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Automotive And Apparel Companies 'Absorbed Tariff Costs' Amid Better Than Expected May CPI Print: 'But Don't Expect That To Continue,' Says Expert
Thursday, June 12, 2025 - 5:26am | 995Even as May’s inflation print was better-than-expected, it snapped a four-month falling streak and rose slightly, hinting that firms absorbed some tariff-induced price hikes. What Happened: “Surprisingly, new and used vehicle prices declined in May, despite many expecting an increase in...
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Best Sector ETF Ideas For May: A Surprise
Friday, April 28, 2017 - 9:47am | 504The May trading month starts Monday, and there will likely be the usual conjecture about "selling in May and going away," but it is also worth remembering May is not the worst month of the year for stocks. Not even close. In fact, the S&P 500 usually rises in the fifth month of the year. Over...
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State of the Economy Update: Retail Sales
Thursday, June 12, 2014 - 8:55am | 240For a second consecutive month, U.S. Retail sales were disappointing as total sales in May rose by just 0.3 percent. The level was below the consensus estimate for an increase of 0.5 percent and was also below April’s revised level of 0.5 percent (from 0.1 percent). Last six month...