Author: super@dmin
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: ‘It’s a double whammy’: September retail sales and inflation do not bode well for the holiday shopping season. Here’s why.
There are early signs that holiday shoppers are already dialing down their spending.
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Economic Report: Inflation expectations rise in October as consumer mood stays somber
Consumer sentiment rose slightly to 59.8 in October even as Americans expectations for inflation worsened, according to a Friday survey.
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: Expect big discounts this holiday season, as retail sales fall flat in September. How to find bargains on TVs, toys and electronics.
Online holiday sales are expected to rise by just 2.5% to $209.7 billion this year, the slowest rate since 2012.
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Market Extra: Kwasi Kwarteng’s ouster was driven by financial markets rejection of tax cuts
Kwasi Kwarteng was ousted by U.K. Prime Minister Liz Truss as chancellor of the exchequer on Friday, capping a chaotic spell after planned tax cuts were rejected by financial markets.
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MarketWatch First Take: Kroger unveils $24.6 bln deal to buy smaller grocery chain Albertsons
The acquisition will establish a national footprint ‘to serve America with fresh, affordable food,’ according to a statement released by the companies on Friday.
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: Next U.K. chancellor set to be fourth in four months as Kwasi Kwarteng confirms exit
With Liz Truss having sacked her administration’s chancellor, history shows that Kwasi Kwarteng will have the second-short stint in that role.
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: Ads are coming to Netflix in November with plan costing $6.99 a month
Netflix Inc. announced Thursday that its new ad-supported tier will debut Nov. 3 in the U.S. for $6.99 a month.
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Mark Hulbert: It turns out that bonds may be a riskier investment now than stocks
Long-term Treasury bonds have lost more money than stocks in 2022.
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Metals Stocks: Gold on track for weekly loss as traders eye Fed rate hikes
Gold futures trade lower Friday, on track for a weekly loss as investors assess the outlook for interest rates.
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Need to Know: The debt vigilantes are back, and even U.S. assets will struggle. Here’s what to buy instead, says one veteran fund manager.
Return of the bond vigilantes tells us that debt now really matters