U.S. CPI Softer Than Expected at 0.3% in April; Bitcoin Rises to $63.7K
Inflation eased slightly in April, along with a decline in retail sales, leading to speculations on interest rates and impacting Bitcoin price.
Pound gains on retail sales but faces uncertainty ahead - London Business News | Londonlovesbusiness.com
The British pound is strengthening due to rising retail sales and declining unemployment, but potential interest rate cuts may limit this positive trend.
Gold prices rise on weaker US dollar, awaiting crucial CPI data
Gold prices rise on weakened US dollar and subdued Treasury yields, influenced by Fed Chair Powell's inflation outlook.
Yen rebounds on intervention risks - London Business News | Londonlovesbusiness.com
Japanese yen experienced volatility and recovery, potential BoJ intervention and interest rate hikes, market anticipates a retail sales slowdown.
U.S. CPI Softer Than Expected at 0.3% in April; Bitcoin Rises to $63.7K
Inflation eased slightly in April, along with a decline in retail sales, leading to speculations on interest rates and impacting Bitcoin price.
Pound gains on retail sales but faces uncertainty ahead - London Business News | Londonlovesbusiness.com
The British pound is strengthening due to rising retail sales and declining unemployment, but potential interest rate cuts may limit this positive trend.
Gold prices rise on weaker US dollar, awaiting crucial CPI data
Gold prices rise on weakened US dollar and subdued Treasury yields, influenced by Fed Chair Powell's inflation outlook.
Yen rebounds on intervention risks - London Business News | Londonlovesbusiness.com
Japanese yen experienced volatility and recovery, potential BoJ intervention and interest rate hikes, market anticipates a retail sales slowdown.
Luxury pilgrimages bring tourists to Japan to scoop up high-end goods. Brands like LVMH would rather they not
Chinese shoppers travel to Japan for luxury goods due to lower prices driven by weak yen, creating a surge in visitors and boosting Japan's retail sales.
How AI and ML bridge the attribution disconnect across marketing channels | MarTech
Marketers must integrate AI and machine learning to connect digital marketing efforts with in-store purchasing behaviors to achieve accurate ROI assessment.
Clogs' popularity helps Birkenstock to highest ever quarterly sales
Birkenstock achieved record quarterly sales driven by rising popularity of clogs and a shift in consumer preferences towards comfort and quality.
Mike's Bikes launches 'mega sale' with discounts on everything sitewide
Retailers like Mike's Bikes may surprise shoppers with unexpected sales events, offering significant discounts on products across the website.
Luxury pilgrimages bring tourists to Japan to scoop up high-end goods. Brands like LVMH would rather they not
Chinese shoppers travel to Japan for luxury goods due to lower prices driven by weak yen, creating a surge in visitors and boosting Japan's retail sales.
How AI and ML bridge the attribution disconnect across marketing channels | MarTech
Marketers must integrate AI and machine learning to connect digital marketing efforts with in-store purchasing behaviors to achieve accurate ROI assessment.
Clogs' popularity helps Birkenstock to highest ever quarterly sales
Birkenstock achieved record quarterly sales driven by rising popularity of clogs and a shift in consumer preferences towards comfort and quality.
Mike's Bikes launches 'mega sale' with discounts on everything sitewide
Retailers like Mike's Bikes may surprise shoppers with unexpected sales events, offering significant discounts on products across the website.
Walmart's total US retail sales reached $533.96 billion in 2023, growing 6.9% YoY, positioning it as the top US retailer.
Amazon's retail sales growth ebbs in Q2
Amazon's retail sales growth is slowing this year, but its retail-adjacent services like ad revenue, subscription revenue, and third-party seller services are showing more robust growth. Analysts and Amazon executives focus on AWS, which doubled net income year over year.
Amazon services outpace retail growth in Q1
Amazon's non-retail services are outpacing retail sales, with a significant increase in net income driven by AWS and advertising services.
Best Prime Day gaming deals to shop in October 2024
October Prime Day offers significant discounts on gaming products, allowing gamers to save on consoles, games, and accessories.
Walmart leads the top 10 US retailers by sales
Walmart's total US retail sales reached $533.96 billion in 2023, growing 6.9% YoY, positioning it as the top US retailer.
Amazon's retail sales growth ebbs in Q2
Amazon's retail sales growth is slowing this year, but its retail-adjacent services like ad revenue, subscription revenue, and third-party seller services are showing more robust growth. Analysts and Amazon executives focus on AWS, which doubled net income year over year.
Amazon services outpace retail growth in Q1
Amazon's non-retail services are outpacing retail sales, with a significant increase in net income driven by AWS and advertising services.
