending
Reuters· 7 days agoThe economy is expected to have delivered another quarter of strong performance, thanks to a...
Fed’s Preferred Core Inflation Gauge Rose at Brisk Pace in March
Bloomberg via Yahoo Finance· 5 days ago(Bloomberg) -- The Federal Reserve’s preferred gauge of underlying US inflation rose at a brisk pace...