Resilient August Retail Sales Defy Interest Rates
In a surprising turn of events, the latest retail sales figures for August have demonstrated the resilience and confidence of US consumers, despite the backdrop...
Wholesale Prices Challenge Federal Reserve’s Inflation Battle
Wholesale prices in the United States experienced a notable surge in August, defying the Federal Reserve’s vigorous attempts to rein in inflation through a series...
United Auto Workers Prepare for Potential Strike – Contract Dispute
United Auto Workers (UAW) President Shawn Fain announced on Wednesday, with just over 24 hours remaining before the strike deadline, that the companies’ offers are...
Arm Holdings Achieves $54.5 Billion Valuation in US IPO
Chip designer Arm Holdings garnered a valuation of $54.5 billion in its highly anticipated initial public offering (IPO) on Wednesday. This move comes seven years...
Hot Retail Sales and Inflation Data Ignite Wall Street Rally
Wall Street saw a surge in stocks at the opening bell on Thursday, driven by robust retail sales and wholesale price inflation data that exceeded...
Mixed Performance on Wall Street Amidst Inflation Data
Wall Street saw a mixed performance on Wednesday as investors grappled with significant consumer inflation data that is expected to play a pivotal role in...
Senator Warren Calls for Stricter Oversight of US Banks
Senator Elizabeth Warren (D, Mass.) issued a fervent call on Wednesday for regulators to take a tougher stance on US banks, urging them to curtail...
Lowe’s DIY Customers Trend: Experiences Trump Projects
Lowe’s (LOW) do-it-yourself (DIY) customers are changing their spending habits, favoring experiences over home improvement projects, according to statements from the company’s CEO, Marvin Ellison....
August Prices: Federal Reserve Stays the Course
Despite a slight surge in consumer prices in August, the Federal Reserve is unlikely to alter its course, according to several economists. This comes as...
Charter and Disney Set New Media Standard in Agreement
In a landmark deal reached this week, Charter (CHTR) and Disney (DIS) have paved the way for a transformational shift in the media landscape. The...
