S&P 500, Nasdaq end at record highs as data, earnings point to consumer strength Reuters S&P 500 rises to new closing record, boosted by solid earnings and U.S. economic data: Live updates CNBC Stock Market Today: Dow Rises 250 Points; Earnings, Economic Data in Focus — Live Updates The Wall Street Journal Wall Street ticks toward a record as PepsiCo and tech stocks …
Read More »Tag Archives: Consumer
Morning Bid: Tariff imprint in US consumer price data – Reuters
Morning Bid: Tariff imprint in US consumer price data Reuters U.S. Inflation Accelerated in June as Trump’s Tariffs Pushed Up Prices The New York Times The tariff-driven inflation that economists feared begins to emerge AP News Trump’s trade war begins to show up in inflation data Axios Here’s the inflation breakdown for June 2025 — in one chart CNBC Source link
Read More »Capital One, Walmart: A look at some of the consumer cases dropped by the CFPB under Trump
NEW YORK (AP) — In the nearly six months since the Trump administration has had control of the Consumer Financial Protection Bureau, the bureau’s leadership has focused almost exclusively on rolling back any punishments, fines and penalties made against companies during the Biden administration. In some cases, companies that were supposed to refund their customers or pay a penalty for …
Read More »China’s Economy Grows 5.2% as Exports Offset Consumer Slide – Bloomberg
China’s Economy Grows 5.2% as Exports Offset Consumer Slide Bloomberg China’s Economy Grows Steadily Despite Trump’s Tariffs The New York Times China posts better-than-expected Q2 growth in face of Trump tariffs CNN China growth beats expectations as Trump tariffs loom BBC China’s economy slows as consumers tighten belts, US tariff risks mount Reuters Source link
Read More »JPMorgan Preparing to Charge FinTechs for Consumer Bank Data
JPMorgan has reportedly told FinTechs it will begin charging for access to customer bank info. That’s according to a report Friday (July 11) from Bloomberg News, which noted these fees from the largest American bank could amount to hundreds of millions of dollars, threatening the FinTech sector’s business model. The bank has sent pricing sheets to data aggregators — which …
Read More »