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Jun 6, 2025

Fed’s Fifth District expands slightly amid uncertainty

The Fifth District economy saw mild growth, with mixed hiring, rising import costs, and steady consumer spending despite economic uncertainty.

Dollar General hits record $10.44B in quarterly sales
Jun 3, 2025

Dollar General hits record $10.44B in quarterly sales

Dollar General posts $10.44B in record quarterly sales and raises outlook as consumers shift to discount retailers amid economic uncertainty.

US stocks drift lower as mixed profit reports from retailers and higher Treasury yields weigh
May 21, 2025

Target sales drop in 1st quarter and retailer warns they will slip for all of 2025

Target projects lower 2025 sales as tariffs, consumer cutbacks, and backlash over its DEI and Pride merchandise changes weigh on performance.

US stocks drift lower as mixed profit reports from retailers and higher Treasury yields weigh
May 21, 2025

US stocks drift lower as mixed profit reports from retailers and higher Treasury yields weigh

Wall Street futures fell after Target’s weak forecast and rising oil prices fueled by reports of possible Israeli action against Iranian nuclear sites.

US inflation cools and Americans step up spending as they brace for tariff impact
Apr 30, 2025

US inflation cools and Americans step up spending as they brace for tariff impact

Inflation slowed to 2.3% in March while consumer spending jumped, especially on cars, ahead of Trump's tariffs. Fed expected to hold interest rates.

Major companies face a difficult task in estimating the impact of tariffs on their business
Apr 29, 2025

Major companies face a difficult task in estimating the impact of tariffs on their business

Top companies like Kraft Heinz, JetBlue, and GM report financial strain and outlook changes as Trump’s tariffs drive economic and consumer uncertainty.

US consumer confidence plunges to lowest in 5 years on tariff worries
Apr 29, 2025

US consumer confidence plunges to lowest in 5 years on tariff worries

Consumer confidence in the U.S. fell for a fifth straight month, hitting the lowest level since 2020 amid rising tariff concerns and recession fears.

An aerial view shows auto dealerships in Cerritos, Calif., Thursday, March 27, 2025. (AP Photo/Jae C. Hong)
Mar 28, 2025

Noted economist honored by Trump warns his 25% tariffs could add $4,711 to the cost of a vehicle

WASHINGTON (AP) — Noted economist Arthur Laffer warns in a new analysis that President Donald Trump’s 25% tariffs on auto imports could add $4,711 to the cost of a vehicle and says the proposed taxes could weaken the ability of U.S. automakers to compete with their foreign counterparts. In the 21-page analysis obtained by The Associated Press, […]

Unsold 2025 Countryman utility vehicles sit on display at a Mini dealership Sunday, March 23, 2025, in Highlands Ranch, Colo. (AP Photo/David Zalubowski)
Mar 28, 2025

US consumers remained cautious about spending last month as inflation ticked higher

WASHINGTON (AP) — Inflation picked up last month and consumers barely raised their spending, signs that the economy was already cooling even before most tariffs were imposed. Friday’s report from the Commerce Department showed that consumer prices increased 2.5% in February from a year earlier, matching January’s annual pace. Excluding the volatile food and energy categories, cor[...]

U.S. economy grew 2.4% in the 4th quarter after upgrade in final growth estimate
Mar 27, 2025

U.S. economy grew 2.4% in the 4th quarter after upgrade in final growth estimate

WASHINGTON (AP) — The U.S. economy expanded at a healthy annual 2.4% pace the final three months of 2024, supported by a year-end surge in consumer spending, the government said Thursday in a slight upgrade of its previous estimate of fourth-quarter growth. But it’s unclear whether the United States can sustain that growth as President Donald Trump wages […]

Americans increased spending tepidly last month as anxiety over the economy takes hold
Mar 17, 2025

Americans increased spending tepidly last month as anxiety over the economy takes hold

WASHINGTON (AP) — U.S. shoppers stepped up their spending just a bit in February after a sharp pullback the previous month, signaling that Americans are shopping more cautiously as concerns about the direction of the economy mount. Retail sales rose just 0.2% in February, a small rebound after a sharp drop of 1.2% in January, […]

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