Gold (XAUUSD) is set to remain in the spotlight after setting a new record high above the closely watched $3,000/oz level on Friday. The precious metal received a […]
U.S. consumers are starting to crack as tariffs add to inflation, recession concerns
It’s not just Walmart. The leaders of companies that serve everyone from penny-pinching grocery shoppers to first-class travelers are seeing cracks in demand. This marks a shift after […]
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China unveils plan to ‘vigorously boost’ weak consumption
China has introduced a plan aimed at significantly enhancing weak domestic consumption. The initiative includes measures to increase residents’ income and establish childcare subsidy schemes, among other strategies […]
China retail sales pick up as Beijing looks to consumers to ease US trade pressure
BEIJING, March 17 (Reuters) – China’s retail sales growth accelerated in January-February, signaling a positive response to policymakers’ efforts to boost domestic consumption, despite rising unemployment and slowing […]
Jury Awards $50m to Man Injured by Scalding-Hot Tea from Starbucks
A Los Angeles county jury awarded $50 million to Michael Garcia, a delivery driver who was severely burned when a Starbucks drink spilled in his lap at a […]
Stock Market Decline Amid Economic Uncertainty
The stock market has experienced significant declines as economic uncertainty looms. Market analysts have pointed out that the bulls who were once supported by former President Trump’s policies […]
Oil Prices Surge Amid Geopolitical Tensions and China’s Consumption Stimulus Boosts Asian Shares
Oil prices experienced a significant increase on Monday, with U.S. stock futures declining while those in Asia surged higher. This movement occurred as investors assessed the differing economic […]
Stock Futures Fall Amid Market Concerns
Stock futures experienced a decline as Treasury Secretary Bessent dismissed market worries, stating that ‘corrections are healthy.’ Bessent emphasized that the White House is proactively addressing a ‘guaranteed’ […]