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U.S. CONSUMER
Wall Street Week Ahead: Investors look for Fed rate clues, earnings signs as tech wobblesInvestors are keenly watching for clues on potential interest rate hikes and early earnings reports this week. Following a strong second qu...
US oil companies see big jump in profitUS oil giants are poised for record profits, potentially sparking a showdown with President Trump over high gasoline prices. Despite fallin...
US Stock market: Fed's Daly says AI, inflation uncertainty clouds interest rate outlookSan Francisco Fed President Mary Daly highlighted that US monetary policy remains slightly restrictive, but the economic outlook is increas...
US stocks today: US stocks rise as softer jobs data calms rate-hike fearsUS markets climbed after June hiring slowed more than expected, easing fears of further Fed tightening. The data pointed to a cooling but r...
US hiring falls to just 57,000 in June amid elevated inflation, global turmoilUS employers significantly slowed hiring last month, adding just 57,000 jobs, a stark contrast to previous months. This cautious approach s...
A new, inexpensive Chinese AI model is catching up with Anthropic, OpenAI on their home turfWestern startups are increasingly turning their attention to affordable and powerful AI models from China, particularly Z. ai's GLM-5.2, wh...
Yen sinks to four-decade low as dollar gets yields boostThe dollar surged to a 40-year high against the yen, fueled by rising U.S. Treasury yields and anticipation of a Federal Reserve rate hike....
Why Trump's tariffs had plenty of bark, but limited biteDonald Trump's tariffs, once feared to cripple markets, have had a surprisingly muted impact, with actual levies lower than headline rates....
US consumer confidence edges up in June; labor market perceptions deteriorateUS consumer confidence saw a slight uptick in June, buoyed by falling gasoline prices following a Middle East truce. However, this optimism...
Trump urges gasoline retailers to lower prices, warns of 'big problems' if they don'tPresident Trump has demanded gasoline retailers immediately lower prices, targeting around $2.50 per gallon, and warned of "big problems" i...
US Stock Market: Economic resilience collides with expensive valuations on Wall StreetThe US economy shows surprising strength with robust job growth and consumer spending, yet Wall Street is faltering. Investors are wary of ...
Gold set for fourth monthly fall on bets of Fed rate hikesGold prices tumbled over 1% on Tuesday, heading for a fourth consecutive monthly drop. Shifting from Middle East concerns, the market now a...
Gold slips as US-Iran tensions lift oil, US rate-hike bets weighGold prices dipped as escalating U.S.-Iran tensions fueled oil prices, while anticipated U.S. Federal Reserve interest rate hikes added fur...
Gold price prediction: Why is gold rate down today? What to expect for bullion in July, AugustGold rate today down as oil prices rose following days of tit-for-tat strikes by the United β States and Iran in the Middle East raising app...
Dollar declines for second straight day but set for weekly gainThe dollar dipped for a second day as easing inflation and falling oil prices tempered expectations for Federal Reserve rate hikes. Despite...
Gold gains as dollar weakens; still on track for fourth straight weekly lossGold prices saw a modest uptick on Friday, buoyed by a weaker dollar and slightly eased expectations of U.S. interest rate hikes following ...
Musk's SpaceX targets US consumers with Starlink mobile service push, FT reportsSpaceX is reportedly planning a direct-to-consumer Starlink mobile service in the US, potentially challenging giants like Verizon and AT&T....
Xbox to raise console prices worldwide from AugustGroups representing automakers, retailers, electronics firms and others had warned earlier β this β month that the increasing demand for memo...
US inflation tops 4% for first time in three years, keeping Fed hike in playUS inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve's interest rate hike plans on the table fo...
Amazon Prime Day to gauge US consumer strain as focus shifts to basicsAmazon Prime Day 2026 is expected to serve as a key indicator of US consumer spending trends, with shoppers increasingly focusing on grocer...