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June 1, 2024 5:00 AM ET | MarketBeat Staff

MarketBeat Week in Review – 5/27 - 5/31

Markets closed the week quietly after a sharp sell-off; however, the market is likely to remain volatile as several key economic reports are on deck

NASDAQ:NVDANYSE:DECKNYSE:NCLH
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Read MarketBeat Week in Review – 5/27 - 5/31
The Week Ahead news icon
May 30, 2024 1:18 PM ET

Economic Data Frenzy Continues in June

Schaeffers Investment Research

Set to surface in the first week of June will be a fresh slew of economic data, including the S&P flash U.S. purchasing manufacturing index (PMI).

Read Economic Data Frenzy Continues in June
A 2024 Ford F-150 truck is assembled at the Dearborn Truck Plant, Thursday, April 11, 2024, in Dear…
May 30, 2024 6:42 AM ET

US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending

The Associated Press

The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the weakest quarterly rate since the spring of 2022, the government said in a downgrade from its previous estimate

Read US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending
Best Buy in Philadelphia, Wednesday, November 17, 2021
May 30, 2024 5:53 AM ET

Best Buy and Kohl's extends streak of quarterly sales slumps as Americans focus on the essentials

The Associated Press

The earnings results from Best Buy and Kohl’s, announced Thursday, offer the latest evidence of consumers’ cautious spending amid a challenging economic environment

Read Best Buy and Kohl's extends streak of quarterly sales slumps as Americans focus on the essentials
Cyprus' President Nikos Christodoulides, left, and Qatar's Emir Sheikh Tamim bin Hamad al-Thani rev…
May 28, 2024 12:13 PM ET

Qatar's ruler looking to invest in energy, ports and high-tech in Cyprus, official says

The Associated Press

The emir of Qatar is looking to invest in energy and high-tech in Cyprus — projects seen as having a strong economic potential

Read Qatar's ruler looking to invest in energy, ports and high-tech in Cyprus, official says
Chipotle Mexican Grill circular round sign
May 28, 2024 5:35 AM ET

Can CAVA, Red Robin, and Cracker Barrel Match Chipotle's Q1 Win?

Jeffrey Neal Johnson

In a dynamic economic landscape, restaurant chains are implementing varied strategies to gain market share and cater to changing consumer preferences.

NYSE:CMGNYSE:CAVANASDAQ:CBRL
Read Can CAVA, Red Robin, and Cracker Barrel Match Chipotle's Q1 Win?

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All Economics News Headlines

Commuters walk in a passageway during a rush hour at Shinagawa Station Wednesday, February 14, 2024…
May 28, 2024 2:16 AM ET

UN report says that education, social safety nets vital for Asia to grow rich, cope with aging

The Associated Press
Read UN report says that education, social safety nets vital for Asia to grow rich, cope with aging
Financial markets news icon
May 25, 2024 5:00 AM ET

MarketBeat Week in Review – 5/20 - 5/24

MarketBeat Staff
NASDAQ:COSTNYSE:SNOWNASDAQ:ULTA
Read MarketBeat Week in Review – 5/20 - 5/24
The homepage of the official website for the Toronto-Dominion Bank
May 24, 2024 5:30 AM ET

TD Bank Q2 Earnings: Record Highs and Regulatory Hurdles

Jeffrey Neal Johnson
NYSE:TDTSE:TD
Read TD Bank Q2 Earnings: Record Highs and Regulatory Hurdles
Financial markets news icon
May 23, 2024 2:21 PM ET

How major US stock indexes fared Thursday, 5/23/2024

The Associated Press
Read How major US stock indexes fared Thursday, 5/23/2024
The city of Porto Alegre is flooded after heavy rain in Porto Alegre, Rio Grande do Sul state, Braz…
May 23, 2024 12:59 PM ET

Brazil’s Rio Grande do Sul faces economic woes after floods, and an unclear path to rebuilding

The Associated Press
Read Brazil’s Rio Grande do Sul faces economic woes after floods, and an unclear path to rebuilding
A protesting depositor carries a placard at a protest near Parliament in downtown Beirut, Lebanon, …
May 23, 2024 5:40 AM ET

Poverty in Lebanon tripled over a decade, World Bank says

The Associated Press
Read Poverty in Lebanon tripled over a decade, World Bank says
Argentine President Javier Milei, center, and National Deputy Jose Luis Espert celebrate at the end…
May 22, 2024 9:33 PM ET

Javier Milei, the hard rocker in Argentina's highest office, turns his book talk into wild show

The Associated Press
Read Javier Milei, the hard rocker in Argentina's highest office, turns his book talk into wild show
silhouette form of bull and bear on financial stock market graph represent stock market risk or random trend investment
May 22, 2024 7:14 AM ET

