American consumers felt slightly better about the economy in early December, according to a survey released on Friday. The Consumer Sentiment Index from the University of Michigan went up to 53.3 this month, an improvement Read more…
Dual central bank interest rate decisions from the U.S. Federal Reserve and the Bank of Canada on Wednesday top the week’s calendar, with the BoC expected to hold rates, while a third consecutive 25 basis Read more…
If you’re anything like me, you’ve been doing a lot of double-taking and head-shaking this year. It seems that almost everything has become more expensive, from grocery store visits and restaurant meals to oil changes. Read more…
Although Chick-fil-A is not available worldwide, the beloved American fast-food chain known for its chicken sandwiches, waffle fries, and signature “my pleasure” phrase has grown into one of the top restaurant chains in the industry. 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 Getting caught in a blackout during Read more…
Personal income rose 0.4% month-over-month (m/m), on par with the prior month. On an inflation adjusted basis, personal income was up just 0.1% m/m. Consumer spending grew 0.3% m/m in nominal terms. This was in Read more…
Fed rate cut widely expected; dot plot and overall meeting rhetoric also matter. Risk appetite is supported by Fed rate cut expectations; cryptos show signs of life. RBA, BoC and SNB also meet; chances of Read more…
Over the last month, market expectations have increasingly turned towards a 25bp rate cut when the Fed makes its decision on Wednesday next week. This has been driven by lower inflation expectations and weaker forward-looking Read more…
We expect the Fed to cut its policy rate target by 25bp to 3.50-3.75% next week, in line with consensus and market pricing. We expect an equal reduction to all administered rates, but an additional Read more…
Some change is starting to appear for Canada after consecutive rough years. Subject to a red-hot post-COVID boom, the Land of the Maple Syrup had severely tightened its policy rates and immigration rules, leading to Read more…