The U.S. economy expanded by 1.5% quarter-on-quarter (q/q, annualized) in the second quarter, decelerating from 2.1% in the first quarter, and weaker than the consensus forecast of 2.0%. Underneath the softer headline, consumer spending rose Read more…
Personal income advanced by 0.2% month-over-month (m/m) in June, slowing from the 0.7% pace seen in the previous month. After adjusting for inflation, taxes, and transfers, real disposable personal income rose 0.3 m/m, matching last Read more…
The Federal Reserve’s July policymaking meeting ended with no interest-rate hikes nor forward guidance but with a boatload of Fed speak and word salad. Kevin Warsh insisted the Fed will still be able to lower Read more…
Samsung Electronics (SSNLF) may have discovered a huge new growth market for its priciest smartphones, and it’s not just in the biggest cities of India. The company said its Galaxy Z Fold8 Ultra, Galaxy Z Read more…
There is a kind of risk that never shows up in a fund prospectus. It is the risk that a company spends real money fixing something its customers never thought was broken, then spends the Read more…
The Federal Reserve’s preferred inflation gauge pointed to continued progress on underlying price pressures in June, even as higher energy costs remained a looming risk. The headline PCE price index fell -0.1% mom, matching expectations, Read more…
The US economy expanded at an annualized rate of 1.5% in the second quarter, according to the advance estimate from the Bureau of Economic Analysis, slowing from 2.1% in the first quarter and falling short Read more…
Located approximately 28 kilometers or 17 miles northwest of the Portuguese capital of Lisbon, the historic coastal town of Sintra is a popular day trip destination both for the Portuguese and visitors to the country 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. Why we love this deal Precious gems are something that you Read more…
Price matters, but it’s only one part of the buying equation. That’s a lesson I learned the hard way when my air conditioning broke over a holiday weekend, and my regular vendor was not answering Read more…