Consumer Confidence, Inflation Data Loom Over Wall Street
Wall Street awaits key consumer confidence and inflation reports as U.S. and global sentiment data diverge, testing rate and growth expectations.
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Household demand and stress: confidence and retail sales, grocery and subscription prices, and consumer credit going bad.
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Wall Street awaits key consumer confidence and inflation reports as U.S. and global sentiment data diverge, testing rate and growth expectations.
July retail sales posted their steepest drop in over a year, rattling markets and fueling fears of a broader economic slowdown.
US inflation cooled to 3.4% in July as gas and grocery prices fell, easing pressure on the Fed, though officials warn grocery costs remain high.
UK consumer confidence hit a two-year high per GfK, contrasting with mixed inflation and sentiment trends in the US and euro zone.
Peacock has hiked prices on all subscription tiers again, with Premium Plus rising to $19.99, as streaming costs keep climbing.
July U.S. retail sales posted their biggest drop in over a year, surprising economists and unsettling markets amid inflation strain.