As U.S. stocks ended the week with mixed results, the Michigan Consumer Sentiment Index revealed a drop in economic confidence. UnitedHealth saw a surge after Berkshire Hathaway increased its stake, while Sunrun soared on strong earnings. Get the full market recap!
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.
U.S. stagflation fears are shaking global markets as inflation data pressures Treasuries. Wall Street reacts sharply, and investors brace for potential rate cuts amid rising economic concerns.
Donald Trump's nomination of E.J. Antoni as BLS commissioner raises alarms among economists. Critics from both sides question his qualifications and the potential politicization of vital economic data. Could this decision undermine public trust in job market statistics?
After Trump announced controversial tariffs, investor confidence plummeted, leading to a significant stock market selloff. Experts warn of potential inflation and recession as economic concerns mount.
The far-right Sanseito party has made headlines after winning 14 seats in Japan's upper house election. Their controversial stance on immigration and promises for tax cuts have sparked debate about the future of Japanese politics.
In a remarkable turnaround, S&P 500 and Nasdaq 100 futures have reached record highs, defying economic concerns. As investors await crucial inflation data, the market's momentum is undeniable, with significant weekly gains for major indices.
At the NATO summit, Trump declared the Israel-Iran war likely over, attributing the ceasefire to U.S. airstrikes. Meanwhile, economic optimism among business leaders has plummeted amidst ongoing geopolitical tensions.
US consumer sentiment has surged to its highest level since January 2024, with the preliminary June index showing significant improvement amid easing economic concerns and lower inflation expectations.
Despite economic uncertainty, many Americans, especially millennials, are prioritizing international travel this summer. Discover how they’re navigating budget concerns to book their dream trips to Europe.
