Washington, DC CNN — US retail sales picked in August, boosted by higher gas prices, as spending on other items grew modestly.
Tag: economic indicators
McDonald’s is getting rid of self-serve soda machines
New York CNN — McDonald’s is getting rid of one its biggest perks. The fast food chain is eliminating its self-serve soda
The problem with labor data in understanding inflation
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Furniture companies in a rut as fewer people buy big-ticket items
CNN — People aren’t buying furniture like they used to. Last week, a pair of furniture retailers said they are experiencing a
What’s going on with China’s shadow banking system?
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Goldman Sachs cuts US recession odds to 15% as economic optimism grows
New York CNN — Goldman Sachs is increasingly confident that the US economy will stick the soft landing that many thought was
In Lululemon and Dollar General earnings, signs of a possible economic split
CNN — It’s a tale of two retailers. One reported strong sales on Thursday, while the other warned it may experience a
What the August jobs report means for the Fed
Washington, DC CNN — The long-robust US job market is continuing to cool, according to several economic indicators released this week. That
China relaxes mortgage rules to help homebuyers in latest stimulus push
Hong Kong CNN — China just made it easier for people to buy homes, in a move that could affect $3.5 trillion
France announces more food price caps in effort to curb inflation
Paris CNN — The number of price-capped products in French supermarkets will double to 5,000, finance minister Bruno Le Maire said Thursday,
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