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Sales at retailers rose in April for the third month in a row, but the increase stemmed in large part from drivers spending more on gasoline because of higher prices. Spending was on the softer side after adjusting for inflation.
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Trump-Xi meeting; Cisco's AI-focused overhaul - what's moving markets Investing.comEuropean markets open higher as politics dominates the news agenda CNBCWall Street heads for gains before the bell as Trump and Xi meet eye Trump-Xi summit AP NewsDow Jones Futures Rise As Cisco Soars On AI Orders; Trump-Xi Summit Begins Investor's Business Daily
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UK investment manager Lansdowne Partners has launched a venture capital fund focused on backing high potential UK companies emerging from the country's university research base and startup ecosystem.
The post Lansdowne Partners pulls in $150m for university research-based startups, eyes $200m cap by year end appeared first on AltAssets Private Equity News.
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In the age of AI, economic data simply doesn't move markets like it used to.
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Trump lands in Beijing for high-stakes Xi summit as Taiwan tensions, trade disputes test US strength Fox NewsLive updates: Xi and Trump hold high-stakes summit as world watches on CNNBeijing Tightens Security As Trump and Xi Meet in China The New York TimesTrump-Xi summit live: Talks in Beijing include Iran, trade and Taiwan Reuters
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U.S. beer sales slump as higher gas prices squeeze consumers, with convenience stores and high-fuel-cost states with higher-cost fuel seeing the sharpest declines.
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Allegiant CEO Greg Anderson said leisure travel demand is still strong despite higher fuel prices.
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Rising gasoline prices pushed inflation to its highest level in almost three years in April. Consumer prices were up 3.8% from a year ago.
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Restaurant traffic fell 2.3% in March compared with the year-ago period, according to Black Box Intelligence.
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