News
Consumers aren't experiencing Trump's 'roaring' economy
2+ hour, 11+ min ago (445+ words) Consumers aren't experiencing Trump's 'roaring' economy'qz.com Is the economy 'roaring'? Consumers aren't convinced Even as Trump scoffs at affordability concerns, a suite of earnings reports and consumer confidence data show that affordability remains a major worry for Americans Michael…...
Where people spend the most and least on groceries in 2026
6+ hour, 34+ min ago (283+ words) It's probably not news to you that grocery prices are higher than ever. Since the pandemic, inflation has sent the cost of basic goods skyrocketing, and while some prices have come down since then, most Americans still can't believe their…...
An AI doomsday Substack post sparks a mini stock market crash
1+ day, 2+ hour ago (574+ words) Michael Nagle/Bloomberg via Getty Images What was behind a mini stock market crash on Monday " one that sent the down Dow by 1.7% and some individual stocks like Monday.com and DoorDash down about 7% each? According to a plethora of…...
Tech stocks fall as AI disruption fears hit more companies
1+ week, 1+ day ago (306+ words) Angela Weiss/AFP via Getty Images Wall Street is back to playing defense against AI. After the long weekend, stocks reopened under pressure. The Nasdaq $NDAQ +0.86% Composite slid close to 1% in early trading, with the S&P 500 (down 0.8%) and the…...
January CPI shows inflation slowing — but not housing costs
1+ week, 5+ day ago (402+ words) However, it's not all good news. Strip out food and energy " the data points that tend to move around the most " and core inflation is still running somewhat hot at 2.5%. The problem? Shelter costs, which rose 3.0% over the year and…...
A turbulent year for jobs ends with signs of an uneven slowdown
1+ mon, 2+ week ago (541+ words) Timothy A. Clary/AFP via Getty Images The U.S. labor market concluded 2025 with what appears to be modest job growth. And yet the jobs report released Friday does little to quiet growing questions about whether the economy is stabilizing, stuck in a…...
Dollar stores are winning. That's a warning for the economy
2+ mon, 3+ week ago (350+ words) Adam Gray/Bloomberg via Getty Images The discount giant on Thursday reported almost 5% sales growth to almost $11 billion, with same-store sales up 2.5%. This kind of trade-down activity, which sees shoppers moving from middle-of-the-price-point chains to more value-oriented stores, is often…...
U.S. stock indexes power to a big Thanksgiving close
2+ mon, 4+ week ago (337+ words) Michael Nagle/Bloomberg via Getty Images On Wednesday, major U.S. indexes appeared set to open in the green. S&P 500 futures rose 0.25% in pre-market trading, the Nasdaq moved up 0.4%, and the Dow just nudged into positive territory after solid gains on…...
Wall Street braces for a choppy holiday week amid AI fears
3+ mon, 1+ day ago (389+ words) After a choppy week that saw major tech stocks pull back sharply, investors are heading into Thanksgiving facing a short but potentially volatile stretch of trading sessions. All in all, it's a week set to be shaped by delayed government…...
Target earnings show it bracing for a brutal holiday shopping season
3+ mon, 6+ day ago (382+ words) David Paul Morris/Bloomberg via Getty Images Target will do everything short of handing out cookies as customers arrive this holiday season " and it probably still won't be enough to reverse declining sales. That's because upper-middle-class American shoppers are increasingly…...