While inflation is showing signs of easing, consumers in the country may still be feeling its effects for quite some time, according to Joel Anderson, CEO of discount retailer Five Below. The executive sees underperformance particularly in the lower-income demographic.”The lower-end customer is really being stretched,” Anderson said on an…

American households want the biggest bang for their buck right now when they pull their wallets out to shop. That doesn’t mean they want something cheap all the time. They’ve been paying more for goods and services for a while because of higher inflation that stubbornly stuck around. What’s also…

A man eating a chocolate bar. As an analyst, there is nothing more exciting than covering businesses that I view to be of the utmost quality. As far as I’m concerned, that’s the name of the game as a dividend growth investor. When considering prospective investments, there are a few…

Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.The European Central Bank has cut interest rates for the first time in almost five years, but warned that future reductions would depend on price pressures easing further.Thursday’s quarter-point cut to 3.75…

A federal judge ordered Steve Bannon to report to prison by July 1 and serve four months for his 2022 conviction of contempt of Congress after failing to provide documents and testimony to the House Select Committee that investigated the January 6, 2021, US Capitol attack. Read the full article here

By Stephen Nellis and Dawn Chmielewski (Reuters) -Apple’s Vision Pro could upend how people watch television at home and how they use computers at work, potentially positioning the headset to be a successor to both traditional television and the Mac. The $3,500 headset, which blends three-dimensional digital content with a…

WASHINGTON (Reuters) – The U.S. House of Representatives will vote next month on a measure to overturn the Biden administration’s moratorium on approvals of new liquefied exports, Bloomberg reported, citing a Republican lawmaker. The measure will be voted on the week after next, the report said, citing Representative Cathy McMorris…

By Herbert Lash and Samuel Indyk NEW YORK/LONDON (Reuters) -The dollar rose on Thursday after data on unemployment benefits again pointed to a resilient U.S. labor market, reinforcing the Federal Reserve’s message that interest rates are unlikely to be cut in the near term. The number of Americans filing new…

By Lucia Mutikani WASHINGTON (Reuters) – U.S. producer prices increased more than expected in January amid strong gains in the costs of services such as hospital outpatient care and portfolio management, stoking financial market fears inflation was picking up after months of cooling. The increase reported by the Labor Department…

We all know the population of older adults is growing rapidly. But we are aging in very different ways. And if we are going to reimagine medicine, caregiving, and government policy, it is important to better understand who older adults are and how they live. In its newest Profile of…