Ed Sidell, CEO & Chief Investment Advisor at EGSI Financial, joins Alicia Summers to discuss the optimism and whether Trump’s new Treasury pick, Scott Bessent, could be contributing to the shift.
Read More Consumer Confidence Rises As Trump Eyes Tariffs And Economic Shifts
Macy’s was forced to delay reporting its third-quarter earnings after it was revealed that an employee hid up to $154 million in expenses related to delivering small packages.
Read More Macy’s Employee Allegedly Concealed $154M In Expenses
Consumers will reportedly pay 5% less than last year on Thanksgiving dinner items, according to the American Farm Bureau. However, the average cost is still around 19% higher than it was before the COVID-19 pandemic.
Read More Thanksgiving Costs Drop As Turkey Demand Declines
After a challenging October, we address whether this rebound signals renewed employer confidence, often dubbed the “Trump bump,” or if it’s too soon to make that call.
Read More Job Market Rebounds While Mortgage Rates Defy Fed Cuts – What’s Driving The Trends?
Existing home sales rebounded sharply in October as buyers rushed into the market to take advantage of a brief decline in mortgage rates.
Read More US existing home sales rebound in October
Target reported earnings Wednesday that came in well below Wall Street’s expectations, which the big retail chain blamed on slower than expected demand.
Read More Target Reports Largest Earnings Miss In 2 Years