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…
For U.S. Cuban claims holders, spy Manuel Rocha’s plea deal raises fresh questions
When Carolyn Lamb saw news of Cuban spy Victor Manuel Rocha’s arrest on the news last December, she recognized him…
Surging inflation fears sent markets tumbling and Fed officials scrambling
The early data is in for the path of inflation during the first three months of 2024, and the news…
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…
BlackRock’s Larry Fink sees Fed cutting rates twice this year but missing 2% inflation goal
BlackRock CEO Larry Fink predicted Friday that the Federal Reserve likely will still cut interest rates this year but won’t…
Marjorie Taylor Greene won’t say what happened to her Trump Media stock
A media company with ties to former President Donald Trump is off to a rocky start with share prices tanking…
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.…
