XRT News Explorer
Stay informed with the latest market news and analysis about XRT
2024-11-22
Small businesses are still struggling: 'I have yet to bring home a single dollar'
Nov 22, 2024, 6:08 AM
Small businesses are still feeling pressure from worker shortages to inflationary pressures. The challenges are persisting as we enter the critical holiday period.
Retail sales fell in October as Budget fears hit spending
Nov 22, 2024, 2:25 AM
Sales volumes fell by more than expected in October with clothing stores having a "notably poor" month.
2024-11-14
How Trump’s proposed tariffs could affect the cost of jeans, appliances, and everyday items
Nov 14, 2024, 3:22 PM
Inflation is moderating, but economists expect that trend could reverse quickly if Donald Trump follows through with a proposal to impose 10%-20% tariffs on all imports and a 60% tariff on Chinese goods.
2024-11-13
US retail closures hit highest level since pandemic
Nov 13, 2024, 7:00 AM
Estimates from Coresight Research highlight how retail closures reached the highest level since the COVID-19 pandemic. Retailers announced 6,481 store closures since Nov. 8.
2024-11-07
Trump's tariffs would drive up consumer prices: National Retail Federation
Nov 7, 2024, 6:00 AM
National Retail Federation CEO Matthew Shay issued concerns about President-elect Trump's proposed tariffs, saying it could drive-up prices and result in job losses.
2024-11-04
Shoplifting levels 'unacceptable', inquiry finds
Nov 4, 2024, 7:39 PM
Cases are underreported and "immediate action" is needed to tackle the crisis, a Lords review finds.
2024-10-17
Retail sales show solid increase in September
Oct 17, 2024, 10:46 AM
Retail sales rose by more than expected in September, with an increase of 0.4% exceeding economists expectations as the consumer showed signs of continued strength.
2024-10-16
Harris and Trump Push Economic Plans to Woo Holdouts
Oct 16, 2024, 8:05 AM
The candidates provided more detail on how they would bolster the economy, with ideas ranging from tariffs to more assistance for Black entrepreneurs.
Why this month's inflation figure matters for you
Oct 16, 2024, 5:12 AM
The rate of rising prices, known as inflation, are a key factor in our own finances, particularly at this time of year.
2024-10-15
Holiday spending projected to hit new record this year
Oct 15, 2024, 2:50 PM
The largest retail trade group in the U.S. expects holiday spending to grow modestly despite a shortened shopping period and economic toll from two hurricanes.
2024-10-07
Trump’s Plans Could Increase U.S. Debt While Raising Costs for Most Americans
Oct 7, 2024, 5:04 AM
A new analysis estimates that the former president’s proposals could grow deficits by as much as $15 trillion over a decade.
2024-10-01
Storch Advisors CEO Gerald Storch discusses the impact of the dockworker strike on retailers and consumers, the demand for a ban on automation, and whether Biden should get involved in the strike.
2024-09-30
Apparel Resale Growth Drives Increased Vintage and Thrift Store Presence
Sep 30, 2024, 5:00 AM
Last year, apparel resale in the United States grew seven times the rate of the broader retail industry. Independent resellers and corporate giants are getting creative to meet the demand.
2024-09-26
Shoppers should brace for rising prices if port workers strike, expert says
Sep 26, 2024, 6:00 AM
Experts warn that consumers will run into issues over the coming months if port workers strike next week. It will limit supplies and boost prices, they say.
2024-09-20
SlateStone Wealth Chief Market Strategist Kenny Polcari provides advice for investors following the Fed rate cut decision and weighs in on former President Trump's proposal for a temporary 10% credit card rate cap.
2024-09-18
Port strikes could have 'devastating' impact to economy, retail trade group says
Sep 18, 2024, 8:59 AM
There are looming port strikes on the East Coast and Gulf of Mexico that could deal a blow to retailers during the most critical time of year: the holiday shopping season.
Storch Advisors CEO Gerald Storch discusses the state of the American consumer ahead of the holidays on 'Varney & Co.'
2024-09-17
Commentary: Trump’s tariffs would be worse than Biden’s inflation
Sep 17, 2024, 5:12 PM
Voters almost never support candidates who promise to raise their taxes. Yet that's exactly what Donald Trump says he'll do.
2024-09-16
Fox News contributor Liz Peek discusses the inflation Americans continue to battle in the Biden-Harris economy on 'The Evening Edit.'
2024-09-05
Job Hunting Is a Challenge for Recent College Grads
Sep 5, 2024, 5:07 AM
Unemployment is still low, but job seekers are competing for fewer openings, and hiring is sluggish. That’s a big turnaround from recent years.
2024-08-29
'I stole to order' says prolific ex-shoplifter
Aug 29, 2024, 2:39 AM
Police have been urged to crack down on the practice, which retailers say is an increasing trend.