January 17, 2024   United States: US Retail Sales Rise By Most in Three Months to Cap Holidays US retail sales rose at the strongest pace in three months in December, capping a solid holiday season that suggests consumer resilience heading into the new year. The value of retail purchases, unadjusted for inflation, increased 0.6%

January 16, 2024   United States: New York Factory Index Slumps to Lowest Level Since May 2020 New York state factory activity deteriorated sharply at the start of 2024 on declining orders and shipments, consistent with persistent struggles for manufacturers across the US. The Federal Reserve Bank of New York’s general business conditions index decreased

January 15, 2024   United States: US Economy Set for Another Cash Boost If Congress Backs Tax Deal The US economy is set for an unexpected fiscal boost if lawmakers back a potential deal for $70 billion worth of tax breaks for businesses and families. Congressional negotiators are locked in talks over renewing expired business

January 12, 2024   United States: BofA’s Bond Traders Post a Surprise Drop as Profit Slumps Bank of America Corp.’s earnings fell short of expectations as the bank’s numerous charges in the fourth quarter cut into profit and the firm’s fixed-income traders posted a surprise drop in revenue. Net income fell 56% to $3.14 billion,

January 11, 2024   Gas Price Movement - January 11, 2024   Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no

January 11, 2024   United States: US Inflation Accelerates, Tempering Case for Fed to Cut Rates US inflation accelerated in December as Americans paid more for housing and driving, challenging investor bets that the Federal Reserve will cut interest rates soon. The consumer price index increased 3.4% in the year through December, the most in

January 10, 2024   United States: US Inflation Is Set to Fade in 2024 as Goods Prices Keep Falling US inflation is set to further recede in 2024, ending the year near the Federal Reserve’s 2% target as economic disruptions from the pandemic fade further and prices of some goods even decline. The downdraft should keep

January 9, 2024   United States: US Consumer Inflation Expectations Fall to Lowest Since January 2021 US consumers’ near-term inflation expectations declined in December to the lowest level since January 2021, according to a Federal Reserve Bank of New York survey released Monday. Median year-ahead inflation expectations fell for a third month to 3.0%, down

January 8, 2024   United States: Fed Pivot Will Dominate Year of Rate Cuts The coming 12 months are shaping up as the year of the interest-rate cut. After racing ahead with the most aggressive tightening campaign in decades during 2022 and 2023, central banks around the world are poised to begin easing monetary policy

January 5, 2024   United States: US Payrolls Pick Up, Wages Gain as Labor Market Stays Solid US job growth picked up in December and wage gains exceeded expectations, diminishing prospects for a Federal Reserve interest-rate cut in March. Nonfarm payrolls increased 216,000 after a downwardly revised 173,000 advance in November, a Bureau of Labor