Shoppers at the grand opening of Wegmans supermarket on Feb. 26, 2025 in Lake Grove, New York, U.S. Howard Schnap | Newsday | Getty Images The Wall Street adage to never bet against the U.S. consumer still holds true — to some degree. February’s retail sales, while lower than expected, still registered an increase. For…
Eggs for sale in a Manhattan grocery store on Feb. 25, 2025, in New York City. Spencer Platt | Getty Images The U.S. consumer hasn’t felt so glum about the economy since November 2022, according to a survey by the University of Michigan. That’s when annual inflation was at 7.1% and Federal Reserve Chair Jerome…
Signs limit the number of cartons of eggs a customer can purchase at a grocery store in Gloucester, Massachusetts, U.S., March 8, 2025. Brian Snyder | Reuters The U.S. consumer hasn’t felt so glum about the economy since November 2022, according to a survey by the University of Michigan. That’s when annual inflation was at…
Nvidia CEO Jensen Huang arrives to attend the opening ceremony of Siliconware Precision Industries Co. (SPIL)’s Tan Ke Plant site in Taichung, Taiwan Jan. 16, 2025. Ann Wang | Reuters Nvidia’s revenue in 2024 more than doubled compared with a year earlier, beating analysts’ expectations. Moreover, the company expects sales in the current quarter will…