Best Prime Day gaming deals to shop in October 2024
October Prime Day offers significant discounts on gaming products, allowing gamers to save on consoles, games, and accessories.
Goldman Sachs trims recession odds to 20% from 25% on strong data
Goldman Sachs lowers US recession probability to 20%, buoyed by positive economic data.
Further cuts in recession expectations depend on upcoming job report results.
US Dollar breathes after positive economic performance data - London Business News | Londonlovesbusiness.com
The U.S. dollar rebounds due to stronger-than-expected retail sales and industrial production, but its future depends on Federal Reserve's monetary policy decisions.
Retail sales may pose some risk to the gold price - London Business News | Londonlovesbusiness.com
The upcoming Fed meeting will influence gold prices, with a need for clarity to inspire new buying interest.
The gold market's reaction to retail sales data may be subdued unless the figures are unexpectedly shocking.
Goldman Sachs trims recession odds to 20% from 25% on strong data
Goldman Sachs lowers US recession probability to 20%, buoyed by positive economic data.
Further cuts in recession expectations depend on upcoming job report results.
US Dollar breathes after positive economic performance data - London Business News | Londonlovesbusiness.com
The U.S. dollar rebounds due to stronger-than-expected retail sales and industrial production, but its future depends on Federal Reserve's monetary policy decisions.
Retail sales may pose some risk to the gold price - London Business News | Londonlovesbusiness.com
The upcoming Fed meeting will influence gold prices, with a need for clarity to inspire new buying interest.
The gold market's reaction to retail sales data may be subdued unless the figures are unexpectedly shocking.
US consumer borrowing saw a significant increase in July, with concerns about rising credit card balances and potential future risks to spending.
London stocks drop as markets shaken by global IT outage
Major global IT shortage impacted markets, FTSE 100 and other main markets closed lower, retail sales data from the UK Office for National Statistics was weaker than expected.
American debt is growing faster than predicted
US consumer borrowing saw a significant increase in July, with concerns about rising credit card balances and potential future risks to spending.
London stocks drop as markets shaken by global IT outage
Major global IT shortage impacted markets, FTSE 100 and other main markets closed lower, retail sales data from the UK Office for National Statistics was weaker than expected.
Goldman Sachs' recession forecast is now 20%, reflecting a volatile economic outlook influenced by retail sales and job reports.
Conservatives attack Labour over public sector pay settlements UK politics live
Sadiq Khan to end Ulez scrappage scheme by September 7.
Priti Patel champions high migration levels for NHS and economic support.
Retail sales rise by 0.5% in July after previous decline.
Loblaw says Q2 net earnings fell by $51M due to charges from class-action settlements | CBC News
Net income of Loblaw Cos. Ltd. fell 10% in Q2 due to class action lawsuit charges and missed revenue expectations, while discount banners like No Frills saw food sales growth.
DAX gains at opening - London Business News | Londonlovesbusiness.com
German stock market recorded gains despite weaker retail sales data and fastest import price growth since September. Weak willingness to buy but expectations for increased consumer demand.
May US retail sales report points to further signs of fatigue for the US consumer - London Business News | Londonlovesbusiness.com
US consumer shows signs of fatigue despite some positive metrics.
Logistics Report: Shipping Recovery Stacking Up; China's Carmakers Look Past U.S. Market
U.S. inflation eased in April, retail sales flat, oil-demand forecast cut, Thyssenkrupp lowers outlook, Red Lobster bankruptcy expected, tanker sector in bull market.
May US retail sales report points to further signs of fatigue for the US consumer - London Business News | Londonlovesbusiness.com
US consumer shows signs of fatigue despite some positive metrics.
Logistics Report: Shipping Recovery Stacking Up; China's Carmakers Look Past U.S. Market
U.S. inflation eased in April, retail sales flat, oil-demand forecast cut, Thyssenkrupp lowers outlook, Red Lobster bankruptcy expected, tanker sector in bull market.
3 China Stocks Poised for Market Domination | Entrepreneur
China's retail sales and factory output exceeded estimates, providing relief to policymakers and signaling a solid start for 2024.
Investing in Chinese stocks like Alibaba, Trip.com Group, and Vipshop, touted for market dominance, could be advantageous amid the positive economic indicators.
UK probably left recession as economy grows 0.2% in January
UK economy rebounded in January with a 0.2% growth in GDP
Services sector and retail sales were major contributors to the economic growth
Weight Loss Drugs Are Poised to Cost New York City Retail, According to Study
Weight loss drugs like Ozempic and Wegovy are impacting retail size curves in NYC, leading to potential losses and challenges for brands and retailers.