The 1,900-store Target discount chain reported a 3.7-percent drop in overall sales in its most recent quarter ending in early May, making it the fourth consecutive quarter of shrinking sales for the company.
Tag: U.S. economy
SALES OF NEW HOMES SLUMP IN APRIL
In April, sales of newly built homes fell 4.7 percent from March and 7.7 percent year on year, the U.S. census bureau reported.
AMERICANS FEELING ECONOMIC PAIN
Donald Trump insists the U.S. economy is “going to hell.” According to a new Harris poll, most Americans agree.
FEDERAL DEBT LOAD WORRIES BOND INVESTORS AS ELECTION APPROACHES
With another round of U.S. treasury bonds to be unleashed onto an already flooded market late this summer, investors are expecting bond prices to fall, especially among long-dated bonds.
SOME FED OFFICIALS UNSURE IF INFLATION CAN BE SLOWED FURTHER
Inflation’s pace slowed steadily through the last half of 2023 but has been stuck at around 3.5 percent for much of this year.
HIGH-RISK BONDS ARE BACK IN STYLE
High interest rates are not keeping investors away from high-yield bonds, also known as junk bonds.
ECONOMIC UPDATE – MARKET OVERVIEW
While the vast majority of the public is mostly tuned out to what in the world is going on and only repeat the bullshit they hear on “the news” that’s dished out by mainstream media Presstitutes—media whores who put out for their corporate pimps and government whoremasters—as the weather heats up, the fact-dead public will be more tuned out and less informed.
ROBBER BARONS 2.0: CEO PAY SET A RECORD IN 2023
The median compensation for CEOs of top U.S. corporations rose to a record $15.7 million last year, up from $14.5 million the year before, according to a Wall Street Journal analysis.
SPOTLIGHT: BIGS GETTING BIGGER
American International Group (AIG) is selling control of Corebridge Financial, its life insurance and retirement funding division, to Nippon Life Insurance, Japan’s largest insurer, for about $3.8 billion.
CAN’T AFFORD A CAR? COST OF AUTO INSURANCE STILL ON THE RISE
The cost of insuring a passenger car or pickup truck in the U.S. leaped up 22 percent in the 12 months ending 30 April, the Bureau of Labor Statistics said.