by Bloomberg.com | Nov 16, 2023 | AlphaTack Intel
US homebuilder sentiment fell to the lowest level this year in November as high mortgage rates kept a lid on housing demand. The National Association of Home Builders/Wells Fargo gauge decreased six points to 34 this month, according to data out Thursday. That was...
by CNN | Nov 16, 2023 | AlphaTack Intel
New YorkCNN — Lower grocery prices may soon be coming for shoppers. Walmart CEO Doug McMillon said Thursday that the US food industry may be heading into a period of deflation after three years of punishing price hikes that have caused sticker shocker for shoppers at...
by Reuters.com | Nov 15, 2023 | AlphaTack Intel
Summary Retail sales fall 0.1%; September sales revised higher Core retail sales increase 0.2%; September data revised up Producer prices fall 0.5%; up 1.3% on year-on-year basis WASHINGTON, Nov 15 (Reuters) – U.S. retail sales fell for the first time in seven...
by Bloomberg.com | Nov 15, 2023 | AlphaTack Intel
Prices paid to producers sank 0.5% in October, core unchanged Decline in goods costs led by gasoline, services prices flat Prices paid to US producers unexpectedly declined in October by the most since April 2020, adding to evidence of abating inflationary pressures...
by Bloomberg.com | Nov 14, 2023 | AlphaTack Intel
Reiterates deflationary outlook as CPI comes in soft Says Federal Reserve will need to cut rates ‘significantly’ Cathie Wood said that deflation is already underway in the US across industries and will force the Federal Reserve to kick off a big interest-rate cutting...
