Long-term US mortgage rates rose to 4.72% this week

Washington : Long-term US mortgage rates rose again this week and the prime 30-year lending rate…

Social, live commerce to run an online fashion business

Sabina Puri, co-founder of Stage 3, says that the way beauty and fashion is sold online…

Fiscal stimulus turning into fiscal pressure, in a big headwind for growth

Inflation-adjusted GDP grew 5.5% in the fourth quarter from the same period a year ago, its…

US inflation hits 40-year high

The Labor Department said Thursday that the consumer-price index – which measures what consumers pay for…

Budget should aim to trigger consumer demand

Last year’s budget displayed flexibility and reflected a progressive approach to a roadmap for rapid economic…

Bank investors should wait to reap the benefits of rising interest rates

Rising interest rates are going to be good for banks. some day. JPMorgan Chase on Friday…

US inflation hits 40-year high, President Biden putting pressure on consumers

Prices for cars, gas, food and furniture rose sharply in 2021 as part of a rapid…

Consumer demand for goods raised prospects for an increase in US imports during the holidays

US consumer demand for goods and easing of supply-chain constraints raised the prospect of an increase…

Q2 earnings point to margin pressure

Consumer-focused companies are finding it difficult to maintain profit margins as they are unable to offset…