Retail sales rose slightly in January but well short of expectations in a sign that consumers are cutting back spending amid economic uncertainty. Retail sales […]
Tag: economy
Hearts Break for Valentine’s Day as U.S. Retail Sales Decline for the First Time in Four Months
U.S. retail sales declined for the first time in four months, as consumers spent less than expected due to the end of the holiday season […]
Startups Aiming to Electrify U.S. Freight Industry Confront Higher Interest Rates
This should be Intramotev’s moment. The St. Louis, Mo.-based manufacturer of electric railcars is positioned to take advantage of the push to bring green technology […]
Housing inflation in Charlotte among the highest in the nation
Maya Ward never thought she’d have to consider a fixer-upper home with a $400,000 budget in Charlotte. But in spring 2023, she and her fiance found […]
Five Things to Watch in the Retail Sales Report
The March retail sales report will show the strength of consumers and their willingness to spend, a key indicator of whether Americans’ shopping habits will continue to fuel the economy.
March jobs report expected to reflect labor market’s resilience, even if employment cools
Friday’s job report is expected to show slower employment growth for March, but will likely still reflect the resilient labor market reported at the beginning […]
U.S. home prices rose again in January as inventory remains historically low
U.S. home prices ticked up again in January despite sustained high borrowing costs as the market deals with a historically low number of homes for […]
A tight labor market is helping women catch up to men
When Marie-Pier Tremblay moved from Quebec to Boston in 2012, working a job was not in the cards. There were legal hurdles to working in […]
Inflated Car Repair Costs Leave Drivers Stranded
Single mothers make up a majority of the repair requests that come into Fix It Forward Auto Care. The nonprofit, started in 2015, provides free […]
Shelter and Gas Costs Heat Up February Inflation
Consumer prices in February pointed toward a stubbornly hot economy, with shelter and gasoline costs keeping temperatures rising above the Federal Reserve’s 2% inflation target. […]