Consumer spending remained strong in August as U.S. retail sales beat expectations, lending more credibility to the Federal Reserve's pending reduction in interest rates.
Terry Massey
Sep 17, 2024
China's property market showed worrisome inactivity while factory output fell short of expectations.
Ann Resuma
Jun 17, 2024
Last week's rally followed the previous two weeks' rally and was driven by better earnings from semiconductor giant Taiwan Semiconductor and steady bond yields.
Panos Mourdoukoutas Ph.D.
May 13, 2024
US consumer spending warmed slightly in February, according to government data released Thursday, with retail sales regaining ground after an earlier hit from cold weather.
AFP News
Mar 14, 2024
Despite suffering a significant sales loss of over $1 billion due to the Bud Light boycott, AB InBev still experienced profit growth.
Jarin Noshin
Feb 29, 2024
US retail sales plummeted by 0.8% in January, signaling economic challenges amid inflation and rising interest rates.
Jarin Noshin
Feb 15, 2024
US consumers kicked off a strong start to the holiday shopping season, according to the latest data from the Commerce Department, giving retail sales a boost despite negative expectations.
Terry Massey
Dec 14, 2023
Wall Street was pleased with Ulta's financial results, sending its shares 11% higher Friday to $474 per share. Lila Margalit of Placer.ai thinks Ulta is in the right place at the right time with a suitable value proposition.
Panos Mourdoukoutas Ph.D.
Dec 05, 2023
The week will also bring housing and labor data; retailers Nordstrom, Lowe's and Best Buy release quarterly results.
Helder Marinho
Nov 19, 2023
Shares of Walmart fell as the company's forecast indicates slower consumer spending at the end of the year.
Helder Marinho
Nov 16, 2023
The company's third-quarter results beat its own forecasts and analysts' estimates.
Helder Marinho
Nov 15, 2023
China on Tuesday released weaker than expected economic data, with slowing retail sales growth pointing to shaky consumer confidence in the world's second-largest economy.
AFP News
Aug 14, 2023
Nike reported a drop in quarterly profits Thursday despite higher sales due to the drag from increased costs and the liquidation of unwanted merchandise.
AFP News
Jun 29, 2023
Retail sales in the United States grew at a slower pace in May but still came in stronger than expected, according to government data released Thursday, on the back of falling gas station sales.
AFP News
Jun 15, 2023
From cannabis-infused flowers to edible weed gummies, marijuana companies are pulling out all the stops as they eye bumper sales on April 20 - a day referred to as "4/20" in weed culture.
Reuters
Apr 20, 2023
Retail sales in the United States slipped more than anticipated in March, according to government data released Friday, extending a downward trend that signals cooling in the economy.
AFP News
Apr 14, 2023
Here's a list of over 20 Halloween sales, from candy to costumes and more.
Manan Bhavnani
Oct 10, 2022
Retail spending rebounded and increased by 1% despite inflation soaring to a four-decade high in June, but it may reflect higher prices more than increased spending by households.
Nicholas Morgan
Jul 15, 2022
Both vehicle and gas sales significantly impacted May retail sales overall, driving the downturn for the month.
Maggie Valenti
Jun 15, 2022
UBS revised its previous estimates down to 50,000 store closures by 2026.
Maggie Valenti
Apr 13, 2022
A number of factors are at play, including the election, coronavirus infection rates and the overall economy.
Marcy Kreiter
Oct 19, 2020
China is on the path to become the only major economy in the world to show growth this year
Palash Ghosh
Oct 19, 2020