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Retail Sales Report Shows Americans Pulled Back on Big-Ticket Purchases as Interest Rates Rose
Economy U.S. Economy Sales fell 1% in March, led by lower spending on vehicles Source link
Gold Prices Near Record as Investors Bet Inflation Is Here to Stay
Lower Treasury yields and a weaker dollar have also boosted the precious metal. Source link
Stock Futures Edge Up After More Inflation Data
Markets U.S. Markets Investors are parsing mixed signals about the economy and the path for interest rates Source link
Supplier Prices Fell in March
The producer-price index, which generally reflects supply conditions across the economy, fell 0.5% in March from the prior month. Source link
Stocks Close Lower After Fed Minutes
Markets U.S. Markets Earlier in the day, inflation data showed easing price increases Source link
U.S. Seeks to Accelerate Transition to EVs with Tough Tailpipe Emission Rules
Consumer sentiment, charging station buildout and high EV costs loom as obstacles to the Biden administration’s aggressive plan. Source link
Shorter-Term Bonds Gain After Data Showing Cooler Inflation
Markets Credit Markets An early bond rally eroded as investors parsed the Fed’s likely next moves Source link
Inflation Report Shows Price Pressures Eased in March
Economy U.S. Economy Elevated inflation has weighed on household spending decisions Source link
Bank Volatility to Cut U.S. Economic Growth, IMF Says
Economy U.S. Economy Tighter lending expected to shave 0.44 percentage point off U.S. GDP in 2023, organization says Source link
Is Russia’s Economy Growing or Shrinking? It Depends on the Forecaster.
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