US grocery volumes fall as higher food bills curb shopper demand
Bain analysis of NielsenIQ data shows June grocery unit sales fell 1.8%, intensifying pressure on food makers and retailers to com...
By Sarah Jenkins 2 months agoChief Macro Economics Correspondent
Sarah covers central banks, sovereign debt, and the data behind the cycle. She spent eight years at a rates desk before moving to journalism.
Bain analysis of NielsenIQ data shows June grocery unit sales fell 1.8%, intensifying pressure on food makers and retailers to com...
By Sarah Jenkins 2 months agoBrussels is preparing proposals that could lower capital burdens and support cross-border bank mergers, according to reports and a...
By Sarah Jenkins 2 months agoJames Patten’s lawyer cited a co-defendant’s short sentence as prosecutors seek 12 to 18 months in the $100 million stock manipula...
By Sarah Jenkins 2 months agoGold Exchange Universe has launched eight real-time buying-rate boards for gold, silver, platinum, coins and prospect gold in Sydn...
By Sarah Jenkins 2 months agoNvidia said its new world model for robots and vision AI agents will support a broader push into Japan’s industrial, healthcare an...
By Sarah Jenkins 2 months agoThe duties take effect July 22 under Section 301, with a separate forced-labor inquiry potentially adding more costs for Brazilian...
By Sarah Jenkins 2 months agoThe Fed chair defended his approach to inflation measures as June CPI and PPI fell, while lawmakers pressed him on price stability...
By Sarah Jenkins 2 months agoThe Fed’s Beige Book said World Cup tourism helped bars and hotels, while higher oil prices and weaker discretionary demand capped...
By Sarah Jenkins 2 months agoJ&J topped second-quarter sales and profit estimates and lifted guidance, but shares declined as investors focused on weakness in...
By Sarah Jenkins 2 months agoMBA data showed weaker purchase-loan demand as the 30-year conforming mortgage rate rose to 6.65%, while refinancing activity incr...
By Sarah Jenkins 2 months agoCNBC said Apple received approval to offer Apple Intelligence in China, with Alibaba models set to support features on local devic...
By Sarah Jenkins 2 months agoNew repayment restrictions took effect July 1, changing how some borrowers can earn credit toward Public Service Loan Forgiveness.
By Sarah Jenkins 2 months ago