• Inflation Takes a Bite Out of Consumer Sentiment, Which Has Hit Its Lowest Level in Six Months

    After three months of little change in the collective mood among consumers,

  • Corporate Bankruptcies Hit Highest Level in Since April 2023 Amid High Interest Rates

    U.S. corporate bankruptcies reached their highest level in a year in April. That’s according to a Sunday (May 12) report by Seeking Alpha, citing data from S&P Global Market Intelligence which shows companies pressured by continued high interest rates. The data showed 66 new bankruptcy filings last month, up from 61 in March. S&P Global said the […]

  • Bruins-Panthers animosity hits new level after Bennett hit on Marchand

    The hatred between the Bruins and Panthers has gone to a higher level after

  • US, Argentina to resume high-level dialogue

    United States Secretary of State Antony Blinken (pictured) met with Argentinian Foreign Minister Diana Mondino in Buenos Aires to sign a framework of understanding to reestablish high-level strategic

  • What Walmart's Q1 earnings are revealing about US consumers

    Walmart (WMT) posted its first-quarter earnings report revealing revenue that beat expectations and showed a growth in its e-commerce arm. Comparable sales and transactions rose 3.8% in the US, while the average ticket price was flat. Walmart CFO John David Rainey joined Yahoo Finance to give insight into the state of the consumer from Walmart's perspective, claiming consumers' wallets are "stretched." Yahoo Finance's Rachelle Akuffo joins Wealth! to break down the numbers behind Walmart's...

  • These Are The 10 US States With The Lowest Real GDP Growth

    These Are The 10 US States With The Lowest Real GDP Growth While the U.S. economy defied expectations in 2023, posting 2.5% in real GDP growth, several states lagged behind. Last year, oil-producing states led the pack in terms of real GDP growth across America, while the lowest growth was seen in states that were more sensitive to the impact of high interest rates, particularly due to slowdowns in the manufacturing and finance sectors. In the following graphic, Visual...

  • US Q1 uranium production highest since 2018

    US production of 82,533 pounds U3O8 (32.1 tU) in the first quarter of 2024 was the highest Q1 production since 2018 and almost 80% more than production for the whole of 2023.

  • Jobless claims rise to highest level since August

    The federal government reports first-time applications for jobless benefits rose last week to 231 thousand.

    • ZDNet

    Most ransomware-hit enterprises report to authorities, but level of support varies

    The majority of organizations hit by a ransomware attack are choosing to report to the relevant authorities, but the level of support they receive back varies depending on where they are. Globally, 97% of businesses impacted by ransomware attacks in the past year reached out to law enforcement and other government agencies for help, according to new findings extracted from Sophos' State of Ransomware 2024 report. The study drew insights from 2,974 organizations that were hit by ransomware, from...

    • CNN

    Consumers haven’t felt this bad about the economy since November

    Consumer sentiment plunged to the lowest level in six months as price increases reaccelerated, according to the latest University of Michigan survey of consumers, released Friday. Additionally, consumers are bracing for even higher price increases in the year ahead compared to readings from prior months, the survey found. The gauge, which is closely tracked by the Biden administration, plunged 13% from April’s 77.2% reading to 67.4%. However, that’s still a better reading than last May, when...

  • Consumers report significant rise in diet satisfaction since January

    The share of consumers who indicated they are either "rather happy" or "very happy" with their diets rose from 81% in January 2024 to 87% last month, according to the April 2024 Consumer Food Insights Report. This surprising finding follows extensive media attention devoted to issues like food inflation in recent months, the report's authors noted.

  • Blue Origin successfully launches its first crewed mission since 2022

    Blue Origin has successfully completed its NS-25 mission, resuming crewed flights for the first time in nearly two years. The mission brought six tourist crew members to the edge of space, including artist and former Air Force Captain Ed Dwight. In 1961, Dwight was selected by President John F. Kennedy to be the country’s first […] © 2024 TechCrunch. All rights reserved. For personal use only.