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News
Walmart posts weakest growth in years, a worrying sign of inflation-weary Americans
3+ week, 3+ day ago (702+ words) Consumer spending is important because it makes up roughly two-thirds of economic activity....budget-conscious havens TJ Maxx and Marshalls, reported slower sales growth for the division that includes those two...
After decades of free spending, Washington is facing some unpalatable choices
3+ week, 1+ day ago (1468+ words) This week’s bond market sell-off brought government borrowing costs to their highest level in almost two...“We have two levers to do that: raise taxes or cut spending....
Inside New Yorkers’ hopes and fears over Mamdani’s city-run grocery stores
3+ week, 1+ day ago (467+ words) development executive and construction entrepreneur, he’s a New Yorker who’s shocked that an orange costs $2...Yesi Morillo has run a gift shop and bookstore in that municipal market for nearly two years....moved into the new grocery store space, and…...
CEO of viral backflipping robot company says robots are still years from ‘ChatGPT moment,’ even after investors sent his sto
3+ week, 2+ day ago (602+ words) Unitree, Wang Xingxing, said Thursday the industry’s breakthrough, or “ChatGPT moment,” could take “2...
Bond traders are testing Kevin Warsh: The Fed chair will heed—but not be ruled by—them, says an economist who spent years si
3+ week, 4+ day ago (315+ words) conclusions, but the rise in the term premium and bear steepening of the curve following Warsh’s first two...Warsh’s defenders point out that he has been clear in his intention to bring inflation to heel at 2%....
As debt surpasses $40 trillion, the bill for Washington spending comes due
3+ week, 2+ day ago (1469+ words) This week’s bond market sell-off brought government borrowing costs to their highest level in almost two...“We have two levers to do that: raise taxes or cut spending....
Better to fear price controls than ‘dynamic pricing’
3+ week, 4+ day ago (324+ words) Adjacent to dynamic pricing is personalized pricing, or when a business charges two customers different...
Mamdani is going to town on the annoyance economy
3+ week, 6+ day ago (967+ words) Selling ice cream, for some reason, requires two different permits. Want to quit your gym?...
Bond Yields Jump and Stocks Slip as Iran Stalemate Unsettles Investors
3+ week, 5+ day ago (577+ words) and gas, were mostly down. The Nikkei 225 index fell 2.5 percent and the KOSPI in South Korea slid 1.6 percent,...
Investing in Bonds? Be Careful.
3+ week, 2+ day ago (897+ words) Startling headlines about the bond market are inescapable. Yields of U.S. Treasuries this week touched their highest levels since the financial crisis of 2007, and bonds in Canada, Japan, Germany breached levels they hadn’t reached in at least a decade. But volatility…...