Markets US PPI inflation was on tap today. All three gauges stagnated last month, printing flat on a monthly basis and missing a 0.2% estimate. That led to a below-consensus outcome as well with the headline figure rising by 2.3%, PPI ex food and energy by 2.6% and the series additionally stripping trade by 2.5%. […]
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Fidelity’s latest research findings come at a moment when oil trades near $100 a barrel, the University of Michigan’s consumer sentiment gauge has fallen to a record low, and the S&P 500 has rallied sharply. Read more…
Markets The by-nature fragile ceasefire between the US and Iran was weakened severely by yesterday’s skirmishes in the Persian Gulf but survives so far. US Defense Secretary Hegseth detailed Operation Freedom in a press conference Read more…
Just because a market needs a store does not mean that retailers can make money operating in that area. In some cases, there’s simply not a large enough population to justify opening or operating a Read more…