Inflation isn't falling as rapidly as it did last year, and consumers are taking notice. On Friday, the latest University of Michigan survey showed consumers expect inflation to hit 3.1% in the next year, an increase from expectations of 2.9% seen during March....

New plants opening in the US south struggling to fill openings Workers don’t want to give up low-interest mortgages to move Manager recruits in the industrial Midwest are shunning offers to move to the American south — in part because they’re locked into super-low...

Says L’Oreal is fundamentally ‘good company’ but expensive Carmignac fund is long Adidas, Prada and short Nike, Burberry French cosmetic giant L’Oreal has returned close to 12% annually for the past 20 years, but Malte Heininger, manager of Carmignac’s Long-Short...

New Zealand consumer spending was sluggish in the first three months of the year, indicating the economy remains weak. First-quarter retail purchases on credit and debit cards rose 0.1% from the fourth quarter, when they declined 0.9%, Statistics New Zealand said...

Singapore’s economy expanded slower than economists forecast, as a spending boost from increased tourism spurred by Taylor Swift concerts failed to offset a decline in manufacturing output. Gross domestic product grew 0.1% in the quarter ended March from the prior...

Discretionary among most net sold sectors last week: Goldman Retail ETF continues to slide after worst week in over a year Hedge funds are turning more bearish on US stocks and retailers amid uncertainty about how Americans are coping with persistent inflation and...

Tech investors are cautious as economies, IPO markets sputter AI is a bright spot as investors bet on technology’s promise Global venture capital funding declined 30% in the first quarter, continuing its slump as investors remain cautious amid sputtering economies and...

NFIB sentiment index declined nearly a point in March to 88.5 Sales expectations deteriorated, inflation still a top concern US small-business optimism dropped to a more than 11-year low in March as sales expectations slumped and inflationary pressures remained a...

The laws governing artificial intelligence are increasingly different depending on where you are in the US, a mounting source of confusion for businesses racing to capitalize on the rise of AI. This year, Utah state lawmakers are debating legislation requiring certain...

The share of US small-business owners who plan to add jobs fell in March for a fourth straight month, pointing to softer demand for labor. Some 11% of firms said they intend to add workers in the next three months on net, down a percentage point from February and the...

This week ties a three-day record set in 2008, data show Spike reflects weakness in telecom, pharmaceutical industries Going bankrupt happens slowly, then all at once, to paraphrase an old saying. For businesses of all sizes, all at once is happening now. This week is...

Fed’s Michael Barr says effects likely to extend for few years Vice chair speaks at event in Washington on Wednesday The Federal Reserve’s Michael Barr warned that banks are likely to continue to face stress from the struggling commercial real estate sector for an...

Stellantis, Ford and GM all showed weakness in first quarter Falling pickup sales part of broader shift to cheaper vehicles Sales of pricey pickup trucks at Stellantis NV, Ford Motor Co. and General Motors Co. faltered in the first quarter, a sign that high borrowing...

Iron ore prices fell to a ten-month low in April 2024. The drop was attributed to a warning from the China Iron and Steel Association about delayed steel demand recovery. Chinese steel mills were advised to take proactive measures to balance supply and demand in the...