More than 1 in 5 women have no cash savings at all — and even those who do may not have enough. A recent Fidelity study found that women have an average of $54,000 saved, compared to $62,000 for men. But with rising costs, economic uncertainty and the gender pay gap, that cushion might not go as far as you think. Read Next: 6 Things You Must Do When Your Savings Reach $50,000 Be Aware: 4 Surprising Things That Could Impact Your Wallet If a Recession Hits In this “Financially Savvy Female” column, we’re c ...

Economic Outlook - UK inflation data came in cooler than expected, increasing the likelihood of a Bank of England rate cut [1] - The industry is questioning whether recent weak economic data signals a temporary dip or a larger UK downturn [1]

Joining us right now for a check on the consumer and spending is Cameron Mitchell. He's the founder and CEO of Cameron Mitchell Restaurants. That firm operates 50 restaurant locations under 20 concepts, plus an events company, a food hall, and a virtual kitchen.And Cameron, correct me if I'm wrong. I think you're operating in 21 29 states at this point. >> Uh about actually half that about 15 states.29 different markets. Yes. >> 29 different markets.Okay. Thank you. Um Cameron, first of all, welcome.It's gr ...

Core Insights - General Mills reported a decline in second-quarter profit and sales as the company implements price cuts to attract consumers affected by inflation [1] Financial Performance - The company experienced lower profit and sales figures in the second quarter [1] - Price cuts are being utilized as a strategy to draw in inflation-weary consumers [1]

All right. Uh, you know, we don't talk a lot about oil recently. Uh, right now we're seeing oil move to the upside on on potential sanctions on Russia and sanctions on Venezuela.Does that change your view of the energy sector in any way. Yesterday, we saw every uh stock in the energy sector close lower. It closed down about 3%.Does it reshape any views for you. >> I think it's still a little bit too early to tell on that. I mean, we're certainly seeing moves, certainly seeing moves this morning on that news ...

All right. Uh, you know, we don't talk a lot about oil recently. Uh, right now we're seeing oil move to the upside on on potential sanctions on Russia and sanctions on Venezuela.Does that change your view of the energy sector in any way. Yesterday, we saw every uh stock in the energy sector close lower. It closed down about 3%.Does it reshape any views for you. >> I think it's still a little bit too early to tell on that. I mean, we're certainly seeing moves, certainly seeing moves this morning on that news ...

Core Viewpoint - The article discusses the rationale behind holding bonds in an inflationary environment, questioning their value as an investment choice [1] Group 1: Inflation Impact on Bonds - Inflation diminishes the purchasing power of fixed income from bonds, leading to a potential loss in real returns [1] - The article suggests that in a high inflation scenario, the opportunity cost of holding bonds increases as other assets may provide better returns [1] Group 2: Alternative Investment Strategies - Investors are encouraged to consider alternative assets that may offer protection against inflation, such as equities or real assets [1] - The discussion highlights the importance of asset allocation in an inflationary context, advocating for a diversified portfolio to mitigate risks associated with bonds [1]

By Naomi Rovnick, global markets correspondent. ...

Group 1 - Wall Street is experiencing a lack of the traditional Santa rally due to inflation concerns and geopolitical tensions [1][5] - U.S. President Donald Trump has ordered a blockade of sanctioned oil tankers entering and leaving Venezuela, increasing geopolitical tensions [3] - Warner Bros Discovery's board is expected to advise shareholders against Paramount Skydance's $108.4 billion takeover bid [3] Group 2 - British consumer price inflation unexpectedly fell to 3.2% in November from 3.6% in October, potentially influencing the Bank of England's interest rate decisions [4] - The Labour government in Britain is considering options to boost the economy, including AI-driven productivity or closer trading ties with the EU [4] - China's steel production in November was the weakest in nearly two years, leading to the lowest annual output since 2018 [5]

“[Tuesday’s] data paints a picture of an economy catching its breath,” said Gina Bolvin, president of Bolvin Wealth Management Group. “Job growth is holding on, but cracks are forming. Consumers are still standing, but not sprinting.”The U.S. Labor Department’s report on Tuesday showed that nonfarm payrolls rose by +64K in November after declining by -105K in October. At the same time, the U.S. unemployment rate rose to a 4-year high of 4.6% in November, weaker than expectations of 4.5%. Also, U.S. November ...