inflation

Inflation & Prices

Bummed Consumers Predict Shrinking Labor Market, Spiking Inflation

Photo via Richard B. Levine/Newscom

Whatever they say, consumers’ actual spending has remained rock solid, even if sentiment is yet to return to prepandemic levels.

2 min read

Photo via Vernon Yuen/ZUMAPRESS/Newscom

Consumer

McDonald’s Plans to ‘Do It All for You’ (Again) With Massive Restaurant Expansion

The company is on a mission to open 10,000 new locations over the next four years, bringing its worldwide total to 50,000.

2 min read
Photo by Federal Reserve Board via Public Domain Mark 1.0

Economics

Is Powell Snubbing Interest in 2nd Fed Rate Cut?

In a speech in Rhode Island, Jerome Powell reminded Wall Street and the world that The Fed remains in a “challenging situation.”

2 min read
Photo by Jakub Żerdzicki via Unsplash

Advisor Upside

Americans Are Abandoning Dreams of Home Ownership, Retirement

Eight in 10 of the 5,000 people U.S. Bank surveyed said they feel anxious about stock market fluctuations.

2 min read

Markets

Small-Cap Russell 2000 Shakes Off Four-Year Funk on Rate Cut

Photo via JOHN ANGELILLO/UPI/Newscom

The hope for the S&P 500’s small-cap cousin after the Fed’s rate cut tells an important story about the broader economy.

2 min read

Finance

Halt and Catch Fire: IPO Market Accelerates After Sleepy Summer

Photo via Jimin Kim/ZUMAPRESS/Newscom

Investor appetite for StubHub and Klarna is especially compelling at a time when consumer sentiment starting to slump.

2 min read

Consumer

Home Depot Predicts Pent-Up Home Improvement Demand

Photo by Oxana Melis via Unsplash

CFO Richard McPhail said that do-it-yourself customers have been pushing forward with smaller home improvement projects.

2 min read

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