Canada’s retail sales rose by 0.8% mom in March, surpassing expectations of a 0.6% gain. Motor vehicle and parts dealers drove the advance with a strong 4.8% mom rebound. The first quarter posted a solid Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Picking the perfect purse before you head out the door can Read more…
If you were to randomly survey a group of strangers on the street about the current condition of retail, most would probably give you a dour read on the industry. While other industries seemed to Read more…
Cable rose 0.5% on Friday morning and cracked psychological 1.3500, hitting the highest since February 2022. Fresh acceleration higher was sparked by upbeat UK retail sales, which strongly beat forecasts in April and boosted risk Read more…
The British pound has posted gains on Friday. In the European session, GBP/USD is trading at 1.3484, up 0.49% on the day. The pound has gained 1.5% this week and is trading at levels not Read more…
President Donald Trump has threatened Apple with a tariff of “at least 25 percent” just for its iPhones unless it moves production to the United States. “I have long ago informed Tim Cook of Apple Read more…
ECB Chief Economist Philip Lane expressed confidence that services inflation will continue to moderate, citing subdued outcomes in recent wage agreements. Speaking at a lecture, Lane noted that the current wage settlements for 2025 are Read more…
ECB Governing Council members Olli Rehn and Yannis Stournaras signaled support for a rate cut in June, provided that incoming data confirms the current trend of stabilizing inflation and moderate growth. Rehn stressed the importance Read more…
The cryptocurrency market added a mere 0.7% in 24 hours, but an important 5% in seven days to $3.5 trillion. This increase is important as it falls in the area of the market peaks reached Read more…
The euro has regained strength against the dollar, with EUR/USD holding steady at 1.1312 on Friday. Key drivers behind EUR/USD’s movement The US dollar remains vulnerable as investor concerns over the US fiscal outlook persist. Read more…