Retail sales jumped 0.7% in March, much higher than expected
Rising inflation in March didn’t deter consumers, who continued shopping at a more rapid pace than anticipated, the Commerce Department…
Beyoncé bounce: Western boot sales jump more than 20% week over week since ‘Cowboy Carter’ launch
Western boots have a new protector in Beyoncé. The country fashion staple’s sales surged more than 20% in the week…
Jamie Dimon warns that inflation, wars and Fed policy pose major threats ahead
JPMorgan Chase CEO Jamie Dimon warned Friday that multiple challenges, primarily inflation and war, threaten an otherwise positive economic backdrop.…
UK economy posts 0.1% growth in February in further sign of recession rebound
LONDON — U.K. gross domestic product rose 0.1% in February, the Office for National Statistics said Friday, providing another sign…
Physical gold offers more protection than mining stocks, says State Street’s George Milling-Stanley
Investors looking to weather a volatile market may want to opt for physical gold over gold stocks. That’s according to…
Wholesale prices rose 0.2% in March, less than expected
A measure of wholesale prices increased less than expected in March, providing some potential relief from worries that inflation will…
Fed wants more confidence that inflation is moving toward 2% target, meeting minutes indicate
Federal Reserve officials at their March meeting expressed concern that inflation wasn’t moving lower quickly enough, though they still expected…
Hot inflation data pushes market’s rate cut expectations to September
As recently as January, investors had high hopes that the Federal Reserve was about to embark on a rate-cutting campaign…
Trump slams Biden for ‘raging’ inflation after hotter-than-expected March price report
Donald Trump on Wednesday pounced on President Joe Biden after March’s consumer price index came in higher than expected, notching…
