With the Federal Reserve poised for its first interest rate cut of 2025, global markets are on edge. This article explores the implications of potential rate changes and key market indicators shaping today's financial landscape.
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.
China's economy faces a significant slowdown as key indicators such as retail sales and industrial output miss expectations. With rising unemployment and declining consumer prices, analysts are concerned about the implications for future growth.
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.
This holiday season, U.S. spending is expected to drop 5%, largely due to Gen Z's 23% cutback. Households are prioritizing value as economic uncertainty looms, reshaping shopping habits.
Target's CEO Brian Cornell is stepping down as the retailer grapples with declining sales and customer boycotts over its DEI initiatives. Can the new leadership turn the tide?
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. equities experienced a mixed performance at midday, with retail sales showing strong consumer spending. While the Dow slightly rose, the S&P 500 and Nasdaq fell, driven by varying performances from major stocks including UnitedHealth and Salesforce.
S&P 500 futures are nearly flat after a record close, while UnitedHealth jumps over 9% thanks to investments from Buffett and Burry. What's next for the market as economic indicators loom?
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.
