Despite inflation and rising gas prices, Synchrony’s latest results reveal a resilient consumer spending trend, driven by increased transaction frequency rather than larger purchases.
Saudi Arabia's Producer Price Index saw a notable rise in May, primarily driven by escalating manufacturing costs, particularly in chemicals and apparel. This trend reflects broade...
Saudi Arabia's inflation rate rose to 1.8% in June 2026, primarily driven by surging housing costs and transport prices, posing implications for consumer spending and investment st...
Despite a notable drop in the Consumer Price Index, consumer spending remains tepid, raising concerns about economic resilience. Households are still grappling with financial press...
The Federal Reserve has enlisted Marc Andreessen to explore AI's potential as a disinflationary tool, raising questions about conflicts of interest given his firm's investments in...
The New York Fed reports a decline in global supply chain pressures, offering hope for moderating inflation rates as trade flows improve in the Gulf region.
