NEW YORK (AP) — Shoppers spent at a healthy pace in July, particularly at the nation’s auto dealerships, even as President Donald Trump’s tariffs start to take a toll on jobs and lead to some price increases. But the figures also underscore anxiety among Americans: all the uncertainty around the expansive duties appears to be pushing them to step up …
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Car buyers rev up U.S. retail sales in effort to beat tariff price hikes. Economy is still growing. – MarketWatch
Car buyers rev up U.S. retail sales in effort to beat tariff price hikes. Economy is still growing. MarketWatch Retail sales rise 0.5% in July, missing forecasts but marking second straight monthly gain after spring slide Yahoo Finance US retail sales rise in July; softening job market poses risk to spending Reuters US Retail Sales Climb in Broad Advance After Upward Revision Bloomberg.com Retail …
Read More »US retail sales rise in July; softening job market poses risk to spending – Reuters
US retail sales rise in July; softening job market poses risk to spending ReutersView Full Coverage on Google News Source link
Read More »US Retail Sales Climb in Broad Advance After Upward Revision – Bloomberg.com
US Retail Sales Climb in Broad Advance After Upward Revision Bloomberg.com Stock market today: Dow eyes record on UnitedHealth surge, S&P 500, Nasdaq fall as rate-cut bets cool Yahoo Finance Retail sales jump as discount events stoke spending Axios Treasury yields flat after July’s solid retail sales data report CNBC Automobiles, promotions bolster rise in US retail sales in July Reuters Source link
Read More »Retail sales climbed 0.5% in July
Facebook Tweet Email Link Washington — Americans are still opening their wallets, boosted by low unemployment and improving consumer sentiment. Spending at US retailers rose 0.5% in July, the Commerce Department said Friday. That’s down from June’s upwardly revised 0.9% gain, and in line with economists’ expectations. Retail sales are adjusted for seasonal swings, but not inflation. Consumer sentiment plummeted …
Read More »China's factory output, retail sales growth slump in blow to economy – Reuters
China’s factory output, retail sales growth slump in blow to economy Reuters China’s growth stumbles in July as retail sales, industrial output miss forecasts CNBC China’s Economy Slows Broadly Even as Exports Keep Rising The New York Times China’s Economy Slows Sharply in Ominous Sign for Outlook Bloomberg.com China’s Economy Shows Signs Of Slowing, Raising Pressure on Beijing The Wall Street Journal Source link
Read More »Peloton Readies Updated Bike, AI Push and Accessories to Boost Sales – Bloomberg.com
Peloton Readies Updated Bike, AI Push and Accessories to Boost Sales Bloomberg.com Peloton’s AI-Driven Reinvention: A Strategic Bet on the Future of Fitness AInvest Peloton to roll out new equipment, AI features in fall refresh – Bloomberg (PTON:NASDAQ) Seeking Alpha Peloton plans major product refresh with AI integration for October – Bloomberg Investing.com Peloton Plans Bike Refresh, AI Integration As It Looks To Rejuvenate …
Read More »Grammy-nominated singer forced to cancel tour over poor ticket sales. ‘I’m extremely embarrassed.’
Grammy-nominated singer JP Saxe continued to pull the curtain back and let fans in on his decision to cancel his upcoming North American Fall tour. On July 28, the singer best known for his 2019 collaboration with Julia Michaels, “If the World Was Ending,” posted an urgent message on his TikTok account. He told fans that he had exactly 48 …
Read More »Classic car auction sales expectations
A general view at Pebble Beach Concours d’Elegance on August 18, 2024 in Monterey, California. Since 1950, the annual Pebble Beach Concours d’Elegance has hosted the world’s most beautiful and expensive collectable cars on the Competition Field along Carmel Bay. Matt Jelonek | Getty Images News | Getty Images A version of this article appeared in CNBC’s Inside Wealth newsletter …
Read More »AMD Brushes Off China AI Sales Hit as Citi Calls Impact ‘Largely Immaterial’
Aug 13 – Advanced Micro Devices (NASDAQ:AMD) grabbed attention this week after reports revealed the chipmaker agreed to give the U.S. government 15% of its AI GPU sales in China in exchange for export licenses. While that sounds like a big deal, Citi analyst Christopher Danely says it’s largely immaterial to AMD’s bottom line. Danely points out that the agreement …
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