Kamala Harris Gets Favorable Economic News Ahead Of Vote
With only days to go before the Nov. 5 election, the presidential campaign of Vice President Kamala Harris got some good news in the form of solid economic readings this …
Consumer confidence
Here’s why the economy feels ‘recession-like’ for many Americans
Consumer sentiment in the U.S. dropped to an eight-month low in July, according to the Consumer Sentiment Index from the University of Michigan. While the U.S. technically isn’t in a …
China holds back on more stimulus, citing necessary ‘pain’
A general view shows the skyline over the Central Business District in Beijing on February 28, 2023. Jade Gao | Afp | Getty Images BEIJING — China is not planning …
Walmart bubble due to high-income grocery spending, warns Bill Simon
Higher-income consumers may be creating a frothy situation at Walmart. Even though affluent shoppers helped drive the retailer’s latest beat on quarterly results, former Walmart U.S. CEO Bill Simon warns …
JPMorgan says India is its No. 1 market in Asia and a favorite globally
The Indian markets have made tremendous gains since the beginning of the year, with both the Nifty 50 and BSE Sensex hitting record highs on Monday. Bloomberg | Bloomberg | …
Consumers buckling for first time in decade: Former Walmart U.S. CEO
The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week, former Walmart U.S. CEO Bill Simon warns consumers are starting …
Wall Street versus main street
People walk outside of the New York Stock Exchange (NYSE) on September 05, 2023 in New York City. Spencer Platt | Getty Images News | Getty Images This report is …