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Wall Street ignores inflation, consumer sentiment for now
44+ min ago (538+ words) Wall Street is wondering "how long can it go on" regarding the Iran war and "how low can it go" about consumer sentiment. MANHATTAN (CN) " Markets notched sizeable gains this week, even as gasoline prices, consumer sentiment and inflation concerns…...
Kevin Warsh sworn in as Federal Reserve chair
28+ min ago (17+ words) KRCR Kevin Warsh sworn in as Federal Reserve chair...
Walmart shoppers are filling their gas tanks with less than 10 gallons for the first time since 2022, and its CFO calls it "an indication of stress
49+ min ago (68+ words) Gas is up 42% in a year and above $4 in all 50 states....
Hosting a Memorial Day cookout? Here's how much it could cost
54+ min ago (500+ words) Chicago Federal Reserve Bank president Austan Goolsbee discusses Kevin Warshs new agenda on The Claman Countdown. Americans who are planning to grill this Memorial Day weekend are likely to see prices notably higher for a number of barbecue staples as…...
Jamaican Economy Contracted During the First Quarter of 2026
6+ hour, 21+ min ago (1052+ words) KINGSTON, Jamaica " The Jamaican economy contracted by an estimated 5. 9 per cent during the January to March 2026 quarter, compared with the corresponding quarter of 2025, the director general of the Planning Institute of Jamaica (PIO) Dr Wayne Henry said on Wednesday. "The…...
Standard & Poor's confirms Kuwait AA- rating, stable outlook maintained
16+ min ago (244+ words) Arab Times Kuwait News Standard & Poor's confirms Kuwait AA- rating, stable outlook maintained KUWAIT CITY, May 22: The Central Bank of Kuwait has announced that Standard & Poor's (S&P) has affirmed Kuwait's long-term sovereign credit rating at AA- and short-term rating at…...
High gas prices, cost of living send US consumer sentiment to all-time low
6+ hour, 38+ min ago (518+ words) People purchase gasoline at a Sunoco gas station ahead of the Memorial Day weekend in Philadelphia on May, 21. (CNN) " Americans just loathe this economy. A closely watched measurement of US consumer sentiment fell to a fresh, all-time low in May,…...
Consumer Sentiment Collapses as Iran Conflict Fuels Inflation Fears
24+ min ago (429+ words) High gas prices drove consumer sentiment down to a new low in May. The University of Michigan's Index of Consumer Sentiment dropped by five points during the month, to 44. 8, according to the Surveys of Consumers' final results for May. The…...
America In Focus: mortgage rate rises while Wall Street looks to continue its winning ways
4+ hour, 13+ min ago (588+ words) The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store or gas station are more painful than they were last year, and that is…...
Infrastructure spending in South Africa to reach $26 billion per year by 2050
2+ hour, 32+ min ago (275+ words) Over the next 25 years, infrastructure investment in South Africa is forecast to be led by transport, resources and power, which together will account for more than 60% of total infrastructure spend through to 2050. That is according to research from Pw C. The…...