Retail and food services sales rose 0.5% month-over-month (m/m) in April, in line with consensus expectations. However, sales gains were largely due to higher prices, with inflation picking up in April, real retail and food Read more…
Major retailers across the U.S. are accelerating investments in store remodels and expansion as competition intensifies between physical retail and rapidly growing e-commerce channels. U.S. online retail spending reached $1.34 trillion in 2024 and is projected Read more…
Daily Pivots: (S1) 1.1688; (P) 1.1714; (R1) 1.1734; More…. EUR/USD dips slightly today but stays in established range. Intraday bias remains neutral for the moment. Further rise is expected with 1.1642 support intact. On the Read more…
Risk sentiment remained broadly stable on Thursday as US equity futures edged higher alongside European stocks, extending the optimistic tone already dominating global markets this week. But while equities continued drifting along the existing AI- Read more…
Inflation readings can cause short‑term movements in mortgage rates by influencing expectations of future monetary policy. When those reports diverge from forecasts, markets often adjust their outlook for interest‑rate decisions, which can lead to temporary Read more…
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…
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…