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US consumer confidence races to 17-month high; housing market regaining strengthU.S. consumer confidence increased in June to the highest level in nearly 1-1/2 years amid renewed labor market optimism, while business spending appeared to hold up in May, indicating the economy remained on solid footing despite fears of a recession.
Source: Reuters - 🏆 2. / 97 Read more »
Walgreens slashes earnings guidance due to lower consumer spending, drop in Covid care demandCEO Rosalind Brewer said Walgreens will increase its cost-cutting program to $4.1 billion and take action to increase profitability in the health-care segment.
Source: CNBC - 🏆 12. / 72 Read more »
Bitcoin, Ethereum Technical Analysis: BTC Rebounds Ahead of US Consumer Confidence Report – Market Updates Bitcoin NewsAfter a three-day losing streak, bitcoin rebounded on Tuesday, ahead of the upcoming consumer confidence report in the United States.
Source: BTCTN - 🏆 531. / 51 Read more »