U.S. retail sales were unchanged in June as a drop in receipts at auto dealerships was offset by broad strength elsewhere.
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Category: Business
Amazon Prime Day sales to hit record $14 billion, data firm says
July 15, 2024 – 5:06 AM PDT (Reuters) – Shoppers are likely to spend roughly $14 billion during Amazon’s Prime Day two-day…
Read More Amazon Prime Day sales to hit record $14 billion, data firm says
Monthly US consumer prices post first drop in four years as inflation subsides
U.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and moderating rents.
Read More Monthly US consumer prices post first drop in four years as inflation subsides
S&P 500, Nasdaq scale record highs as Nvidia leads megacap charge
The Nasdaq and the S&P 500 hit record highs on Wednesday as strength in Nvidia and other mega stocks supported Wall Street’s winning streak.
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Exclusive: Fed may tweak rule that could save biggest US banks billions
At issue is how the central bank calculates an extra layer of capital it imposes on U.S. global systemically important banks, known as the “GSIB surcharge.”
Read More Exclusive: Fed may tweak rule that could save biggest US banks billions
S&P 500, Nasdaq notch record highs with inflation data, earnings in focus
The Nasdaq and the S&P 500 hit record highs on Monday, while the Dow scaled a more than one-month high as investors awaited a key inflation report.
Read More S&P 500, Nasdaq notch record highs with inflation data, earnings in focus