Wells Fargo out with 2022 predictions, sees still-hot growth and inflation U.S. economic growth will remain above 5% next year, while the Federal Reserve will let retail inflation run hot, according to Wells Fargo's midyear forecast out ...
US retail sales fell 1.3% in May, chip shortage dings autos Sales dropped a seasonal adjusted 1.3% in May from the month before, the U.S. Commerce Department said Tuesday. Wall Street analysts expected a smaller ...
U.S. Retail Spending Fell 1.3% in May Retail sales dropped 1.3% in May as prices businesses charge their customers rose rapidly, signs supply-chain disruptions are holding back economic growth ...
Wholesale prices jump again in May, PPI shows, and add to rising U.S. inflation U.S. wholesale prices jumped again in May for the fifth month in a row in a sign that inflationary pressures tied to the reopening of the U.S. economy are...
Alibaba co-founder: U.S. economy 'roaring back', defends Chinese government Joseph Tsai, co-founder of Chinese search engine Alibaba (BABA), said Monday that the U.S. economy will come "roaring" back following COVID-19. He also ...
U.S. retail sales fall in May; producer prices increase U.S. retail sales fell more than expected in May, with spending rotating back to services from goods as vaccinations allow Americans to travel and engage in ...
US Retail Sales May 2021 Decline After 2 Months of Gains U.S. retail sales declined in May, after a stimulus-related splurge in the prior two months, suggesting consumers are starting to shift more of their spending to ...
Bank of America reports uptick in spending as consumers get ready for post-pandemic splurge Bank of America customer spending on credit and debit cards and over the Zelle network is 20% higher than the same period in 2019.
Owner of malls in Morgantown & Vienna file for Chapter 11 MORGANTOWN – The owners of the Morgantown Mall are filing for Chapter 11 Bankruptcy protection, citing struggles due to the pandemic. Washington Prime ...
China tells e-commerce platforms to regulate promotional phone messages China's industry ministry on Tuesday said that it had told e-commerce giants Alibaba, JD.com and Pinduoduo to regulate their use of promotional phone ...
Fourth stimulus check update: What's behind the push for recurring payments to Americans? As the IRS distributes the $1400 stimulus payments, some lawmakers say the money won't last three months.
Apple TV+ free trial will be reduced to three months starting July 1st Since it first launched, Apple has been offering a free year of its TV+ streaming *service* to buyers of new devices, but that perk is about to end. Starting July 1st ...
