by Bloomberg.com | Aug 30, 2024 | AlphaTack Intel
Dovish Fed helps markets bounce back from early-August rout Data on jobs, manufacturing will test faith of economic bulls It began badly. But four weeks on from the worst volatility blowup since the pandemic, August will go down as another grand gesture of confidence...
by Bloomberg.com | Aug 30, 2024 | AlphaTack Intel
Dollar General’s results disappoint, dragging down Dollar Tree Walmart hit the sweet spot with shoppers, JonesTrading says August was a blowout month for Walmart Inc. — and a disastrous one for some of its discount-chain competitors — as consumers rein in spending....
by Bloomberg.com | Aug 30, 2024 | AlphaTack Intel
Government spending, investment ex-inventories drive growth Household consumption softens as Canadians feel rates pinch Canada’s economy grew more than expected in the second quarter, but falling per-capita gross domestic product and softening household consumption...
by Bloomberg.com | Aug 30, 2024 | AlphaTack Intel
Growers hunt for bargains as weaker incomes prompt cost cuts BigIron Auctions has biggest-ever offering of used equipment Fancy new technology usually is the star at trade shows. But at the Farm Progress Show, the largest outdoor agriculture event in the US, used...
by Bloomberg.com | Aug 30, 2024 | AlphaTack Intel
Germany’s banks are starting to feel the pinch from the stagnating economy. Risk provisioning by the country’s largest lenders rose almost 50% in the first half of the year, with many banks saying that loans to companies and consumers in trouble were a big part of the...
by Bloomberg.com | Aug 29, 2024 | AlphaTack Intel
Beauty retailer faces more competition from Target, Walmart Shoppers are increasingly focused on value, Ulta CEO says Ulta Beauty Inc. trimmed its sales forecast as more US consumers cut back on makeup and cosmetics in the face of higher prices and elevated borrowing...
