Is there real progress in this economy right now. I know we can look at these numbers and find some modicum of stability, but is a real progress, real growth. Well, this is also a very important question remain, because if we think about what was the reason why we had a slowdown over the summer, it was likely because of the turmoil that came after Liberation Day.But Immigration Day is now eight, nine months ago, and things are gradually getting better on the trade for at least us. More clarity. And we've, o ...

I I'm genuinely trying to figure out if he's blaming the word affordability on Democrats, saying they somehow made it up and it doesn't mean what it means. Um or if he's saying that nobody was complaining about affordability uh until a Democrat I I it's very confusing. Also very confusing that he was saying all that at the Saudi investment forum.Anyway, the public isn't blaming Democrats for the cost of living and the economy right now. Now, even if even if the president wants to say they are at fault, 76% ...

Wooden cubes spelling 'sell' with yes or no block. Key Points Major stock indices have become volatile amid concerns about an AI slowdown and fading hopes of a December rate cut. However, speculative assets like high-beta tech stocks and cryptocurrencies have been in decline for weeks. These three stocks were big winners earlier this year but are now flashing warning signs that investors should heed in the coming weeks. Interested in Array Technologies, Inc.? Here are five stocks we like better. In ...

High prices persist — making life less affordable — and further increases are on the horizon ...

Mexico’s sluggish economy will help ease inflationary pressures in the upcoming months, according to the minutes of the central bank’s latest rate decision citing most board members https://t.co/hcwA6Op30g ...

Egypt left interest rates unchanged, opting for caution after inflation unexpectedly quickened for the first time in five months https://t.co/jjgWZ1AEK0 ...

RT Flaming.hodl ₿ (@flaming_hodl)@meeDamian @NickSzabo4 The government has been stealing efficiency gains out of the economy through money printing. Efficiency should make everything less expensive through deflation but instead the government prints enough money to keep inflation at 2%. With 3% deflation means they are taking 5%. ...

It’s about more than denying inflation https://t.co/OIeM38mw5e ...

I'm at the Cleveland Federal Reserve Bank with the president, Beth Hammock. Uh Beth, thank you for having us here in Cleveland, >> Steve. We're thrilled that you came out and made the trip.>> Great. What an interesting conference you're putting on about financial stability. A good time for that, but also good time to talk about the outlook for Fed policy.Uh let's start with the easy thing, which is my question about your takeaway from this morning's jobs report. >> Um well, we we've only had a short amount ...

Core Insights - Retail and restaurant chains are experiencing the effects of persistent inflation, particularly as lower-income customers reduce their spending [1] Company Summary: Chipotle Mexican Grill Inc. - Chipotle's stock fell 19% in one day after missing Q3 revenue estimates and lowering its full-year same-store sales forecast [2] - The average cost of a burrito or bowl at Chipotle is approximately $10-$12, and the company is facing challenges as fewer young Americans dine out due to inflation and declining consumer sentiment [2] - CEO Scott Boatwright noted that customers with household incomes below $100,000 account for about 40% of Chipotle's total sales [3] - There is a "broad-based" decline in dining out across all income levels, attributed to a significant drop in consumer sentiment earlier this year [3] - A report indicated that the consumer confidence index fell for the third consecutive month in October, reaching its lowest level in six months [4] - Young Americans aged 25 to 35 are facing challenges such as unemployment, increased student loans, and slower wage growth, impacting their dining habits [4] - Chipotle now anticipates same-store sales to decline in the low-single-digit range in 2025, a revision from its previous forecast of flat sales [5] - The company's shares have decreased by 47% year-to-date [5] - Boatwright stated that younger consumers are opting to eat at home rather than dining out, indicating a shift in consumer behavior due to rising costs [6]