Economy
Stay updated on trends in the global economy
September’s retail sales rose 0.4%, beating expectations and improving on August’s unimpressive 0.1% gain. While consumer confidence continues to face headwinds like inflation, the numbers show people are still willing to spend. On the labor side, initial jobless claims dropped by 19,000 to 241,000,
Wholesale prices decided to take a breather in September, thanks to a much-needed drop in gas prices. If only our grocery bills could flatline the way wholesale prices did last month, right? According to the Bureau of Labor Statistics, the producer price index (PPI) for final demand showed no change
Consumers are increasingly optimistic about inflation, with expectations reaching a post-pandemic low of 3% in October 2024, according to recent data sourced from Bloomberg. This marks a significant drop from the peak of 6.6% in mid-2022, signaling a positive shift in inflation expectations as price pressures continue to ease.
Markets are all over the place today: oil is dropping, China’s recovery isn’t convincing anyone, and global stocks are on a rollercoaster. If you’re confused, you’re not alone. Here’s what you need to know about China’s economy, falling oil prices, and rising U.S.
Today's job report just dropped, smashing expectations. Markets are reacting, rate expectations are shifting, and now the big question is: will this job surge lead to more inflation? Futures, Volatility, and the Aftermath As of 8:45am CST, markets were clearly pleased with the news. The S&
So, here we are again—another week where the market either flies or crashes, depending on a few numbers. We’ve got a jobs report that might tell us something new (or not), Tesla flexing its delivery muscles, and Nike hoping we all forget about their slipping revenue. Let'
The Federal Reserve has slashed interest rates again, but this time, it’s not just about safety—it’s about finding new winners in the market.
The Fed is about to make its next move, and it could either save the economy or push it over the edge. With so much at stake, how big will the Fed’s first interest rate cut be?