US retail trade group forecasts healthy holiday sales, in part due to inflation
Don’t underestimate U.S. shoppers when it comes to shelling out money for the winter holidays
October 15, 2026Don’t underestimate U.S. shoppers when it comes to shelling out money for the winter holidays
October 15, 2026High gas prices are intensifying inflation and vacuuming up more of Americans’ dollars, yet consumers are still digging deep to spend, powering the economy, at least for now
October 15, 2026Wholesale inflation rose more quickly than expected last month on a big jump in fuel costs, a sign that stubbornly rising prices remain an economic challenge for consumers and a political problem for Republicans in the midterm elections
October 15, 2026Global equity markets edged lower on Thursday as concerns about AI spending and higher interest rates fueled a continued selloff in technology and chip
October 15, 2026US business inventories increased moderately in August amid strong sales growth, government data showed on Thursday.
October 15, 2026Wholesale inflation surged in September, keeping affordability in focus ahead of the midterms
October 15, 2026Global brokerages largely expect the US Federal Reserve to raise interest rates at least once more this year after data on Wednesday showed consumer prices accelerated in September,
October 15, 2026Rising government bond yields are making it much harder for major developed economies to stabilise debt burdens, with countries including France, the US and Britain facing
October 13, 2026Domino's Pizza on Tuesday scaled back its full-year sales outlook, warning that US and international comparable sales growth would remain muted, sending shares down about 3% in
October 13, 2026Oil and fuel prices rose on Monday following weekend attacks on a Saudi airport, which had a varied impact on global stocks.
October 13, 2026Cleveland Fed President Beth Hammack said on Monday the US central bank should move "relatively quickly" to a restrictive monetary policy stance in
October 12, 2026The US is in the middle of a historic and costly technological revolution, with the artificial intelligence buildout driving a level of investment
October 12, 2026A look at the day ahead in European and global markets from Wayne Cole.
October 12, 2026The U.S. stock market finished its record-setting week with gains, even as other financial markets remained indecisive
October 09, 2026US consumer sentiment slumped further in early October as the rising cost of living because of the Middle East conflict soured households' views of the
October 09, 2026The euro was poised for a fifth straight weekly drop on Friday, with early gains fading as oil prices erased earlier declines, but recent selling
October 09, 2026The exit from the COVID-19 pandemic raised incomes and wealth for most US households, with income gains concentrated among the less well off, but a
October 09, 2026With midterms approaching, Americans’ confidence in the economy is in a tailspin
October 09, 2026Federal budget deficit climbs to $2 trillion as fiscal jitters multiply
October 09, 2026US stocks dipped on Thursday as crude prices surged on a spike in Middle East tensions and a cut in US output that stoked inflation
October 08, 2026The number of Americans filing new claims for unemployment benefits fell last week, pointing to continued labor market stability despite a sharp
October 08, 2026US Federal Reserve Governor Christopher Waller said on Thursday that additional rate hikes will likely be needed to lower inflation to the Fed's 2%
October 08, 2026Most Federal Reserve officials expect that another interest rate increase will likely be needed this year to combat inflation, minutes released Wednesday from the central bank’s most recent meeting showed
October 08, 2026A readout on Wednesday of the Federal Reserve's last policy meeting is expected to show a much broader debate than reflected in the unanimous decision
October 07, 2026