Sage Investment Club

The U.S. Consumer Is Starting to Freak Out

Listen to article(2 minutes)The engine of the U.S. economy—consumer spending—is starting to sputter.Retail purchases have fallen in three of the past four months. Spending on services, including rent, haircuts and the bulk of bills, was flat in December, after adjusting for inflation, the worst monthly reading in nearly a year. Sales of existing homes in […]

BlackRock Profit Falls 23%: WSJ

The money-management firm’s assets under management increased to $8.6 trillion after three quarters of declines. Source link