Fed Chair Jerome Powell announced that the central bank will maintain interest rates amid rising inflation concerns linked to tariffs. This decision could impact borrowing costs and consumer spending in the coming months.
US retail sales have dropped for the second month in a row, signaling consumer anxiety over tariffs and finances. Could this mark the end of the early-year spending spree? Find out more!
As the U.S. braces for a crucial inflation report, concerns mount over President Trump's tariffs and their potential to raise consumer prices. Major retailers like Walmart are hinting at unavoidable price hikes, signaling a shift in economic sentiment.
China's producer deflation hits its worst level in nearly two years, with consumer prices also declining. The economy struggles amid trade tensions and weak domestic demand, raising expectations for policy stimulus.
In a surprising twist, American car buyers paid slightly less for new vehicles in May, despite the introduction of new tariffs on imported cars and parts. This minor price dip raises questions about demand and spending habits in the auto market.
Dollar General's latest earnings beat expectations, revealing a surge in revenue and attracting higher-income shoppers. CEO Todd Vasos discusses strategies to retain this new customer base amidst economic uncertainty.
In a surprising twist amid economic uncertainty, Dollar General has raised its financial forecast, reporting a 2.4% sales increase as shoppers flock to dollar stores for better deals. CEO Todd Vasos shares insights on changing consumer behavior and tariff impacts.
Dollar General's shares jumped over 10% following a robust earnings report, revealing a shift in customer demographics as more middle- and higher-income shoppers flock to the discount retailer amidst tariff fears.
As inflation and interest rates soar, many Americans are struggling to manage their finances. With rising debt loads and increasing defaults, the economic outlook is grim for households. Discover how these factors are affecting consumers and their spending habits.
Home Depot stands firm on its sales forecast despite tariff challenges, aiming to keep prices steady while navigating a tough housing market. Learn how their strategy differs from Walmart's!
