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MICHAEL PEARCE
US Fed set to keep rates steady as officials defend independenceThe US Federal Reserve is widely expected to keep interest rates unchanged when it meets in the coming week, holding firm despite President...
Wall Street Week Ahead-Fed, big earnings week loom for markets as global tensions muddy outlookInvestors are shifting focus to AI profit potential and interest rate paths amid a packed earnings week featuring tech giants like Apple an...
US retail sales beat expectations in November on holiday boostAmerican shoppers spent more in November. Retail sales saw a 0.6 percent increase, beating forecasts. This rise signals a stronger start to...
US retail sales beat expectations in November on holiday boostAmerican shoppers spent more in November. Retail sales saw a 0.6 percent increase, beating forecasts. This rise signals a stronger start to...
Black Friday puts focus on consumer spending for rocky marketsInvestors are closely watching U.S. consumer spending this week, especially Black Friday sales, as the stock market faces a grim November. ...
Wall Street Week Ahead: Investors seek economic clues from bank earnings amid data fogMarkets are watching bank earnings reports closely. These reports will offer clues about the U.S. economy's strength. Trade tensions with C...
U.S retail sales take a hit with biggest decline in 4 months — economists warn of consumer slowdown aheadUS retail sales experienced a significant 0.9% drop in May, marking the steepest decline in four months, primarily driven by decreased auto...
Echo Valley: New thriller’s release date, where to watch, storyline, creative team and castApple TV+ has released Echo Valley, a new thriller starring Sydney Sweeney and Julianne Moore. The film explores the intense relationship b...
US retail sales little changed, signs of pullback after pre-tariff rushUS retail sales saw minimal growth in April, according to government data. Consumer spending appears to be slowing down. This follows a sur...
Trump tariffs to test resiliency of US consumersIn unveiling tariffs this week challenging the decades-old international trade order, President Donald Trump lambasted globalization as a r...
US Fed likely to keep rates steady as Trump uncertainty flaresThe US Federal Reserve is anticipated to keep interest rates unchanged amid uncertainty over President Trump's economic policies, including...
US Fed's preferred inflation gauge steady as rate cut loomsThe US Federal Reserve's preferred inflation gauge remained constant in July, supporting expectations for upcoming interest rate cuts. The ...
US retail sales beat expectations on autos boostRetail sales in the US surpassed expectations in July, boosted by a rebound in auto sales after a June cyber-attack, reaching $709.7 billio...
US consumer inflation slows to 3.1% as economy coolsThe consumer price index (CPI), a closely eyed gauge of inflation, rose 3.1 percent from a year ago, said the Department of Labor, down fro...
Wall St falls after jobs data, worries over high TreasuryEven as longer-dated Treasury yields eased from 16-year highs on Wednesday, investors remain concerned that the elevated levels may continu...
US Fed expected to hike again despite signs of slowing economyThe US Federal Reserve is highly likely to increase its benchmark lending rate by 25 basis points to between 5% and 5.25% on Wednesday. If ...
- London sets up booze bus as execs celebrate bonuses
THE London Ambulance Service has set up a mobile treatment centre in the financial district and a ‘booze bus’ in the West End to cope with ...