US consumers back in focus as retailers get earnings ready

US consumers back in focus as retailers get earnings ready

Wall Street will get a close look at how American consumers are faring in the early days of President Donald Trump’s tariff regime when the biggest US retailers like Walmart Inc and Target Corp report earnings next week. Consumer spending accounts for roughly two-thirds of America’s gross domestic product. Over the past few years, its … Read more

Is the US economy on a tailspin into recession?

Is the US economy on a tailspin into recession?

New York: Is the US economy slipping into a recessionary period and have the sanctions on Russia over the Ukraine war in the eastern Donbas region set to boomerang, bringing stocks down and the entire money market into a tailspin reversing the bullish trends to bearish ones. Judging by analysis by various economic experts, billionaires, … Read more