Strong US retail sales boost first-quarter growth estimates

U.S. retail sales increased more than expected in March amid a surge in receipts at online retailers, further evidence that the economy ended the first quarter on solid ground. Read More

Strong US retail sales create fears that there won't any Fed rate cuts until September

Financial markets and most economists have pushed back their expectations for the first rate cut to September from June, and anticipate two rate cuts instead of the three envisaged by policymakers. A ... Read More

Retail sales surge 0.7% in March as Americans seem unfazed by higher prices with jobs plentiful

Americans increased their spending pace in March at a better-than-expected pace from the previous month, underscoring how shoppers remain resilient despite inflationary pressures and other economic ch ... Read More

Explainer-Charting the Fed's economic data flow

The U.S. Federal Reserve held its benchmark overnight interest rate steady in the 5.25%-5.50% range at its March 19-20 policy meeting, and officials continued to anticipate approving three ... Read More

V.F. Corporation Is A Strong Buy: This Bargain Stock Is My Top Turnaround For 2024

With Bracken Darrell leading the turnaround and significant activist involvement, V.F. Corporation is ready to return to growth. Read more about VFC stock here. Read More

Treasury Yields Reach New 2024 Highs After March Retail Sales

Most US Treasury yields climbed to new year-to-date highs, with the two-year note’s approaching 5%, after strong retail sales data further eroded investor confidence that the Federal Reserve will ... Read More

Treasuries Move Sharply Lower Following Upbeat Retail Sales Data

Treasuries showed a substantial move to the downside during trading on Monday, as strong U.S. retail sales data added to concerns ... Read More

US growth likely slowed last quarter but still pointed to a solid economy

The U.S. economy is thought to have extended its surprisingly healthy streak at the start of this year, with consumers still spending freely despite the pressure of high interest rates ... Read More

Dollar jumps, yen weakest since 1990 after strong U.S. retail sales

Retail sales rose 0.7% last month and data for February was revised higher to show sales rebounding 0.9% instead 0.6% ... The greenback has gained as still sticky inflation and strong growth leads ... Read More

PCE March 2024: Spending And Inflation Too Hot

US economy exceeds expectations with strong growth in personal spending and inflation, but risks to the inflation outlook loom. Click for my look at the data. Read More

Zegna Group Sales Rise in Q1, Boosted by the Americas, Direct-to-consumer Business

Reporting growth in revenues at the Ermenegildo Zegna Group in the first quarter of the year, its chairman and chief executive officer said during a call with analysts on Tuesday that the performance ... Read More

WRAPUP 2-Strong US retail sales boost first-quarter growth estimates

U.S. retail sales increased more than expected in March amid a surge in receipts at online retailers, further evidence that the economy ended the first quarter on solid ground. The report from the ... Read More