Showing 13 to 24 of 71 results
Amazon's Prime Day Sees Sharp Sales Dip on Day One
Momentum Commerce reported a 41 percent decrease in Amazon sales on the first day of Prime Day 2024 compared to 2023, despite Amazon extending the sale to four days; Amazon disputes the findings, citing the limited scope of Momentum's data, while analysts link the decline to weak consumer confidence...
Amazon's Prime Day Sees Sharp Sales Dip on Day One
Momentum Commerce reported a 41 percent decrease in Amazon sales on the first day of Prime Day 2024 compared to 2023, despite Amazon extending the sale to four days; Amazon disputes the findings, citing the limited scope of Momentum's data, while analysts link the decline to weak consumer confidence...
Progress
52% Bias Score
NS&I Cuts Savings Bond Interest Rates Amidst Economic Pressures
NS&I has cut interest rates on its British Savings Bonds, with two-year bonds dropping to 3.85% AER, three-year bonds to 3.88%, and five-year bonds to 3.84%; the Junior Isa rate fell to 3.55%. This reflects broader economic pressures impacting savers and investment strategies.
NS&I Cuts Savings Bond Interest Rates Amidst Economic Pressures
NS&I has cut interest rates on its British Savings Bonds, with two-year bonds dropping to 3.85% AER, three-year bonds to 3.88%, and five-year bonds to 3.84%; the Junior Isa rate fell to 3.55%. This reflects broader economic pressures impacting savers and investment strategies.
Progress
44% Bias Score
Beyoncé's Western Fashion Influence Spurs Sales Surge
Beyoncé's UK tour sparked a significant rise in western-inspired fashion, with Vinted reporting 16% year-on-year increase in "western" searches and PrettyLittleThing seeing a 600% surge in "cowboy jackets" searches in May, highlighting pop culture's impact on consumer behaviour and a reclaiming of n...
Beyoncé's Western Fashion Influence Spurs Sales Surge
Beyoncé's UK tour sparked a significant rise in western-inspired fashion, with Vinted reporting 16% year-on-year increase in "western" searches and PrettyLittleThing seeing a 600% surge in "cowboy jackets" searches in May, highlighting pop culture's impact on consumer behaviour and a reclaiming of n...
Progress
40% Bias Score
US Stocks Plunge on Rising Yields and Weak Retail Sales
US stocks fell sharply on Thursday, with the S&P 500 down 1.3 percent and the Dow Jones 1.7 percent, due to rising Treasury yields linked to concerns over US government debt and weak retail reports like Target's profit and revenue shortfall.
US Stocks Plunge on Rising Yields and Weak Retail Sales
US stocks fell sharply on Thursday, with the S&P 500 down 1.3 percent and the Dow Jones 1.7 percent, due to rising Treasury yields linked to concerns over US government debt and weak retail reports like Target's profit and revenue shortfall.
Progress
44% Bias Score
China's Economic Growth Slows Amid Trade Tensions
China's industrial output grew 6.1 percent year-on-year in April, slower than March but exceeding forecasts; retail sales grew 5.1 percent, below expectations; fixed-asset investment rose 4 percent; unemployment fell to 5.1 percent; these figures follow a recent US-China tariff reduction agreement.
China's Economic Growth Slows Amid Trade Tensions
China's industrial output grew 6.1 percent year-on-year in April, slower than March but exceeding forecasts; retail sales grew 5.1 percent, below expectations; fixed-asset investment rose 4 percent; unemployment fell to 5.1 percent; these figures follow a recent US-China tariff reduction agreement.
Progress
40% Bias Score
US Retail Earnings to Reveal Tariffs' Impact on Consumer Spending
Upcoming earnings reports from major US retailers, including Target, Home Depot, Lowe's, and Walmart, will reveal the economic impact of tariffs on consumer spending and corporate profitability, offering insight into the ongoing US-China trade situation and its effects on the stock market.
US Retail Earnings to Reveal Tariffs' Impact on Consumer Spending
Upcoming earnings reports from major US retailers, including Target, Home Depot, Lowe's, and Walmart, will reveal the economic impact of tariffs on consumer spending and corporate profitability, offering insight into the ongoing US-China trade situation and its effects on the stock market.
