Feb 14, 2025 | Markets
2024 and 2023 saw a higher percentage, at 36% each year Inflation was on the rise in January 73% of Americans are saving less due to rising prices A new survey from Bankrate revealed that 33 percent of U.S. adults have more credit card debt than emergency savings....
Feb 14, 2025 | Markets
January value of receipts fell 0.9% after solid holiday season Cars, sporting goods and furniture stores led monthly decline US retail sales slumped in January by the most in nearly two years, indicating an abrupt pullback by consumers after a spending spree in the...
Feb 13, 2025 | Markets
Agencies were directed to lay off their probationary employees Department of Energy among agencies expected to reduce staff Thousands of probationary employees in multiple government agencies are facing dismissal as the Trump administration continued its effort to...
Feb 13, 2025 | Markets
Germany’s economy will probably shrink for a third year in 2025, according to the German Chamber of Commerce and Industry. A survey of about 23,000 companies across all sectors and regions of the country showed that “significantly more firms continue to expect worse...
Feb 12, 2025 | Markets
The “Magnificent 7” stocks are likely to continue falling out of favor as investors turn to cyclical stocks that benefit from economic growth. Key Takeaways The effects of last year’s Fed rate cuts appear to be boosting sectors like U.S. manufacturing and financial...
Feb 12, 2025 | Markets
The stock hasn’t recovered from DeepSeek-driven slump Key customers have earmarked $300 billion in capex spending Nvidia Corp. investors have typically rushed to buy the stock on any dips. But the mood since the DeepSeek-driven rout has been different, signaling that...
