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Finance

Consumer Spending Rebounded in January

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Defying both inflation and the odds, consumer spending rebounded in January, rising by 2.1%, according to the Commerce Department. Many analysts forecasted that consumer...
Finance

Weekly Jobless Claims Continues Downward Trend

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New data from the Labor Department reveals that weekly jobless claims have fallen by 17,000 to 232,000 the week that ended on February 19th....
Finance

White House Announces New Steps to Help Supply Chain

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The White House recently announced new steps taken intended to help the supply chain in the country, which would, in turn, help businesses with...
Finance

T.J. Maxx Misses Quarterly Estimates, Cites Omicron to Blame

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TJX Cos Inc, which owns T.J. Maxx, recently missed quarterly estimates after the highly contagious Omicron variant caused foot traffic in stores to lessen....
Finance

Consumer Confidence Falls For Second Month in a Row

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Consumer confidence has fallen in February for the second month in a row, according to a report conducted by the Conference Board. In February,...
Finance

Retail Sales Hit New Record High in January

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Retail sales in the United States increased by 3.8% in January, the most in 10 months, hitting a new record high, according to the...
Finance

Weekly Jobless Claims Rise; Still Below Pre-Pandemic Numbers

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Weekly jobless claims rose the week that ended February 12 by 23,000 claims, according to the Labor Department. While these claims unexpectedly rose for...
Finance

Walmart Posts Strong Fourth Quarter Results; Optimistic for 2022

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Walmart recently posted strong fourth-quarter results, even amid inflation, high prices of goods, labor shortages, and global supply chain issues. Walmart also posted a...
Finance

Household Debt Increased $1 Trillion in United States in 2021

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New data revealed in a report conducted by the New York Federal Reserve states that consumers in the United States grew their debt by...
Finance

Small Business Confidence Drops to 11-Month Low

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A new report conducted by the National Federation of Independent Business reveals that small business confidence fell to an 11-month low, with the Small...
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