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2 articles found
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2 negative
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BenzingaBenzinga··Piero Cingari

Powell Flags Oil Shock Risk as Fed Holds Rates; Market Tumbles on Inflation Fears

Fed holds rates steady as Powell warns Middle East tensions risk inflation surge. Equity markets tumble on stagflation concerns despite Fed's resilience rhetoric.
RKLBSPYWDCAKAMTTMI+2inflationFederal Reserve
Investing.comInvesting.com··Louis Navellier

Luxury Retail Stumbles While Budget Chains Thrive: Earnings Paint Tale of Two Consumers

Retail earnings reveal consumer bifurcation: luxury brands like Lululemon and Williams-Sonoma struggle with declining sales, while budget retailers and cruise operators show surprising resilience.
CCLLULUDRIDLTRWSMconsumer spendingretail earnings