consumer spending

5 months ago

Target Warns of Weak Holiday Season as Middle-Class Shoppers Pull Back

Target has projected a lackluster holiday shopping season, forecasting flat sales for the year’s final quarter and lowering its profit outlook. The announcement comes alongside a modest 0.3% sales increase in its

China’s-September-Trade-Data-Disappoints-Signals-Economic-Struggles

Economy

6 months ago

China’s September Trade Data Disappoints, Signals Economic Struggles

China’s trade growth fell short of expectations in September, raising new concerns about the health of the world’s second-largest economy. Customs data released on Monday showed that exports rose by 2.4% year-on-year,

Economy

2 months ago

US Economy Grows 2.5% in 2024, Trump Policies Add Uncertainty

The US economy expanded 2.5% over the past year, according to Commerce Department figures released Thursday, underscoring the solid economic foundation inherited by President Donald Trump. Consumer spending remained strong, supported by

U.S. Growth Hits 2.4%, But Tariffs Threaten Outlook

Year-end consumer spending fuels fourth-quarter GDP The U.S. economy expanded at a 2.4% annualized rate in the final quarter of 2024, according to revised data from the Commerce Department released Thursday. The

1 week ago

Economy

Wall Street lowers U.S. growth outlook for 2025

Economy cools but avoids collapse amid policy uncertainty After two years of outperforming forecasts, the U.S. economy is showing signs of cooling — though not cracking. Recent GDP revisions from the Federal

2 weeks ago

Markets

US Consumer Confidence Hits 4-Year Low in March

Economic outlook dims as inflation fears and Trump policies weigh Americans are growing more pessimistic about the future of the U.S. economy, with consumer confidence falling to its lowest level in over

2 weeks ago

Economy

Nike Faces Challenges as Tariffs and Weak Spending Cloud Earnings

Analysts Expect Modest Q3 Results Nike is set to report its fiscal third-quarter earnings after the market close on Thursday. As the world’s largest sneaker company navigates economic uncertainty, analysts have lowered

2 weeks ago

Business

Dollar General Reports Mixed Q4 Results, Plans Store Closures

Dollar General (DG) on Thursday posted fiscal fourth-quarter revenue that slightly exceeded Wall Street estimates, though profit took a hit due to a store portfolio review. Store Closures and Strategic Shift As

3 weeks ago

Business

Egg Prices Soar as U.S. Investigates Possible Price Fixing

The U.S. Justice Department has launched an investigation into the rising cost of eggs, focusing on whether producers have conspired to hike prices, according to a report by The Wall Street Journal

4 weeks ago

Economy

Dine Brands Revamps Applebee’s and IHOP Amid Sales Decline

Dine Brands, the parent company of Applebee’s, IHOP, and Fuzzy’s Taco Shop, is launching a bold initiative to modernize its restaurant chains as it faces declining sales and shifting consumer habits. Challenges

1 month ago

Business

Macy’s Forecasts Weak Sales and Profit as Tariffs Weigh

Macy’s projected lower-than-expected annual sales and profit on Thursday, highlighting ongoing struggles for U.S. retailers facing reduced consumer spending and new trade restrictions. Shares of the company fell 3% in early trading

1 month ago

Business

Home Depot Surpasses Expectations Amid Housing Slump

Home Depot exceeded Wall Street’s sales expectations for the fourth quarter, demonstrating resilience amid elevated interest rates and sluggish demand for large home improvement projects. Despite the challenging economic landscape, Home Depot

1 month ago

Investing

Japan’s Economy Grows 2.8% in Q4, Driven by Exports

Japan’s economy grew at an annualized rate of 2.8% in the October-December period, surpassing expectations, driven by steady exports and moderate consumption. The world’s fourth-largest economy expanded 0.7% quarter-over-quarter, marking its third

2 months ago

Economy

1 2 Next