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Does Consumer Spending Drive Earnings Growth?

It would seem evident that most investors would understand that consumer spending drives economic growth, ultimately creating corporate earnings growth. Yet, despite this somewhat tautological statement, Wall Street appears to ignore…

US GDP Still on Track to Rebound in Q2

Uncertainty and risk continue to weigh on the outlook for the economy, but the latest nowcasts for the government’s second-quarter report (due on July 30) are still pointing to recovery after Q1’s slight contraction. The median nowcast…

Zia Yusuf resigns as Reform UK chairman

Becky MortonPolitical reporterReutersFarage said Yusuf was "a huge factor" in the party's success in last month's elections, when Reform won a by-election, two mayoral races and gained 677 new councillors.However, he told GB News he…

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