Tag: Retail Sales

Inflation is 'both a headwind and tailwind' for holiday shopping

As the holidays are right around the corner, retail sales are likely to increase between 2.3% and 3.3% from 2023, according to Deloitte's...

China's May industrial output misses forecasts, retail sales a bright spot

BEIJING (Reuters) - China's May industrial output lagged expectations with the property sector still weak, adding pressure on Beijing for policy support to...

Stocks enter shortened trading week near record highs: What to know this week

Stocks concluded last week on a hot streak as softer-than-expected inflation data fueled investor optimism around interest rate cuts.The Nasdaq Composite (^IXIC) rose...