January 16, 2025 - 19:43

The latest retail sales report for December indicates a slower-than-anticipated growth, raising concerns among investors about the overall health of consumer spending. As the Federal Reserve prepares to maintain elevated interest rates for an extended period, these figures are particularly significant. The report shows that while December sales did increase, the growth was less robust than analysts had predicted, suggesting a potential cooling in consumer demand.
In contrast, November's sales figures have been revised upward, providing a somewhat brighter picture of the previous month. This adjustment may reflect a stronger-than-expected holiday shopping season, yet it does not fully alleviate concerns regarding the current economic climate. The mixed signals from these reports highlight the challenges faced by retailers and the broader economy as consumers navigate rising costs and shifting spending habits. Investors will be keenly observing future trends as they assess the implications for monetary policy and economic stability.
February 24, 2026 - 05:59
Step Finance and SolanaFloor Shut Down After Devastating HackIn a significant blow to the Solana community, two of its foundational projects, Step Finance and SolanaFloor, have announced their permanent closure. The decision comes in the wake of a...
February 23, 2026 - 20:35
Markets Plunge as Tariff Threats and AI Concerns Spark Sell-OffA wave of fear swept through Wall Street on Monday, sending major indices into a steep decline. The Dow Jones Industrial Average plummeted approximately 800 points, while the S&P 500 and Nasdaq...
February 23, 2026 - 12:28
Are We in an AI Bubble?As enthusiasm for artificial intelligence continues to drive massive investment and soaring valuations, a pressing question emerges: is this sustainable growth or a speculative bubble? Experts from...
February 22, 2026 - 21:09
Meet the retired Olympic champions starting second careers at Goldman Sachs with zero financial expertise and no office experienceA surprising and inspiring trend is emerging in the corridors of high finance, as retired Olympic champions and professional athletes are trading their athletic gear for business attire at Goldman...