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Tag: interest rates

A Rivet RV, a lower-priced version of Bowlus's trailers, is towed by a car, in this undated handout picture. Bowlus/Handout via REUTERS

Rich Americans keep high-end RV company rolling along

Most U.S. RVs aim to satisfy the wanderlust of largely middle-income customers.

Read More Rich Americans keep high-end RV company rolling along
An independent barber waits for customers on his van in a local street in New York, U.S., December 25, 2023. REUTERS/Eduardo Munoz/File Photo

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
Worker wearing a face mask works on a production line manufacturing bicycle steel rim at a factory in Hangzhou, Zhejiang

US manufacturing sector struggling to recover -ISM

U.S. manufacturing slumped further in February, with a measure of factory employment dropping to a seven-month low.

Read More US manufacturing sector struggling to recover -ISM
Oil, miniatures of oil barrels, oil pump jack and U.S. dollar banknote are seen in this illustration taken, June 6, 2023. REUTERS/Dado Ruvic/Illustration/File Photo

Top global energy traders face multi-billion cash quandary

The world’s top global energy trading houses face a growing problem of what to do with their cash.

Read More Top global energy traders face multi-billion cash quandary
A man shops for produce at Best World Supermarket in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. REUTERS/Sarah Silbiger/File Photo

Markets underestimate risk of inflation re-accelerating, says PIMCO

Equity and fixed income markets may be too optimistic on how quickly central banks will cut interest rates.

Read More Markets underestimate risk of inflation re-accelerating, says PIMCO
MIAMI - MAY 20: Alain Filiz shows off some of his credit cards as he pays for items at Lorenzo's Italian Market on May 20, 2009 in Miami, Florida. Members of Congress today passed a bill placing new restrictions on companies that issues credit. The vote follows the Senate passage of the bill, which now heads for President Obama's promised signature. The bill will curb sudden interest rate increases and hidden fees, requiring card companies to tell customers of rate increases 45 days in advance. It will also make it harder for people aged below 21 to be issued credit cards. (Photo by Joe Raedle/Getty Images)

U.S. Credit Card Debt Reaches Record High $1.13T

Credit card debt across the United States hits another record high, according to the latest report.

Read More U.S. Credit Card Debt Reaches Record High $1.13T

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