Chip stocks are on the rise following TSMC's record quarterly profit, while PepsiCo forecasts a smaller decline in annual core profit. June retail sales also show a surprising uptick, signaling strong consumer confidence.
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!
This week is crucial for investors as the Federal Reserve makes a key interest rate decision while tensions rise in the Middle East. Plus, Tesla's robotaxi update could change the EV landscape forever.
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.
Target's financial outlook has taken a hit as the retailer reports disappointing earnings, grappling with tariff uncertainties and a backlash against its diversity policies. CEO Brian Cornell highlights the challenges posed by shifting consumer behavior and political pressures.
Walmart's stock rises as it navigates tariff uncertainties, with mixed signals on future profits and consumer spending. The retail giant maintains its long-term forecasts despite current market challenges.
In a recent speech, Fed Chair Jerome Powell expressed concerns about balancing inflation control and economic growth amid uncertainties from tariffs. With inflation expectations rising, he hints at potential policy adjustments.
Ford Motor Company has reported a 1.3% decline in first-quarter U.S. vehicle sales, impacted by the discontinuation of the Ford Edge SUV and looming tariffs from President Trump. Despite this, retail sales surged by 5% in the same period, driven by consumer urgency to buy before prices rise.
S&P 500 futures rise slightly as investors hope for a recovery after a three-week downturn. Retail sales show modest growth, but concerns linger over Trump's tariff policies and economic slowdown.
In a surprising turn, retail sales rose 0.2% in February despite inflation worries, showcasing consumer resilience. Key sectors like online retail and personal care saw growth, but bars and gas stations faced declines.
