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Retail sales jumped 0.7% in March, much higher than expected

Rising inflation in March didn't deter consumers, who shopped faster than expected, the Commerce Department reported Monday.Retail sales rose 0.7% for the month,...

Higher for Longer After All? Investors See Fed Rates Falling More...

Investors were betting big on Federal Reserve interest rate cuts at the start of 2024, betting that central bankers would cut rates to...

Lego 2023 revenue ticks higher, despite trade-downs and China slump

According to data from Circana, the Lego company increased its sales by 2% last year, while the global toy industry saw sales decline...

Red Sea tensions risk significantly higher inflation, OECD warns

Increased shipping costs due to ongoing tensions in the Red Sea could hamper the global fight against inflation, the Organization for Economic Co-operation...

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