Tag: Consumer spending
Understanding Deflation Trends in June 2024: A Visual Breakdown
Inflation has decreased significantly in the past two years, leading to some consumer prices deflating in the U.S. economy. Deflation refers to the rate...
China’s Consumer Price Index (CPI) Slows to 0.2% in June, Producer Price Index (PPI)...
China's Consumer Price Index (CPI) showed a slowdown to 0.2% year-on-year in June, dropping from the 0.3% year-on-year seen in May. This missed expectations...
Inflation Scare Over: Pandemic Perfect Storm | Forexlive
Global central bankers are currently fixated on fighting the ghost of inflation, despite the fact that the threat of inflation seems to have subsided...
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...
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...
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...
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,...
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...
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...
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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AI Transforming Financial Services: The Future of Banking and Investments
FintechZoom.io continues to highlight how Artificial Intelligence (AI) is reshaping financial services, from banking automation to fraud prevention and investment strategies. As financial institutions...
