Winnebago lowers guidance, as customers may put off RV purchases
Winnebago cited “stubborn interest rates” and “inconsistent consumer sentiment” as some of the challenges the company is ...
U.S. stocks stumble as international equities rise
Betting on U.S. stocks this year has been tough on investors. Concerns over President Trump's tariffs, a rout in the tech ...
Investors are slightly more upbeat on stocks this week, sentiment survey shows
The latest reading from the American Association for Individual Investors' weekly sentiment survey is out. It showed that ...
Detroit carmakers' stocks still lead Tesla's this year
Shares of the Big Three U.S. automakers were lower Thursday after President Donald Trump said he would soon place 25% tariffs ...
Fed fears 'stagflation shock' will intensify: Apollo's Slok
A glance at how members of the Federal Reserve's policy-setting Federal Open Market Committee responded when asked about ...
Gold hits another record. Analyst says it's boosted by momentum and trade war.
Gold futures reached a new record high on Friday and recently was up 0.7% to $3,081.50 an ounce. Analysts at Saxo Bank said gold is "supported by momentum and continued demand from investors seeking ...
Stocks sink as whiff of stagflation spooks investors
U.S. stocks were sinking fast on Friday, with the S&P 500 down 1.5% in recent trade. Wall Street professionals largely laid the blame on Friday's PCE data for February. Brian Mulberry, client ...
PCE shows U.S. inflation is still elevated. Tariffs could add to the problem.
Inflation rose at an uncomfortable rate in February for the third month in a row, with the potential of further upward pressure on prices from tariffs being put in place by the Trump White House. The ...
Consumer spending rebounds - but for how long?
Americans increased spending in February, but they've shown more caution early in the new year as they digest a series of major changes in Washington under the Trump administration. Consumer spending ...
Restrictive rates may show that the Fed is nervous about tariff inflation, strategist says
Today's personal consumption expenditures report showed that inflation remained just below 3% year over year. While this is above the Fed's 2% target, it's not out of the ordinary to see inflation at ...
Former Fed official Bullard says rate cuts may be delayed until 2026
The hotter-than-expected reading of core PCE inflation could keep the Federal Reserve from making further rate cuts this year, former St. Louis Fed President James Bullard said on Friday. "I still ...
Dow opens lower after PCE report adds to slowdown fears
U.S. stocks opened lower on Friday, with major indexes struggling to eke out another weekly advance following the latest reading on consumer spending and inflation. The PCE report for February was ...