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US retail sales post first decline in nine months in July ReutersUS consumers cut retail spending sharply in July CNNUS Retail Sales Fall by the Most in More Than a Year Bloomberg.comDollar Slides to May Low as Weak Retail Sales Dim Rate Bets Yahoo FinanceRetail Sales Fell Last Month WSJ
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US retail sales slump unexpectedly and sharply after a summer tax-refund boost fades AP NewsFrustrated US consumers cut their retail spending last month CNNMidday Need to Know: Retail sales drop, Ackman shakes up portfolio & more (SPY:NYSEARCA) Seeking AlphaUS retail sales weakest in over a year, consumer sentiment plunges Yahoo FinanceUS Retail Sales Fall by the Most in More Than a Year Bloomberg.com
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Ecommerce platform suffered first sales decline in more than a decade after end of government subsidy programme
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Berkshire owned about 106 million Alphabet shares worth $37.9 billion at the end of June, according to a regulatory filing released Friday.
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Mortgage rates hit a recent low at the end of February but rose sharply at the start of the war with Iran. They are now at their highest level in over a year.
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The banking giant reportedly asked Polymarket to find a new lender as regulatory pressure persisted.
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Russell Fry Backs Darline Graham in South Carolina Senate Runoff Amid Trump Pressure The New York TimesSouth Carolina GOP rep. backs Darline Graham in upcoming Senate runoff KATUSouth Carolina U.S. Senate Special Primary Election Live Results 2026 AP NewsMark Lynch endorses Ralph Norman as congressman heads into runoff against Darline Graham Fox NewsAmid intra-MAG
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Analysts weighed in positively on the company's new financial targets — helping to further a rally that's brought shares up more than 60% from their recent low point.
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Consumer finances remain strong, but they are being undermined by high inflation, high interest rates, and exhausted excess saving for some. Hence, bankruptcy filings are showing a deterioration in household finances. A first-quarter increase in filings is seasonally normal as holiday spending takes its toll, and that pattern continued. U.S. courts reported that nonbusiness filings came in 12.9% above their year-ago level after rising 19% the prior quarter. On a quarter-to-quarter basis, filings rose 6.9%. Business filings rose in the quarter, up 1.4% from the fourth quarter. They were up 34.6% from a year earlier as high interest rates took a toll. This compares with a 53.2% increase on a year-ago basis in the prior quarter.
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 Prices of school supplies increased a shocking 23.7% in the past two years, according to the latest Deloitte Back-to-School survey.
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Is it true that many young professionals don't know how to save money?
I recently had dinner with an old college friend. I was expecting to catch up on friends, family and our careers, but it was clear he wanted some basic financial information.
Knowing I advise young professionals on their finances, he zeroed in on the following questions: "How much should I save, and how do I know if my savings plan is on track?"
SEE MORE Millennials Want a Different Kind of Retirement
Many highly talented and bright young individuals - often earning six figures, receiving an annual bonus and holding stock options - often struggle with how to spend and save their money. My advice is to develop a process that focuses on three fundamental ideas that anyone can use.
Control Savings and Spending by Paying Yourself First
Putting together a budget and tracking spending are useful tools - but they can be tedious and hard to sustain. Instead of starting with expenses, I begin by allocating the desired amounts of money to various savings and investment accounts.
I set up automated contributions to my 401(k) retirement account, Roth Individual Retirement Account (IRA) and after-tax brokerage accounts. Once that money is set aside, I have total peace of mind knowing I can afford to spend what's left and still be on track to hit my financial goals.
If, like me, you make the majority of day-to-day purchases on your credit card, another easy way to spot-check spending is making sure you can pay your credit card bill in full each month without tapping your savings.
Don't get me wrong - developing a detailed budget is a valuable exercise when done periodically. And it's parti
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The yuan's slide is testing Beijing as it grapples with a looming trade war, putting China under pressure to revive the type of interventions used in the past.
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