U.S. equity funds drew inflows for a third consecutive week with investors clinging to hopes of rate cuts this year.
Read More US equity funds attract inflows for third week in a row
Tag: inflation
Wholesale Inflation Soars in February: Wealth Advisor Weighs In
Inflation on the wholesale side rose twice as much as expected to 0.6% in February. The Labor Department’s report also shows PPI over the last 12 months ending in February hit 1.6%.
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Bernie Sanders’ New Bill Would Allow Americans To Work Only 32 Hours A Week
Socialist Senator Bernie Sanders introduced a bill on Wednesday that would establish a standard four-day workweek in the United States without reduction in pay.
Read More Bernie Sanders’ New Bill Would Allow Americans To Work Only 32 Hours A Week
US retail sales miss expectations; producer prices accelerate
Consumer spending appeared to be slowing in the first quarter amid rising inflation and high borrowing costs.
Read More US retail sales miss expectations; producer prices accelerate
Inflation Increases to 3.2% in February
The latest Consumer Price Index report for February is in, showing an unexpected increase in annual inflation to 3.2 percent, exceeding analysts’ predictions of 3.15 and marking a notable increase from January’s figures.
Read More Inflation Increases to 3.2% in February
Dollar Tree And Family Dollar Announces Closure Of Nearly 1,000 Stores
The retail store Dollar Tree has announced that they are closing almost 1,000 stores across the United States between its namesake general discount stores and subsidiary chain, Family Dollar.
Read More Dollar Tree And Family Dollar Announces Closure Of Nearly 1,000 Stores