Economy

Lululemon warns about ‘cautious shopper’ as inflation, tariff issues take a toll

Lululemon inventory (LULU) fell 15% in afternoon buying and selling after CEO Calvin McDonald mentioned shoppers are starting to spend…

3 weeks ago

Weak spending, sticky costs, rising inflation expectations a foul combine for Fed

By Howard Schneider WASHINGTON (Reuters) -The U.S. Federal Reserve's seemingly locked-in path to a smooth touchdown, already roiled by the…

3 weeks ago

Market Rout Begins With Large Tech as Tariff, Inflation Fears Hit

(Bloomberg) -- US shares buckled once more Friday as threat property have been pummeled by the whole lot from renewed…

3 weeks ago

US extends Serbian oil agency NIS’s sanctions waiver for 30 days, President Vucic says

BELGRADE (Reuters) - The USA Treasury has granted a 30-day extension to the Serbian oil firm NIS's sanctions waiver, Serbian…

3 weeks ago

Unique-Fed’s Daly says two fee cuts this 12 months ‘cheap’ as companies regulate to tariffs

(Reuters) - San Francisco Federal Reserve Financial institution President Mary Daly nonetheless sees two interest-rate cuts this 12 months as…

3 weeks ago

The Fed’s inflation dilemma simply acquired tougher as Trump’s new tariffs loom

The Federal Reserve’s most popular inflation gauge confirmed costs in February rose greater than anticipated, re-intensifying the central financial institution’s…

3 weeks ago

Dow, S&P 500, Nasdaq slide as Fed’s favored inflation gauge is available in scorching

US shares opened decrease on Friday as buyers assessed the newest inflation information and anticipated reciprocal tariffs anticipated to be…

3 weeks ago

Dow, S&P 500, Nasdaq slide as Fed’s favored inflation gauge is available in scorching

US shares opened decrease on Friday as traders assessed the newest inflation knowledge and anticipated reciprocal tariffs anticipated to be…

3 weeks ago

US Feb PCE costs index exhibits inflation image nonetheless a conundrum

(Reuters) - The Private Consumption Expenditures (PCE) value index elevated 0.3% in February after advancing by an unrevised 0.3% in…

3 weeks ago

US inflation remained elevated final month as client spending recovered

WASHINGTON (AP) — An inflation gauge carefully watched by the Federal Reserve remained excessive final month even earlier than the…

3 weeks ago