In a surprising move, the Federal Reserve has cut its key interest rate for the second time this year, aiming to boost economic growth and hiring amid ongoing inflation concerns. Fed Chair Jerome Powell warns that future cuts aren't guaranteed as the government shutdown complicates economic reporting.
As Netflix prepares to release its Q3 earnings, investors are eager to see if recent price increases and a new advertising tier can sustain growth amid tightening consumer budgets. Will diversification dilute its core focus on quality content?
As tariffs continue to rise, American families are feeling the strain on their grocery budgets. From skyrocketing prices to empty shelves, consumers share their struggles in this eye-opening report.
The Amex Platinum card's annual fee is rising to $895, sparking debate on its value. With new perks aimed at Millennials and Gen Z, is it worth the cost? Find out what consumers think!
Despite predictions of economic slowdown, the U.S. economy continues to show unexpected strength with a robust GDP growth rate. Analysts are re-evaluating their forecasts in light of new data, highlighting resilience in consumer spending and business investment.
Nike is bracing for a decline in quarterly sales, but investors are eager to see if CEO Elliott Hill's new strategy will turn things around. With restructuring underway, can Nike reclaim its market share before the holiday season?
US retail sales continue their upward trend, rising 0.6% in August, marking the third consecutive month of growth. This unexpected increase showcases consumer resilience despite inflation concerns.
Global markets are rattled as bond yields reach historic highs amid rising public debt and geopolitical tensions. Investors react to Alphabet's antitrust victory, while Kraft Heinz announces a split. Is a financial crisis looming?
Macy's reported impressive second-quarter earnings, beating Wall Street expectations. With revamped stores and a strategic focus on high-performing segments, the retailer is optimistic about the future despite tariff challenges. Discover how Macy's is reshaping its approach to thrive in a competitive market.
The S&P 500 faced a setback as AI stocks like Dell and Nvidia faltered, amid rising inflation concerns. Despite strong consumer spending, analysts predict interest rate cuts from the Fed next month.
