Rising inflation in March didn’t deter consumers, who shopped faster than expected, the Commerce Department reported Monday. Retail sales rose 0.7% for the month, significantly faster than the Dow Jones consensus forecast of a 0.3% rise but below the upwardly revised 0.9% in February, according to Census Bureau data, which is seasonally adjusted. but are…
About 64 percent of Pennsylvanians who responded to a Quinnipiac poll in early January described their financial situation as excellent or good; 24 percent described it as “not so good” and only 9 percent described it as bad. But in the same survey, only 33 percent of Pennsylvania residents described the “state of the country’s…
A sign advertising rental units is displayed outside a building in Manhattan on April 11, 2024 in New York City. Spencer Platt | Getty Images Early data points to inflation trends in the first three months of 2024, and the news so far is, well, not good. Choose your poison. Regardless of whether it is…
The path to a “soft landing” no longer seems to be as smooth as it was four months ago. But the expectations of a year ago have been exceeded. April 13, 2024 The economic news of the past two weeks has been enough to confuse even seasoned observers. The unemployment rate fell. Inflation rose. The…
Jamie Dimon, CEO and Chairman of JPMorgan Chase, gestures as he speaks during the U.S. Senate Committee on Banking, Housing and Urban Affairs’ hearing on oversight of Wall Street firms on Capitol Hill in Washington, U.S., December 6, 2023 . Evelyn Hockstein | Reuters JPMorgan Chase CEO Jamie Dimon warned Friday that several challenges, particularly…
DUBAI, UNITED ARAB EMIRATES – DECEMBER 04: Blackrock CEO Larry Fink speaks at a panel titled “Financing the New Climate Economy,” where he described the urgent need for a “new financial landscape” to finance investments in the climate economy global energy transition on the fifth day of the UNFCCC COP28 climate change conference at Expo…
Beyoncé leaves the Luar fashion show at 154 Scott in Brooklyn during New York Fashion Week on February 13, 2024. James Devaney | GC Images | Getty Images Western boots have a new protector in Beyoncé. According to consumer behavior firm Circana, sales of the country fashion classic rose more than 20% in the week…
In Maine gibt es viele Hummer. Es gibt auch viele ältere Menschen, die immer weniger bereit und in der Lage sind, die Krebstiere zu fangen, zu säubern und zu verkaufen, die eine 1-Milliarde-Dollar-Industrie des Staates ausmachen. Um die Kluft zu überbrücken, wenden sich Unternehmen an im Ausland geborene Arbeitskräfte. „Menschen, die in Maine geboren sind,…
People shelter from the rain under a Union flag umbrella as they walk past blooming spring flowers in St. James’s Park in central London on April 10, 2024. Justin Tallis | Afp | Getty Images LONDON – The United Kingdom’s gross domestic product rose 0.1% in February, the Office for National Statistics said on Friday,…
A measure of wholesale prices rose less than expected in March, perhaps providing some relief from fears that inflation will remain higher for longer than many economists had expected. The producer price index rose 0.2% for the month, less than the Dow Jones consensus estimate of 0.3% and not as large as the 0.6% increase…
