Americans are spending plenty — but they’re saving much less
Consumer spending rose again in June to cap off a strong second quarter, but households had to dig deep into their savings to pay for their purchases after a recent surge in inflation.
Consumer spending rose again in June to cap off a strong second quarter, but households had to dig deep into their savings to pay for their purchases after a recent surge in inflation.
Iran Calls for Diplomacy After Trump Rejects Hormuz Peace Proposal Diplomatic Efforts and Tensions Over the Strait of Hormuz By Trevor Hunnicutt, Yomna Ehab, Parisa Hafezi and Menna AlaaElDin WASHINGTON/UNITED NATIONS/CAIRO, Sept 27 (Reuters) – Iran on Sunday insisted that only diplomacy can solve its conflict with the United States and Israel after US President…
David E. Dweck’s Turret Equities has acquired distressed debt tied to two Upper East Side condo buildings with a checkered ownership history. The buildings, 184 East 64th Street and 227 East 67th Street, have been owned by multiple people accused or convicted of fraud over the past decade. Their current owner, Continuum Analytics, defaulted on…
Kirkland & Ellis ranked first among legal advisers for North American mergers and acquisitions in the first six months of 2026, leading by both deal value and number of transactions, according to GlobalData. Data from GlobalData’s Financial Deals Database showed the firm worked on 245 transactions with a combined value of $367.7bn. Access deeper industry…
Shares of Signet Jewelers (SIG +23.96%) surged 24% on Wednesday after the world’s leading retailer of diamond jewelry boosted its full-year profit forecast. Image source: Getty Images. Got to get that bling Ahead of Signet’s earnings release, investors were concerned that rising energy costs and persistent inflation would cause people to spend less on jewelry….
What is actually in the Bill The ROAD to Housing Act is not one idea. It is a package that pulls together more than sixty pieces of previously introduced legislation, most of them written with bipartisan sponsors, spanning twelve titles that touch nearly every part of how this country builds, finances, and preserves…
This week’s top headlines: Ben Thompson to leave MAB andEx-Connells chief wins fiery age discrimination and unfair dismissal cases. Explore these and other major industry updates below: Ben Thompson to leave MAB Mortgage Advice Bureau director of home moving strategy Ben Thompson is to leave the business at the end of the year after eight…