Is there a decline in consumer spending? Here's what CEOs are saying – Business News (Trending Perfect)

[ad_1] People walk past Sweetgreen restaurant in Manhattan on September 14, 2023. Jenna Moon | The Washington Post | Getty Images As prices and interest rates continue to rise, Chipotle Burrito bowls and European vacations are still on the table for many consumers. But Big Macs and kitchen remodels are not. The latest round of … Read more

Fed Chair Powell says there has been “no further progress” this year on inflation – Top Stories (Trending Perfect)

[ad_1] Federal Reserve Chairman Jerome Powell speaks during a news conference following a two-day closed-door meeting of the Federal Open Market Committee on the Federal Reserve's interest rate policy in Washington, D.C., on December 13, 2023. Kevin Lamarque | Reuters Federal Reserve Chairman Jerome Powell said Tuesday that the U.S. economy, while strong, has not … Read more

The Fed's Powell stresses the need for more evidence that inflation is falling before cutting interest rates – Top Stories (Trending Perfect)

[ad_1] Federal Reserve Chairman Jerome Powell speaks during the Stanford Forum on Business, Government and Society at Stanford University on April 03, 2024 in Stanford, California. Justin Sullivan | Getty Images Federal Reserve Chairman Jerome Powell said on Wednesday that it will take some time for policymakers to assess the current state of inflation, making … Read more

Chinese stocks rise after data, gold hits record high: Markets wrap – Business News (Trending Perfect)

[ad_1] (Bloomberg) — Chinese stocks rose the most in a month amid new signs of economic recovery, marking a bright spot in Asia. Gold has reached a new high. Most read from Bloomberg Indexes rose in mainland China and South Korea, while Japanese stocks fell after a report showed that confidence among the country's major … Read more