US consumer sentiment deteriorated sharply in August, adding to signs that household confidence is weakening even as inflation concerns persist. University of Michigan Consumer Sentiment fell from 55.2 to 51.0, below 54.1 consensus. Current Conditions dropped from 54.8 to 51.8 and Expectations declined from 55.4 to 50.6. Survey said expected business conditions fell -11% for […]
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A restaurant giant that built a global footprint rapidly by opening new locations worldwide is now pulling back on its expansion plans as weaker results and higher costs pressure its business. The company closed more Read more…
Earlier this year, I reported on how legendary mall staple Fossil Group quietly closed seven locations in the first quarter. The Texas-based company known for creating, marketing, and distributing classic fashion watches, smartwatches, jewelry, and 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. The average price of a new car has climbed to $50,000 Read more…