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.
Wall Street's major indexes fell as inflation data exceeded targets, raising concerns over tariffs and interest rate cuts. With tech stocks leading the decline and key economic reports on the horizon, investors are on edge.
Soho House announces a $9 per share buyout, causing shares to soar over 15%. With Ashton Kutcher joining the board and a new CFO, questions arise about the future of this exclusive club amidst industry challenges.
U.S. retail sales rose 0.5% in July, driven by strong vehicle demand and major retailer promotions, but fears of a slowing economy and rising inflation could dampen consumer spending ahead.
