Consumers Pare Back Spending in July Amid Inflation Woes
All eyes were on the latest Personal Consumption Expenditures data Friday (Aug. 29) as a read-across for when…
Jamie Dimon says inflation will go up and employment will shift down as economy ‘deteriorates’ amid shifting ‘tectonic plates’
JPMorgan CEO Jamie Dimon warned that the economic stimulus from the pandemic has run its course, leaving consumers…
Low demand for smartphones, smartwatches as consumer sentiment sours
A decline in electronics sales in the first three months of 2025 (January-March) signals challenging year ahead for…
Market elation trumps brewing stagflation
By Jamie McGeever ORLANDO, Florida (Reuters) – – TRADING DAY Making sense of the forces driving global markets…