US personal income rose 0.4 mom or USD 87.6B in August, matched expectations. Personal spending rose 0.4% mom or USD 83.6B, below expectation of 0.5% mom. That includes USD 47.0B increase in spending for services, and USD 36.7B increase in spending for goods. For the month, headline PCE price index rose 0.4% mom, below expectation […]
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Constellation Brands (STZ.B) , which owns popular beer brands such as Corona and Modelo, has just shared a grim outlook on its future sales as the company recently noticed a sharp change in consumer behavior. Read more…
The quantum computing industry is sounding off after Nvidia (NVDA) CEO Jensen Huang made some bold predictions at the annual Consumer Electronics Show (CES) this week. On Monday, Huang appeared at a Wall Street analyst Read more…
Home buyers entering the market in recent years have faced elevated mortgage rates and house prices, making it difficult for first-time buyers to navigate. When the Fed began cutting interest rates in September, Americans hoped Read more…