Retailers are in for a mixed holiday season this year, marked by watchful consumers keeping big spending on a tight leash and vigilantly comparing prices on their mobile phones.
Former President Donald Trump has made his second to last stop before the election, telling the Pennsylvania crowd that “Kamala broke it, I will fix It.”
Over 72 million Americans will see a 2.5% cost-of-living adjustment to benefit payments in 2025, the Social Security Administration announced on Thursday.
Target raised its full-year profit forecast on Wednesday and reported its first increase in quarterly comparable sales in over a year.
The latest consumer price index report for July shows inflation at 2.9%, but Americans are still struggling to make ends meet.
The mixed survey also showed consumers’ perceived likelihood of a recession over the next 12 months retreated this month.
“It is time to break up Live Nation,” said U.S. Attorney General Merrick Garland.
U.S. wholesale inventories fell, confirming that inventory investment was a drag on economic growth in the first quarter.