Cava's stock tumbled 16% following disappointing quarterly sales, reflecting a broader trend of declining performance in the fast-casual dining sector. Executives cite cautious diners and economic uncertainty as key factors affecting sales.
As the Fed prepares for a crucial meeting, President Trump faces disappointment as interest rates are likely to remain unchanged. With rising tariffs and inflation concerns, a debate brews among Fed governors about the need for a rate cut.
Stock futures showed little movement Monday night as the S&P 500 and Nasdaq hit record highs. With major earnings reports ahead, investors are watching closely for market trends and insights on economic conditions.
U.S. equities slipped on Friday as investors digested economic data and tariff threats. While consumer sentiment improved, homebuilding hit an 11-month low, raising concerns ahead of corporate earnings.
June inflation surged as Trump's tariffs impact consumer prices. With rising costs for goods like furniture and audio equipment, the Fed may face pressure to adjust interest rates amidst growing economic uncertainty.
Delta Air Lines reported a surprising quarterly profit, boosting investor confidence despite lowering its full-year forecast. The airline's performance highlights the stabilization of travel demand and growth in high-margin business segments.
In a bid to combat economic uncertainty, fast-casual restaurants are turning to loyalty programs to keep customers engaged. With brands like Chipotle and Starbucks leading the way, learn how rewards programs are transforming dining habits and driving sales.
The S&P 500 and Nasdaq reached new heights as investors overlook trade war threats. Despite President Trump's recent comments on trade discussions, the market remains resilient, showcasing a historic rebound from earlier turmoil.
Jerome Powell cautions that Trump's tariff plans could lead to persistent inflation, influencing the Fed's approach to interest rate cuts. As trade tensions rise, the economic outlook remains uncertain.
The Swiss National Bank has slashed its interest rate to zero, raising the possibility of negative rates in the future. This decision aims to combat low inflation and comes amid global economic uncertainty. What does this mean for savers and the markets?
