Small "Santa Rally" As Futures Rebound After Traders Shrug Off Trump Veto Threat After initially tumbling after President Trump shocked the establishment and traders with a...
President-elect Joe Biden is expected to increase further government spending. For this and also other reasons, there is a risk that inflation under Biden’s presidency could...
Plunge In Retail Sales Shows Vulnerable Consumer: Personal Savings Rate Is Overstated Tyler Durden Fri, 12/18/2020 - 12:28 Authored by Joe Carson via TheCarsonReport.com, November’s retail...
The Canadian dollar is in red territory, with the North American markets yet to open. Currently, USD/CAD is trading at 1.2758, up 0.32% on the day....
US monetary policymakers have left key interest rates in the world’s largest economy at rock-bottom levels and indicated higher policy rates are still several years away....
Thanks to lockdowns, high unemployment, and general uncertainty and fear over covid-19, the personal saving rate in the United States in October was 13.6 percent, the...
Bill Blain's "Bearishly Pragmatic" Look At 2021 Tyler Durden Tue, 12/15/2020 - 08:13 Authored by Bill Blain via MorningPorridge.com, Bearishly Pragmatic At this time, its traditional...
Another Paradox: Consumer Spending Expectations Surge, Despite Dismal Income, Earnings Tyler Durden Mon, 12/14/2020 - 19:20 Call it the latest economic paradox. Despite widespread stories of...
Sanchali Pal first woke up to the world’s climate crisis after watching the 2008 documentary Food Inc. The Princeton undergraduate saw the film in 2011, and...
In a previous blog, we shed some light on the outlook for the global consumer class and its recovery from COVID-19. In this blog, we want...
CloseCloseCloseStocks plunge into a bear market as the viral outbreak threatens to devastate the economy.Healthcare has performed relatively better than the broader market which already has...
Consumers will have downloaded 130 billion apps in 2020 across iOS and Google Play, up 10% year-over-year, according to mobile data and analytics firm App Annie’s...
How The COVID Response Has Destroyed The Personal Finances Of Americans Tyler Durden Tue, 12/08/2020 - 20:45 Authored by Daisy Luther via The Organic Prepper blog,...
Shares of Tilly’s plunged 11.8% on Dec. 4 even as the company’s results for the third quarter of fiscal 2020 (ended Oct. 31) exceeded analysts’ expectations....
Welcome back to This Week in Apps, the TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry is...
Advanced new home purchases create a firm backlog of future construction activity and consumer spending, and may point to more inventory to come. The post Bought...
It has been up, up, up for the euro, which continues to batter the sad-sack US dollar. EUR/USD continues to gain ground, as the pair has...
Amazon Inc. is in exclusive talks to snap up podcast startup Wondery, as the e-commerce giant pushes further into the growing audio music sector, the Wall...
Kohl’s shares jumped 13.4% on Tuesday after the department store chain announced a long-term strategic partnership with Sephora to open “Sephora at Kohl's” locations within the...
Amazon’s cloud computing business announced that it will run Apple’s macOS workloads on its platform for the first time to allow developers building applications for Apple...
Welcome back to This Week in Apps, the TechCrunch series that recaps the latest in mobile OS news, mobile applications, and the overall app economy. The app industry...
We Haven't Seen This Much Suffering On Thanksgiving Since The Great Depression Tyler Durden Fri, 11/27/2020 - 22:00 Authored by Michael Snyder via The Economic Collapse...
Online and home goods retailers are experiencing a boost from the current health crisis. However, department stores and several other retailers selling apparel and footwear continue...
The oil market has caught a mild case of the raging disease. Not COVID, rather the purported cure for it. Vaccine-phoria has visited the energy sector...
On Black Friday, this year’s shopping will reach its peak. In the exceptional circumstances of 2020, the peak will not be high. The COVID-19 pandemic is...
US GDP, FOMC minutes ahead It’s been an impressive November so far but the rally is running on fumes as we near the end of the...
The COVID-19 pandemic has hit the consumer, leisure and media companies hard, but a new venture firm called The-Wolfpack is still very upbeat on those sectors....
Stock markets off to another strong start in Europe, with Wall Street poised for a similar open on the bell as Biden’s transition finally gets underway....
People Going Hungry = Record High Stock Prices Tyler Durden Mon, 11/23/2020 - 15:40 Authored by Simon Black via SovereignMan.com, New York City is up 33%...
This Week in Apps: Apple slashes commissions, Twitter launches Fleets, warnings about Parler