Long vs. Short Position: A Breakdown of Stock Positions

Sarah Horvath
Read Long vs. Short Position: A Breakdown of Stock Positions
Macy's Q1 Turnaround Takes Shape as Consumers Shift
May 22, 2024 6:17 AM ET

Macy's Q1 Turnaround Takes Shape as Consumers Shift

Jeffrey Neal Johnson
NYSE:M
Read Macy's Q1 Turnaround Takes Shape as Consumers Shift
The United States Steel Mon Valley Works Clairton Plant in Clairton, Pa
May 20, 2024 5:17 PM ET

Trump or Biden? Either way, US seems poised to preserve heavy tariffs on imports

The Associated Press
Read Trump or Biden? Either way, US seems poised to preserve heavy tariffs on imports
May 18, 2024 7:00 AM ET

20 Low-Stress In-Person and Remote Jobs for Seniors and Retirees

Due.com
Read 20 Low-Stress In-Person and Remote Jobs for Seniors and Retirees
May 17, 2024 3:51 PM ET

A Retiree’s Guide to Digital Finance: Terms, Tools and Tips

Due.com
LON:INV
Read A Retiree’s Guide to Digital Finance: Terms, Tools and Tips
A worker walks past the logo of the factory of King Yuan Electronics Co
May 16, 2024 10:02 PM ET

Taiwan is selling more to the US than China in major shift away from Beijing

The Associated Press
NYSE:PGR
Read Taiwan is selling more to the US than China in major shift away from Beijing
Economy news icon
May 16, 2024 5:26 PM ET

UN reports improved prospects for the world economy and forecasts 2.7% growth in 2024

The Associated Press
NASDAQ:COO
Read UN reports improved prospects for the world economy and forecasts 2.7% growth in 2024
People walk across a pedestrian crossing in Ginza shopping district in Tokyo on March 31, 2023
May 15, 2024 9:03 PM ET

Japan's economy shrinks on weak consumer spending, auto woes

The Associated Press
NYSE:TM
Read Japan's economy shrinks on weak consumer spending, auto woes
President Joe Biden speaks in the Rose Garden of the White House in Washington, Tuesday, May 14, 20…
May 14, 2024 2:39 PM ET

New US tariffs on Chinese electric vehicles, batteries and solar cells could raise consumer prices

The Associated Press
Read New US tariffs on Chinese electric vehicles, batteries and solar cells could raise consumer prices
President Joe Biden speaks in the Rose Garden of the White House in Washington, Tuesday, May 14, 20…
May 14, 2024 2:39 PM ET

New US tariffs on Chinese electric vehicles, batteries and solar cells could raise consumer prices

The Associated Press
Read New US tariffs on Chinese electric vehicles, batteries and solar cells could raise consumer prices
A vendor waits for customers at the central market for fruit and vegetables in Buenos Aires, Argent…
May 14, 2024 1:05 PM ET

Argentina reports its first single-digit inflation in 6 months as markets swoon and costs hit home

The Associated Press
Read Argentina reports its first single-digit inflation in 6 months as markets swoon and costs hit home
A worker assembles an SUV at a car plant of Li Auto, a major Chinese EV maker, in Changzhou in east…
May 14, 2024 3:03 AM ET

Biden hikes tariffs on Chinese EVs, solar cells, steel, aluminum — and snipes at Trump

The Associated Press
Read Biden hikes tariffs on Chinese EVs, solar cells, steel, aluminum — and snipes at Trump
Chinese President Xi Jinping, left, listens during his joint press conference with Hungarian Prime …
May 13, 2024 10:06 PM ET

Xi's visit to Hungary and Serbia brings new Chinese investment and deeper ties to Europe's doorstep

The Associated Press
Read Xi's visit to Hungary and Serbia brings new Chinese investment and deeper ties to Europe's doorstep
President Joe Biden boards as departs on Marine One at Marina Green parking lot with the Golden Gat…
May 10, 2024 3:59 PM ET

US plans to impose major new tariffs on EVs, other Chinese green energy imports, AP sources say

The Associated Press
Read US plans to impose major new tariffs on EVs, other Chinese green energy imports, AP sources say
May 10, 2024 11:55 AM ET

Decoding America’s escalating debt crisis

Due.com
Read Decoding America’s escalating debt crisis
A general view of the Bank of England in London, Thursday May 9, 2024
May 10, 2024 12:38 AM ET

British economy rebounds strongly in first quarter of the year, ending 'technical recession'

The Associated Press
Read British economy rebounds strongly in first quarter of the year, ending 'technical recession'
President of the European Union Chamber of Commerce in China Jens Eskelund speaks during a press co…
May 9, 2024 6:45 PM ET

European companies are less upbeat about China's vast market as its economy slows

The Associated Press
Read European companies are less upbeat about China's vast market as its economy slows

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