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Retail sales come in better than expected in June
AOL· 4 days agoRetail sales were flat in June, defying Wall Street's prediction of a decline amid signs of slowing in the US economy. Economists had expected a 0.3% decline in spending, according to Bloomberg ...
Goolsbee Says Fed Risks ‘Golden Path’ If It Doesn’t Cut Soon
Bloomberg via Yahoo Finance Canada· 2 days ago(Bloomberg) -- Federal Reserve Bank of Chicago President Austan Goolsbee suggested the central bank...
Argentina's Inflation Rises in June, Challenging President Milei’s Economic Reforms - EconoTimes
EconoTimes· 6 days agoArgentina's consumer price index rose to 4.6% in June, breaking a five-month trend of declining...
Trump is starting to move markets
AOL· 2 days agoDonald Trump has had a surprisingly solid summer, raising the odds, for now, that he’ll win a second presidential term. Trump’s upturn began with the June 27 presidential debate in which President ...
Bank of America leans on Wall Street as high rates pose challenges to Main Street operations
AOL· 4 days agoSecond quarter profits at Bank of America (BAC) fell 7% from a year ago as its consumer operations wrestled with higher interest rates, but it was able to churn out more investment banking fees ...
Warren Buffett is turning 94 next month. Should Berkshire investors start to worry?
Yahoo Finance· 7 days agoGlass. So, my inclination is to stick with Berkshire and see what happens if I outlast Buffett. And...
Warner Bros. Discovery under pressure as 'vicious debate' ensues over NBA media rights
AOL· 3 days agoThe NBA has reportedly agreed to terms for its next media rights deal — and it looks like Warner Bros. Discovery's (WBD) TNT Network could lose out. If true, it will be a gut punch for the legacy ...
Jobless claims hit highest level since August
Yahoo Finance· 2 days agoA "now hiring" sign is displayed outside Taylor Party and Equipment Rentals in Somerville, Massachusetts, U.S., September 1, 2022. REUTERS/Brian Snyder...
Markets are betting there's a 100% chance the Fed cuts rates in September
AOL· 4 days agoInvestors are confident the Federal Reserve will be lowering interest rates by the end of its September meeting. As of Tuesday morning, markets were pricing in a 100% chance of an interest rate ...
Elon Musk and the other billionaires backing Trump won’t put him over the top
AOL· 5 days agoTesla CEO Elon Musk endorsed Donald Trump for president after the failed assassination attempt against the former president on July 13. Then he pledged $45 million per month in donations to ...