Housing market mired in slump as January home sales drop 4.9%
Sales of previously occupied US homes fell in January as mortgage rates increased and prices postponed many home buyers despite wider property selection in the market. did. The National Association of Realtors said Friday that sales fell 4.9% last month from December to a seasonally adjusted annual rate of 408 million units. Sales increased 2% […]
Walmart shares tank on dismal forecast as retail giant warns of slowing sales
Walmart on Thursday forecasts sales and profits for the fiscal year ending in January 2026 below Wall Street estimates. Walmart stock, which rose roughly 72% in 2024 and hit a record high of $105 last week, fell 6%. The target stock of rival retailers fell 1.6%, while Amazon fell 0.9%. Data compiled by LSEG shows […]
Retail sales post largest drop in nearly two years in January amid tariff uncertainty
Retail sales in the US fell the most in January in nearly two years. This suggests a sharp slowdown in economic growth at the beginning of the first quarter, following massive profits over the past four months, falling due to frigid temperatures and moderation. The significant drop from retail sales forecasts reported by the Commerce […]
Gold price plummets below $2,900 amid profit-taking, weak US Retail Sales – FXStreet
Despite the decline on Friday, Friday is set to increase by 0.80% over the week. US retail sales will plummet, driving the weakening of the US dollar and Treasury yields. Investors cut prices with one or more Fed rate reductions, boosting the long-term appeal of bullion. Gold prices on Friday are below $2,900, but will […]
Retail sales make biggest drop in almost 2 years
Retail and food sales made them The biggest monthly drop January since March 2023 marked the end of the purchase surge that began at the 2024 election stage. The Census Bureau reported Friday that sales fell 0.9% from $700 billion in December to a seasonally adjusted $724 billion. The 0.9% drop is well below expectations […]
Forex Today: Eurozone GDP and US Retail Sales data to wrap up volatile week – FXStreet
Here's what you need to know on Friday, February 14th: The US dollar has remained stable on Friday's European morning after suffering a major loss against its major rivals on Thursday. Eurostat will release preemption changes and gross domestic product (GDP) data in the fourth quarter. Later in the session, the US Economic Calendar will […]
Tesla sales plummet in Europe as Elon Musk faces Trump backlash
Tesla is facing a dramatic decline in sales across Europe as electric car makers face backlash over Elon Musk's active role in the Trump administration. Musk, whose government's efficiency was quick to give back parts of the US government, has, on the other hand, angered the left-leaning, centralist political sects of Europe, embracing far-right figures. […]
McDonald’s suffers massive sales loss after E. coli outbreak
McDonald's suffered the worst sales loss in the US as demand has hit since the recent quarterly pandemic A widespread occurrence of E.coli Inflation butter diners remained careful about their spending. The fast food giant's biggest market, US sales fell 1.4% in the fourth quarter. This was the sharpest drop in nearly five years when […]
McDonald’s takes massive sales hit from E. Coli outbreak
Former McDonald's CEO Jim Skinner analyzes the state of the fast food industry as the US economy slows down with the “Claman Countdown.” McDonald's sales were hit hard in the latest quarter due to an E. coli outbreak associated with slivered onions that killed one person and sent over 20 dozen to hospitals. CEO Chris […]
19 can’t-miss Presidents Day mattress and bedding sales of 2025
New York Post may receive compensation or receive an affiliate committee if you click or purchase a link. Featured pricing is subject to change. There is no better way to celebrate President's Day than to sleep. In fact, it's kind of an overall point. Related: Best Early President's Day Furniture Sale – Up to 70% […]