Dollar stores in the U.S. are doing a booming business as shoppers from all income levels seek to make their budgets go further, the Financial Times reported.
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AI STOCK MARKET FRENZY IS ALIVE AND WELL IN CHINA
At its debut last week on Shanghai’s stock market, Moore Threads—a maker of graphics processing units for artificial intelligence (AI) that is often referred to as “China’s Nvidia”—saw its share price soar 400 percent.
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CHINA WILL SEEK 5-PERCENT GDP GROWTH IN 2026, INSIDERS SAY
In 2026, China will again set a modest 5-percent GDP growth target, repeating the goal it set for 2025, according to government advisors and officials who spoke to Reuters.
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BIG BANKS OFFER MIXED, BUT POSITIVE, FORECASTS FOR U.S. EQUITIES IN 2026
Last week, major banks offered their forecasts for the U.S. stock market’s performance in 2026. They agreed share prices would continue to rise, though they differed over how much.
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CONSUMER SENTIMENT PERKS UP FROM DEEP LOWS
U.S. households were feeling a little better about the economy as December began, according to the University of Michigan’s monthly survey of consumer sentiment.
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U.S. REGULATORS DITCH RULES RESTRICTING RISKY LOANS BY BANKS
The Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency have rescinded guidance instituted in 2013 to prevent banks from making “riskier loans to the buyout industry,” the Financial Times reported.
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SEPTEMBER’S INFLATION WAS LOWER THAN EXPECTED
The long-delayed report on September’s U.S. inflation rate showed core prices rose at an annual pace of 2.8 percent, 0.2 percent higher than in August and just below the 2.9 percent annual rate booked the month before.
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U.S. FACTORY PRODUCTION DECLINED AGAIN IN NOVEMBER
Overall business activity at U.S. factories slowed in November, according to the Institute for Supply Management’s (ISM’s) purchasing managers index.
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GOING OUT OF BUSINESS TRENDS
The economic landscape has presented an array of challenges that have profoundly affected the business community this year.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
Employers cut 1.1 million jobs in 2025, the highest level in four years, according to outplacement firm Challenger, Gray and Christmas.