consumer confidence
Fed’s Preferred Inflation Gauge Is Set to Back Rate-Cut Patience
Business
(Bloomberg) — Federal Reserve officials are about to get further confirmation that progress against inflation has stalled, supporting what appears to be ...
US Inflation Gauge Seen Bolstering Fed Patience on Rates
Business
(Bloomberg) — The Federal Reserve’s preferred measure of underlying US inflation probably remained uncomfortably high in February, showing why central bankers are ...
Stocks Fall as Market Seeks Fresh China Stimulus: Markets Wrap
Business
(Bloomberg) — Stocks in Asia slipped Tuesday, led by a selloff in China, as deepening market pessimism piled pressure on policymakers to ...
Price Wars Help Spark $157 Billion Rout in China Consumer Stocks
Business
(Bloomberg) — The seemingly relentless decline in prices of Chinese goods amid tepid consumer demand is denting expectations that corporate earnings can ...
Cheap China Stocks Lure Investors Who See 60% Slump as Rock Bottom
Business
(Bloomberg) — For some, a slump of almost 60% is a signal to buy Chinese stocks. Most Read from Bloomberg Almost a ...
US economic data points to ‘real momentum’ for 2024, White House says
Politics
By Andrea Shalal (Reuters) – Higher consumer spending over the holiday season, real wage gains over the last nine months and a ...
US stocks flat in countdown to Fed
Business
Apple unveils new MacBooks, M3 chips Apple’s (AAPL) stock traded flat on Tuesday following its “Scary Fast” virtual event on Monday evening. ...