Inflation

Why Target is losing out against competitors Walmart and Costco
Travel

Why Target is losing out against competitors Walmart and Costco

Retailer Target is under pressure on multiple fronts: it’s facing pushback after rolling back its diversity, equity and inclusion initiatives; it’s fighting off stiffer competition from nimble competitors like Amazon; and the company has higher exposure to a decline in consumer spending amid inflation and tariff volatility than rivals like Walmart and Costco. Target’s decision […]

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Airfare, produce and TVs: Which prices are falling for consumers
Finance

Airfare, produce and TVs: Which prices are falling for consumers

Key Points Consumers are seeing prices fall in certain pockets of the U.S. economy, even as the overall inflation rate remains elevated. Airline fares, produce, consumer electronics and energy are among the broad categories seeing declines, according to the consumer price index. President Donald Trump said Friday that gasoline prices had dipped to $1.98 per […]

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Here’s how China could retaliate against U.S. tariffs
World

Here’s how China could retaliate against U.S. tariffs

China is the world’s second-largest economy and second-largest importer of U.S. goods. Entities in China hold at least $784 billion in U.S. federal debt. The country also controls much of the world’s rare element supply, which is vital for manufacturing technology. China could weaponize these assets if an all-out trade war breaks out, to the […]

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Euro zone inflation unchanged at 2.2% in April, leaving path open for further ECB interest rate cuts
World

Euro zone inflation unchanged at 2.2% in April, leaving path open for further ECB interest rate cuts

Shoppers buy fresh vegetables, fruit, and herbs at an outdoor produce market under green-striped canopies in Regensburg, Upper Palatinate, Bavaria, Germany, on April 19, 2025. Michael Nguyen/NurPhoto via Getty Images Euro zone inflation was unchanged at 2.2% in April, missing expectations for a move lower, flash data from statistics agency Eurostat showed Friday. Economists polled […]

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Australia first-quarter inflation holds steady at 4-year low of 2.4%
World

Australia first-quarter inflation holds steady at 4-year low of 2.4%

Shoppers and pedestrians walk past a Shiels store at Rundle Mall in Adelaide, Australia, on Thursday, Feb. 11, 2021. James Bugg | Bloomberg | Getty Images Australia’s first-quarter inflation rose 2.4% compared to the same period last year, staying at a four-year low. This was higher than the Reuters expectations of a 2.3% climb, and […]

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Where the ‘Fast Money’ traders see the most promise — and problems — over President Trump’s next 100 days
Finance

Where the ‘Fast Money’ traders see the most promise — and problems — over President Trump’s next 100 days

Fast Money Where the ‘Fast Money’ traders see the most promise — and problems — over President Trump’s next 100 days Published Tue, Apr 29 20257:25 PM EDTUpdated 47 Min Ago Stephanie Landsman@stephlandsman WATCH LIVE Source

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Unrealistic to shift all U.S. iPhone assembly to India, Apple bear Craig Moffett writes to clients
Finance

Unrealistic to shift all U.S. iPhone assembly to India, Apple bear Craig Moffett writes to clients

Fast Money Unrealistic to shift all U.S. iPhone assembly to India, Apple bear Craig Moffett writes to clients Published Sat, Apr 26 202511:07 AM EDT Stephanie Landsman@stephlandsman WATCH LIVE Source

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Inflation job nearly done but tariff risks loom — What European Central Bank members said this week
World

Inflation job nearly done but tariff risks loom — What European Central Bank members said this week

Guests and attendeess mingle and walk through the atrium during the IMF/World Bank Group Spring Meetings at the IMF headquarters in Washington, DC, on April 24, 2025. Jim Watson | Afp | Getty Images After years dominated by the pandemic, supply chains, energy and inflation, there was a new topic topping the agenda at the […]

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Fed’s Hammack calls for patience in assessing what impacts tariffs will have on the economy
Finance

Fed’s Hammack calls for patience in assessing what impacts tariffs will have on the economy

Key Points In her first broadcast interview since taking the reins at the Cleveland Fed, Hammack noted the high level of uncertainty now and did not commit to a specific course of action regarding interest rates. A former Goldman Sachs executive, Hammack said she is sensitive to market movements but only in how they affect […]

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European Central Bank should only cut interest rates once more this year, IMF Europe head says
World

European Central Bank should only cut interest rates once more this year, IMF Europe head says

This photo taken on Jan. 30, 2025 shows the European Central Bank ECB headquarters in Frankfurt, Germany. Zhang Fan/Xinhua via Getty Images The European Central Bank should only enact one more quarter percentage point interest rate cut this year despite wider risks to economic growth, the International Monetary Fund’s Europe chief said Wednesday. “We have […]

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