Progress
56% Bias Score
Eurozone Retail Sales Plunge on US Tariff Fears
Eurozone retail sales fell 0.7% in May, the steepest drop in nearly two years, due to uncertainty over US trade tariffs; all major sectors contracted, with automotive fuel sales down 1.3%; economists' forecasts aligned with the decline.
Eurozone Retail Sales Plunge on US Tariff Fears
Eurozone retail sales fell 0.7% in May, the steepest drop in nearly two years, due to uncertainty over US trade tariffs; all major sectors contracted, with automotive fuel sales down 1.3%; economists' forecasts aligned with the decline.
Progress
48% Bias Score
Record High for ASX Despite Weak Retail Sales; Rate Cut Expected
The Australian sharemarket hit a record high (8597.70) on Wednesday despite weaker-than-expected retail sales growth (0.2% in May), fueling expectations of another interest rate cut. Several companies experienced significant share price changes, including Domino's (down 15.8%), Qantas (down 2.2%), a...
Record High for ASX Despite Weak Retail Sales; Rate Cut Expected
The Australian sharemarket hit a record high (8597.70) on Wednesday despite weaker-than-expected retail sales growth (0.2% in May), fueling expectations of another interest rate cut. Several companies experienced significant share price changes, including Domino's (down 15.8%), Qantas (down 2.2%), a...
Progress
36% Bias Score
Moody's Affirms China's A1 Rating Amidst Economic Recovery
Moody's affirmed China's A1 rating on Monday, reflecting the country's improving economic prospects driven by government policies and robust consumer spending; April retail sales increased by 5.1 percent year-on-year, reaching 3.72 trillion yuan.
Moody's Affirms China's A1 Rating Amidst Economic Recovery
Moody's affirmed China's A1 rating on Monday, reflecting the country's improving economic prospects driven by government policies and robust consumer spending; April retail sales increased by 5.1 percent year-on-year, reaching 3.72 trillion yuan.
Progress
52% Bias Score
Target Sales Miss Expectations, Cut Annual Projection Amidst Economic Slowdown and Boycotts
Target's first-quarter sales fell 2.8% to $23.85 billion, missing analysts' estimates and prompting a reduction in the company's annual sales projection to a low-single-digit decline for 2025 due to decreased consumer spending amid economic concerns, tariffs, and boycotts following the scaling back ...
Target Sales Miss Expectations, Cut Annual Projection Amidst Economic Slowdown and Boycotts
Target's first-quarter sales fell 2.8% to $23.85 billion, missing analysts' estimates and prompting a reduction in the company's annual sales projection to a low-single-digit decline for 2025 due to decreased consumer spending amid economic concerns, tariffs, and boycotts following the scaling back ...
Progress
48% Bias Score
Mixed April Economic Data in China: Real Estate Weakness, Consumption Strength
China's April economic data showed mixed results: new home prices fell -0.12% MoM, used home prices -0.41% MoM, property investment -10.3% YTD, residential sales -1.9% YTD; however, retail sales grew +5.1%, online retail sales +7.7% YTD YoY, and industrial production +6.1%. The jobless rate was 5.1%...
Mixed April Economic Data in China: Real Estate Weakness, Consumption Strength
China's April economic data showed mixed results: new home prices fell -0.12% MoM, used home prices -0.41% MoM, property investment -10.3% YTD, residential sales -1.9% YTD; however, retail sales grew +5.1%, online retail sales +7.7% YTD YoY, and industrial production +6.1%. The jobless rate was 5.1%...
Progress
52% Bias Score
China's Retail Sales Surge 5.9% in March, Driven by Government Policies
China's March retail sales increased by 5.9 percent year-on-year, reaching 4.094 trillion yuan ($492 billion), driven by government initiatives and the emergence of new consumption trends, highlighting the country's focus on domestic consumption as a key economic driver.
China's Retail Sales Surge 5.9% in March, Driven by Government Policies
China's March retail sales increased by 5.9 percent year-on-year, reaching 4.094 trillion yuan ($492 billion), driven by government initiatives and the emergence of new consumption trends, highlighting the country's focus on domestic consumption as a key economic driver.
Progress
40% Bias Score
Showing 13 to 24 of 71 results