Dollar General says it closed almost 100 stores in the fourth quarter but its sales actually went up—and Wall Street is loving it
Dollar General also plans to expand in 2025. Part of the company’s plan in closing nearly 100 underperforming stores—which ...
Consumer sentiment continues to plunge on fears over Trump’s trade war, tumbling 11% this month
The Trump bump in consumer sentiment is now a Trump slump.
ECB’s Escriva Sees ‘Very Significant’ Risks to Baseline Scenario
The European Central Bank’s assumptions for inflation and economic growth face big risks in each direction, according to ...
The Stock Market Tends to Rally Big After a Correction
This level pullback typically occurs every year for markets that otherwise tend to move up and to the right. Dating back to 2008, the S&P 500 has averaged a 5% gain in the six months after a ...
Here's how tariffs will affect inflation: Goldman Sachs
President Donald Trump's tariff fight risks elevating the Federal Reserve's preferred inflation rate to about 3%, according ...
Minnesota’s job market is frozen, showing even employers have economic worries
It’s not just consumers uncertain about the U.S. economy after tariffs, federal layoffs, stubborn inflation and a falling ...
What To Expect From The Federal Reserve's March 2025 Meeting
When the FOMC meets next week, members will have more to consider than inflation rate targets and the job situation. See why ...
Tariffs, Schmariffs! Why some Wall Street power players aren’t worried about stocks
Tariffs have a history of igniting economic gloom. Economists believe they were the root of the Great Depression. After the ...
Gold surges above $3,000 for the first time as investors seek a haven from Trump tariffs
Some 52% of global fund managers told Bank of America in a survey that they view gold as "the best hedge against a full-blown ...
With uncertainty comes growing economic risk for the Fed to weigh
WASHINGTON (Reuters) -Since U.S. President Donald Trump took office in January, he has imposed biting new tariffs, with more ...
BNY Mellon Floating Rate Income Fund Q4 2024 Commentary
BNY Mellon Floating Rate Income Fund (Class A shares at NAV) outperformed its benchmark during Q4 2024. Click here to read ...
‘Reign of terror.’ Universities freeze hiring, rescind offers, start layoffs amid Trump cuts
More than a dozen schools, including Harvard, MIT, Brown, and the University of Pennsylvania, have frozen hiring.