China consumption slows as retail sales and investment data disappoint
BEIJING — China reported data Friday that pointed to slower growth on the consumer side while industrial activity remained robust.…
Affluent consumers are creating a ‘bubble’ at Walmart, warns retailer’s former U.S. CEO Bill Simon
Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat…
Biden slams Trump as he touts record-high Dow crossing 40,000
President Joe Biden’s campaign ripped presumptive Republican nominee Donald Trump after the Dow Jones Industrial Average hit a record 40,000 on…
Markets underestimate geopolitical risk as raft of elections looms, ECB’s De Guindos says
Europe’s macroeconomic outlook is brighter — but markets may be underestimating the potential for sudden destabilization due to geopolitics, the…
Stocks making biggest moves premarket: Under Armour, Walmart, AMC, GameStop, Canada Goose and more
Check out the companies making headlines in premarket trading. Under Armour — The sportswear maker’s Class A shares slumped 11%…
