US retail sales rose 0.5% mom in April, matching market expectations and reinforcing the view that consumer demand remains resilient despite rising inflation pressures and elevated interest rates. Core readings were slightly firmer, with retail Read more…
US initial jobless claims rose 12k to 211k in the week ending May 9, coming in slightly above expectations of 205k and signaling some modest cooling in labor market conditions. The four-week moving average of Read more…
Nio, Inc. (NIO) heads into its next earnings report with one important question already answered, as the Chinese electric vehicle maker delivered more cars in the first quarter than it originally told investors to expect. Read more…
Sebastian shares a practical three-step workflow for writing feature specs, from gathering notes with tools like Granola to using a thinking model to surface contradictions and scope. He then switches back to hands-on editing to 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 When the heat cranks up come Read more…
Restaurants across the country have been wracked by financial pressures, including facing bankruptcy filings, and now another longtime American restaurant is preparing to shut its doors after serving travelers and loyal customers for generations. The Read more…
The futures market is mistaken in expecting 2–3 ECB rate hikes in 2026. Accelerating US inflation will prompt the Fed to adopt a more hawkish stance. The US dollar took two steps forward and one Read more…
Market Overview The crypto market has been retreating towards the lower end of the range seen over the last couple of weeks, near $2.61T, but at the time of writing has pared its losses to Read more…
GBP/AUD extended its medium-term downtrend this week, briefly breaking below the 1.86 handle and falling to its lowest level since late 2023 as markets increasingly favored the Australian Dollar’s strong growth and yield profile over Read more…
The affordability crisis shrinking wallets and tightening household budgets across the United States is prompting a solid, nonstop fear ofinflation’s impact among consumers and their families. And this was before the 11-week-old Iran War jumpstarted Read more…