Retail sales

Business

Retail sales jump 3% in January, smashing expectations despite inflation increase

[ad_1] Sales at retailers rose far more than expected in January as consumers persevered despite rising inflation pressures. Advance retail…

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‘Fed is not your friend’: Wells Fargo delivers warning ahead of key inflation report

[ad_1] As Wall Street gears up for key inflation data, Wells Fargo Securities’ Michael Schumacher believes one thing is clear:…

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Business

Retail sales fell 0.6% in November as consumers feel the pressure from inflation

[ad_1] Consumers pulled back on spending in November, failing to keep up with even a muted level of inflation for…

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Business

Holiday rush: Why investors may want to add retail ETFs to their cart

[ad_1] ‘Tis the season for shopping — and maybe for some investors: ETFs. Despite consumer headwinds tied to the economic…

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Under-the-radar trend shows tech investors remain loyal despite major losses this year

[ad_1] It appears most ETF investors aren’t cashing out of technology despite this year’s painful losses. The widely-held ARK Innovation ETF…

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Business

This Week: Consumer prices, retail sales, quadruple witching

[ad_1] A look at some of the key business events and economic indicators upcoming this week: TRACKING INFLATION The Labor…

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Business

‘Dangerous territory’: Investor Peter Boockvar warns recession is spreading to other parts of economy

[ad_1] There may be no escape from recession. The latest reports on housing and manufacturing, according to investor Peter Boockvar,…

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Business

Asian shares mixed after China cuts key rate, Japan GDP up

[ad_1] BANGKOK — Shares were mixed in Asia on Monday after China’s central bank cut a key interest rate and…

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Global stocks mixed after US retail data offset rate fears

[ad_1] Global stock markets are mixed and Wall Street futures lower after positive U.S. retail sales data helped to offset…

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Business

Beyond Meat shares tumble on lower-than-expected Q1 sales

[ad_1] Plant-based meat company Beyond Meat reported lower-than-expected sales in the first quarter as it slashed prices and demand from…

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