Strong retail sales mask widening K-shaped economy as consumer financial stress mounts
(Kitco News) – The U.S. consumer continues to support economic growth, but beneath resilient headline spending, new data…
Russia’s richest businessmen are moving billions abroad amid fears of asset seizures, Bloomberg reports — Meduza
Several of Russia’s wealthiest businessmen have moved billions of dollars out of the country over the past year amid growing concern…
Why The US Recession Has To Pass Through Asia First (SP500)
This article was written by Follow Passionate about geopolitics and macroeconomics, I express my opinion through my articles…
Decades long bull turns bearish. Cites structural deficits, inflation, and AI-driven borrowing in historic bearish pivot.
Decades long bull turns bearish. Cites structural deficits, inflation, and AI-driven borrowing in historic bearish pivot. !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !”#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}
Retail sales up modest 0.2% in June amid economic uncertainty, fading benefits from tax refunds
NEW YORK — Shoppers slowed their spending in June from May amid continuing economic uncertainty and fading benefits…
Retail electric rate increases outpace inflation with prices set to rise higher
Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback.…
Builder Sentiment Stays Weak as Affordability Concerns Persist
Economic uncertainty and persistent affordability challenges driven by rising material prices, high land costs, and elevated mortgage rates…
Mortgage Rates Move Slightly Higher
While some news stories suggest that rates are the highest in 11 months today, that’s not quite true.…
US imposes new 25% tariffs on Brazil, expands exemptions list
By Devika Madhusudhanan Nair and Shubham Kalia July 15 (Reuters) – The U.S. has announced 25% duties on…
US weekly unemployment claims fall to 208,000, fewest in 10 weeks
WASHINGTON — Filings for unemployment benefits fell last week to the lowest level in 10 weeks as U.S.…
Foreclosure filings surged 21% this year. Here are the states where they are rising fastest.
Foreclosures across the U.S. ballooned in the first half of the year, a sign of the increasing financial…
Two-thirds of Americans find groceries unaffordable, Post-Ipsos poll finds – The Washington Post
Two-thirds of Americans find groceries unaffordable, Post-Ipsos poll finds The Washington PostThe Problem Trump Said Got Him Elected Is…