WASHINGTON, May 15 (Reuters) - U.S. retail sales were unexpectedly flat in April as higher gasoline prices pulled spending away from other goods, indicating that consumer spending was losing momentum.
US consumers could be reaching their breaking point. After dealing with elevated inflation and the highest interest rates in decades, they’re starting to rein in their spending. Last month ...
US stocks rallied into the close on Friday with the Dow and S&P 500 rising strongly after economic data showed a moderation in consumer spending growth and the slowest monthly gain in prices so far ...
The US markets mostly dragged on May 31 as Personal Consumption Expenditures Price (PCE) index rose 0.3 percent in the month ...
Australian retail sales edged higher in April as consumers remained cautious in the face of high borrowing costs, rising rents, and other expenses, alongside confirmation that household consumption ...
As high street footfall decreased again in May, by 3.6% YoY, the British Retail Consortium has urged all political parties to ...
Dr Martens has posted a decline in annual revenue and profit as its performance continues to be impacted by weak US demand.
This morning, we receive retail sales data for April from both Denmark and Norway at 08.00 CET. We expect Norwegian retail ...
Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past ...
US Bond yields climbed following a poor treasury auction which saw lukewarm demand. The benchmark US 10-year treasury yield ...