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AI Panic Feels Like 2008 Global Financial Crisis All Over Again, Shapiro Says As Retail Sales Plunge 4%
Thursday, June 26, 2025 - 9:16am | 609Read More...Retail spending on non-essential goods in the U.S. has slumped by 4% in early 2025, a stark reminder of the 2008 financial crisis, according to economist Craig Shapiro. What Happened: The macro strategist at Bear Traps Report, Shapiro, links this downturn to growing consumer panic over artificial...
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Gary Black Expects Consumers And Businesses To Cut Spending Ahead Of Earnings Season, Warns Of A 'Lasting Damage To The Economy'
Friday, April 11, 2025 - 7:09am | 657Read More...Investor Gary Black, the managing partner at the Future Fund LLC, has cautioned about impending “lasting damage to the economy” as consumers and businesses are expected to curtail spending ahead of the upcoming earnings season. What Happened: Black’s comments, made in response to...
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September Retail Sales In Focus: Will Strong Consumer Spending Power A 'No Landing' Rally For Stocks?
Wednesday, October 16, 2024 - 3:37pm | 690Read More...A pivotal economic release is set to land this Thursday at 8:30 a.m. ET: the retail sales report for September. This data will provide a fresh snapshot of household spending during the final month of the third quarter, offering vital clues as to whether American consumers continued to prop up the...
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Musk Criticizes Government's Fiscal Policy, Says 'Extreme Government Overspending Is Bankrupting America'
Sunday, September 15, 2024 - 8:29am | 388Read More...On Saturday, Elon Musk voiced his concerns regarding the U.S. government’s fiscal approach. What Happened: Musk took to X to express his concerns about the U.S. government’s fiscal policy and criticized the government’s overspending, stating that it’s leading to bankruptcy...
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Retailers Brace Themselves For Post-Holiday Returns Surge: 'We're Heading For A Trillion-Dollar Problem Here'
Tuesday, December 26, 2023 - 9:30am | 623Read More...With the end of 2023 in sight, retailers across the United States are bracing themselves for a post-holiday returns onslaught, which could cost them close to a trillion dollars, as per the National Retail Federation’s predictions. What Happened: The Wall Street Journal reported on Tuesday...
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Finance Experts Are Strongly Encouraging Consumers To Save As Much As They Can This Holiday Season — Here's Why
Sunday, November 12, 2023 - 6:04pm | 440Read More...With the festive season on the horizon, consumers are grappling with the dual realities of persistently high prices and the allure of increased savings. What Happened: The recent uptick in inflation has not eased the cost of goods significantly, while the Federal Reserve's decision to hike...
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29-Year-Old Freelance Writer's 5 Thrifty Habits To A $400K Income And $1.2M Property Portfolio
Tuesday, May 23, 2023 - 4:46pm | 682Read More...Earning money at an early age and developing wise financial habits, such as spending cautiously, saving for the future, and making investments, can have significant long-term benefits, which can set a strong foundation for economic well-being in the long run. Alexandra Fasulo had her first six...
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GOP Shoots Down Biden's Tax Proposals As Debt Ceiling Deadline Nears
Monday, May 15, 2023 - 5:07pm | 446Read More...Negotiations to raise the U.S. federal debt ceiling met fresh snags after the White House presented congressional Republican leaders with a list of proposals to reduce the deficit by closing tax loopholes on Monday, which were universally rejected by the GOP. President Joe Biden will meet with key...
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4 Reasons Needham Is Bullish On Coupa Software
Thursday, January 11, 2018 - 4:19pm | 367Read More...Need a reason to buy shares of Coupa Software Inc (NASDAQ: COUP)? The Analyst Needham's Peter Levine initiated coverage of Coupa's stock with a Buy rating and $39 price target. The Thesis Investors should consider Coupa as not only one of the "more innovative vendors" within...
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U.S. Dollar Index Moves Higher
Wednesday, August 26, 2015 - 2:29pm | 128Read More...The September U.S. Dollar Index is trading at 95.01, up 0.48. The U.S. Dollar Index is trading at the highs of the session. Market chatter about U.S. economic data due out the rest of the week and the Kansas City Fed's Jackson Hole Symposium are ongoing. Thursday morning Initial Jobless Claims,...
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Spartan Oil Lifts 2012 Spending, Production Forecast
Wednesday, April 4, 2012 - 8:54am | 82Read More...Spartan Oil Corp (OTC: SRTNF) lifted its 2012 spending and production outlook. Spartan Oil raised its capital budget for this year to C$127 million, versus its earlier forecast of C$80.2 million. Spartan now projects average production to be in the range of 2,600 to 2,800 barrels of oil...
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Playing The Growth In Private Labels (RAH, THS, PRGO)
Tuesday, April 19, 2011 - 2:28pm | 237Read More...According to a new report from international financial firm Rabobank, the global market share of private label food products is expected to double, from nearly 25% to 50%, by 2025. One lingering legacy of the Great Recession and the "new normal" has been the rush of consumers towards private label...
