Feb 20, 2025 | Markets
Findings suggest fallout from tax-raising budget is persisting Household spending is the key driver of the British economy British households are more gloomy about the economy than when the UK was emerging from a downturn a year ago, a blow to Chancellor Rachel...
Feb 20, 2025 | Markets
New Defense secretary makes first foray into budget planning Memo doesn’t address future of Pentagon’s costly F-35 program Defense Secretary Pete Hegseth’s plan to reduce projected US military spending by 8% over the next five years would spare southwest border...
Feb 20, 2025 | Markets
Retail demand, pension fund flows start to fade: Rubner Systematic Funds can sell up to $61B over the next month The US stock market can flip into a correction territory as retail and institutional buyers are running out of steam, according to Goldman Sachs Group...
Feb 20, 2025 | Markets
Walmart sees smaller sales gains in the current fiscal year Guidance doesn’t include impact of tariffs, CFO says Walmart Inc. forecast lower-than-expected profit for the full year, signaling that even the world’s largest retailer isn’t immune to risks in the broader...
Feb 20, 2025 | Markets
Treasury secretary notes Fed QT program as one factor Bessent says rejigging US debt sales will be ‘path dependent’ Treasury Secretary Scott Bessent said that any move to boost the share of longer-term Treasuries in government debt issuance is some ways off, given...
