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Spending at US retailers skyrocketed last month at the strongest monthly pace in more than two years as Americans rushed to beat President Donald Trump’s massive tariff hikes.
LVMH just delivered a blow to investors in first quarter, reporting a 3% organic revenue decline, including a 5% drop in its ...
Chinese sellers of items from lunch boxes to appliances have taken to social media platform Rednote to generate sympathy ...
Inflation expectations surged to the highest level since 1981 as anxiety mounts over escalating tariffs, the University of Michigan found in a survey.
Economists expect an improvement in the March retail sales report as shoppers rushed to buy items before tariffs took hold. However, softening consumer sentiment could result in a further drop in ...
Key Takeaways Consumer sentiment fell 11% in April, now down over 30% since December 2024, amid broad-based concern about ...
Copper edged higher with most other metals after President Donald Trump handed out exemptions to his punishing tariffs on ...
Donald Trump’s plan to acquire Greenland is very real, and it apparently involves convincing the country to hand itself over ...
Consumer sentiment has fallen for the fourth consecutive month, plunging 11% to 50.8 in April – the second-lowest reading since records began ...
A broad trade-weighted measure of the dollar fell Friday to its lowest level since April 2022. The greenback is now down 10% ...
Despite consumer sentiment hitting a 29-month low by one measure, executives have focused less on inflation — and more on AI — during their quarterly earnings calls.
The preliminary University of Michigan April consumer sentiment index reading of 50.8 is the second-lowest on the ...
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