Tag: Consumer spending

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US PCE Inflation in Focus: Week Ahead Agenda – Action Forex

The focus next week will be on the core PCE inflation data in the US, which could confirm market expectations of two Fed rate...
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Forever 21 Seeks Rent Concessions Amid Financial Struggles

Forever 21, a well-known fast-fashion retailer with over 380 stores in the U.S., is facing financial struggles and seeking rent concessions from landlords. The...
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Apple discontinues buy now, pay later loan services in the United States

Apple has announced that it will no longer be offering loans through its buy-now-pay-later program, Apple Pay Later, in the United States. This decision...
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Soft Retail Sales Impact on Fed Hawks’ Rhetoric – Actionable Insights for Traders

At the recent Fed meeting, Chairman Powell briefly mentioned consumer spending, but the focus was mainly on inflation and the Fed's dot plot. The...
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Holiday Week Ahead: Retail Sales, Housing, and PMIs

In the upcoming holiday-shortened week, there are several key data highlights to look out for. The US retail sales report will be released tomorrow,...
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Holiday Week Boosts Retail Sales in Wall Street Brunch

This week, Wall Street experienced a rare midweek holiday with the stock and bond markets closed for the Juneteenth Holiday on Wednesday. The four-day...
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Why Five Below is Struggling in 2021

Five Below, a discount retailer that has seen impressive growth since going public in 2012, is currently facing challenges in 2021. Despite expanding from...
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British supermarkets set for Euro 2024 sales lift

British Supermarkets Anticipate Sales Boost Ahead of Euro 2024Market researcher NIQ has predicted that British supermarkets are poised to experience a surge in sales...

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X’s New Terms of Service Causing Users to Leave Elon Musk’s...

Elon Musk's platform, X, has recently implemented new terms of service that have caused some users to leave the microblogging platform. These new terms...