U.S. consumer: 'There are some cracks coming' on credit, strategist says

Retail sales came in stronger than expected for September, increasing 0.7 percent month-over-month and 3.8 percent year-over-year. WealthWise CEO Loreen Gilbert joins Yahoo Finance Live to discuss the report and what it means for future interest rate hikes.

On future rate hikes from the Federal Reserve, Gilbert adds that she sees “a rate hold, not a rate hike. I think we're in a holding measure right now and I think that's going to be extended.”'That blew up in my face': This college student lives free in her uncle's investment property — but still collects rent from her friends and pockets the cash.

I was all set for my trip, or so I thought. That's when my friend told me to always keep a bread clip when traveling. The reason is quite clever.Canada's annual inflation rate edged down in September, increasing 3.8 per cent compared to a 4 per cent increase in August.Giant Lithium Deal Collapses After Australian Billionaire Rinehart Steps In

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Retail sales up a solid 0.7% in September as American consumers defy rising prices, interest ratesNEW YORK (AP) — Americans kept spending in September at a solid pace even as they grappled with higher prices and interest rates. Retail sales rose 0.7% in September, more than twice what economists had expected, and close to a a revised 0.
Source: SooToday - 🏆 8. / 85 Read more »

U.S. retail sales up 0.7% in September as American consumers defy rising prices, interest ratesSeptember’s uptick in retail sales, the sixth consecutive monthly gain, reflects how the U.S. economy has remained resilient despite attempts by the Federal Reserve to cool spending and hiring
Source: globeandmail - 🏆 5. / 92 Read more »

Retail sales up a solid 0.7% in September as American consumers defy rising prices, interest ratesNEW YORK (AP) — Americans kept spending in September at a solid pace even as they grappled with higher prices and interest rates. Retail sales rose 0.7% in...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »