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| Gold V.1.3.1 signal Telegram Channel (English) |
Families making less than $50,000 are stretched, though. “In some cases, people are managing spending paycheck to paycheck,” the discount chain’s CEO said. Source: nbcnews.com
Walmart Inc., a bellwether of consumer spending, cited a “hiring recession” and pressures on shoppers as it forecast less growth in earnings this year than Wall Street was expecting. Source: bloomberg.com
Venezuela’s economic and humanitarian situation is “quite fragile,” the International Monetary Fund said on Thursday, adding that it was seeing inflation estimated to be in the triple digits and a rapid depreciation of the currency. Source: reuters.com
Federal Reserve governor Stephen Miran dialed back his calls for how deeply the Fed should cut rates this year, telling an interviewer that recent data have reflected a stronger economy than he had expected. Source: wsj.com
Source: pbs.org
The combination is drawing comparisons to the infamous “jobless recovery” of the early 2000s that followed the tech bubble and collapse. Source: detroitnews.com
You were right all along: companies are intentionally putting you on hold longer so you just give up Source: fortune.com
The call by a top Trump administration official for New York Federal Reserve staff to “be disciplined” for recent research on tariffs was just the latest move by the administration to undermine the independence of the central bank, Minneapolis Fed president Neel Kashkari said on Thursday. Source: reuters.com
The president will headline an event in Rome today ahead of a special election to replace Marjorie Taylor Greene in Congress. Source: ajc.com
Data released Thursday by the Census Bureau showed the overall trade deficit with the world narrowed, the result of an expanding trade surplus in services. The trade deficit in goods was the highest on record. Source: nytimes.com
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| Gold V.1.3.1 signal Telegram Channel (English) |