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Higher Mortgage Rates Sink in: Consumers Less Optimistic About Rate Drops, More Concerned About Rising Rents
Published on: February 07, 2025, 09:03 PM UTC
US-China trade battle: Apple hit by both sides, Tech's biggest names face China antitrust heat
Published on: February 07, 2025, 09:03 PM UTC
Americans are increasingly concerned about inflation, with sentiment hitting a 7-month low as inflation expectations surge to 4.3%. The University of Michigan's consumer sentiment survey signals concerns about stagflation, but the Fed emphasizes longer-term market-based measures of inflation, which remain anchored near target.
Published on: February 07, 2025, 09:02 PM UTC
The US labor market remains resilient, with unemployment at a eight-month low, wages growing, and job gains revised higher. This suggests the Federal Reserve is unlikely to cut interest rates in the near term.
Published on: February 07, 2025, 09:01 PM UTC
Oil prices fall for a third week as US-China trade war concerns weigh on markets
Published on: February 07, 2025, 09:01 PM UTC
Oil prices fell for a third straight week as concerns over US-China trade tensions and weak demand in Asia overshadowed the impact of US sanctions on Iran.
Published on: February 07, 2025, 09:00 PM UTC
Get ready for Super Bowl LIX: Chicken wing demand hits record highs, boosting delivery and restaurant stocks. Domino's, Wingstop, Molson Coors, and Mondelēz poised for sales surge, while PepsiCo faces challenges amid inflation and market share shifts.
Published on: February 07, 2025, 08:03 PM UTC
US stock markets fell on Friday amidst worries about potential additional tariffs announced by the Trump administration, while simultaneously digesting a jump in consumer expectations for inflation and the letdown of a monthly jobs report.
Published on: February 07, 2025, 08:03 PM UTC
Despite rising mortgage rates and flat sales, consumers are slightly more optimistic about buying, selling, and home prices, per Fannie Mae survey.
Published on: February 07, 2025, 08:03 PM UTC
US-China trade war: Apple, Google, Intel, Nvidia face antitrust probes
Published on: February 07, 2025, 08:02 PM UTC