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US ECONOMY CONSUMER SPENDING
JPMorgan posts rare profit miss as dealmaking, bond trading lose momentum(Compares with estimates in headline and paragraph 1, adds analyst comment in paragraph 4, updates shares, details and context throughout)-...- Wallet war: More new things are fighting for every rupee Indians earnIndian Consumer Spending Trends: Indian households are increasingly shifting their consumption patterns, which reflects a richer variety of...
- High crude vs festive demand: Can consumption stocks withstand the oil shock?As the festive season approaches in India, high crude oil prices stir worries over profit margins for companies across sectors like FMCG an...
- IMF says AI investment propping up global growth, but war and debt threaten outlookThe International Monetary Fund forecasts a global GDP growth of over 3% for 2026 driven by strong AI investment. Despite this growth, down...
- US stocks in focus as bank earnings, inflation data set to test market rallyUS investors will track major bank earnings, September inflation data and Treasury yields this week for clues on corporate profitability an...
- Gold steady as markets strap in for inflation dataGold prices showed little movement as early Asian trading commenced, with many awaiting US inflation data this week. Spot gold remained ste...
- 'Going bankrupt': Iran shopkeepers struggle as war dims demandAt a Tehran bazaar where fragrant herbs and spices whet the appetite, shopkeeper Nasir says locals once bought his nuts by the kilo but soa...
- Charting the Global Economy: Sentiment among US consumers wanesAs consumer sentiment declines in the US and Japan experiences weakening household spending, Europe faces challenges with rising bond yield...
- Wall Street Week Ahead: Bank earnings, CPI headline busy markets week as S&P 500 hovers near recordsU.S. stock investors are on high alert as they anticipate quarterly earnings reports from major banks, including JPMorgan and Goldman Sachs...
- US stocks: US market posts weekly gains with earnings, inflation data on tapWall Street finished strong on Friday, fueled by optimism ahead of the third-quarter earnings reports from major players like Wells Fargo a...
- US consumer sentiment deteriorates further in OctoberThe University of Michigan's Surveys of Consumers said its Consumer Sentiment Index dropped to 46.3 this month from a final reading of 48.1...
- Donald Trump approval rating crashes among Republicans weeks ahead of November 3 US midterm electionsDonald Trump approval rating: Concerns about the economy and the war have driven Trump's public approval to record lows and have been weigh...
- ET Interview: India’s aspirational middle class gives it demographic edge, says Verlinvest CEO Roberto ItaliaVerlinvest is planning to invest €1 billion in India over the next five years, reflecting the country's economic dynamism. The firm identif...
- US luxury spending falls for third month as wealthy shoppers turn cautious ahead of midtermsUS credit card spending on luxury brands fell by 6% from a year earlier in September. This marked the third consecutive monthly decline lea...
- US trade deficit widens in August amid strong importsThe US trade deficit increased by 13.7% in August, reaching $105.6 billion. This rise reflects strong domestic demand and increased imports...
- Festive cheer shifts beyond metros as consumer brands bet big on small-town IndiaConsumer brands are turning to tier-2 and smaller cities for festive-season growth as urban consumption weakens. Titan, Nykaa, Biba, Fabind...
- America In Focus: Unemployment rate climbs, mortgage rate hits nearly 3 year highThe US economy showed mixed signals over the past week, with consumer confidence falling to its lowest level since 2014 and mortgage rates ...
- Global Market Today: Asian shares mixed as bond yields, oil keep investors on edgeContracts for the S&P 500 Index rose 0.5% after the underlying gauge erased its gains to close 0.2% lower in the final hours of Wednesday t...
- US economy second quarter growth: GDP grows 2.2 percent as consumer spending and business investment riseThe US economy grew 2.2 percent in the second quarter from April to June, the Commerce Department announced recently. Consumer spending and...
- US economy picks up pace, grows 2.2% as consumer spending, AI investment surgeThe US economy grew at a 2.2% annual pace in the second quarter, up from the government’s earlier 1.5% estimate, as consumer spending and b...
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