WFMZ-TV
US retail sales weakest in over a year, consumer sentiment plunges
US retail sales gave their weakest showing in more than a year and consumer sentiment plunged, data showed Friday, as households battered by fallout from President Donald Trump's Iran war curbed ...
Yahoo Finance
US retail sales are surging. The Fed may make that harder to sustain
The Fed's first rate rise since 2023 comes as US retail sales surge, creating a new test for consumer demand – and retailers' ability to turn resilient spending into profitable growth. The US consumer ...
New York Post
Retail sales unexpectedly drop for first time in 9 months — making it difficult for Fed to hike rates
US retail sales fell in July for the first time in nine months as the boost from big tax refunds faded, suggesting a marked slowdown in consumer spending at the start of the third quarter. The ...
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AI billionaires are so greedy that they’re supercharging sales of yachts and private jets
Working class consumers around the world are tightening their belts, driven by runaway fuel prices, global inflation, and a wrath of new import tariffs introduced by US president Donald Trump. In the ...
Yahoo Finance
What August retail sales reveal about the changing US consumer
US consumers are still opening their wallets. Retail and food service sales rose 1.2% in August to $773.9bn, rebounding from a revised 0.5% decline in July and comfortably exceeding economists' ...