RIZK Capital

09/03/2024

The ISM monthly survey of purchasing managers showed that just 47.2% reported expansion in August.

08/28/2024

Mortgage rates fell last week for the fourth straight week, but neither current homeowners nor homebuyers seemed particularly impressed.

08/23/2024

Powell laid the groundwork for interest rate cuts ahead, though he declined to provide exact indications on timing or extent.

08/21/2024

TJX Companies has taken market share from competitors like Macy's and Target as price-sensitive consumers look for a deal amid persistent inflation.

08/20/2024

Lowe's said customers took on fewer discretionary home projects and unfavorable weather hurt sales of outdoor and seasonal items.

08/19/2024

The survey showed a slide in people reporting they are employed, a surge in those looking for work and growing dissatisfaction with pay.

08/14/2024

Inflation Breakdown for July 2024

08/13/2024

Inflation Under Control, for now !

The producer price index for July was expected to increase 0.2%, according to the Dow Jones consensus estimate.

08/13/2024

Big Move !

After several quarters of weak sales, Starbucks has tapped Chipotle CEO Brian Niccol as Laxman Narasimhan's replacement.

08/09/2024

Costco Wholesale Corporation (Nasdaq: COST) today reported net sales of $19.26 billion for the retail month of July, the four weeks ended August 4, 2024, an increase of 7.1 percent from $17.99 billion last year.

Net sales for the first 48 weeks were $229.81 billion, an increase of 7.1 percent from $214.53 billion last year.