US Redbook YoY (Jan/24) Y/Y 7.1% (Prev. 5.5%)
The latest US Redbook year-over-year growth of 7.1% marks a significant uptick from the previous 5.5%.
General Motors (GM) expects moves to bring factory work to US and supply chains shifts to hurt bottom line by USD 1-1.5bln in 2026
UPS (UPS) expected to cut 30k jobs in 2026 and identified 24 buildings for closure in H1 - conference call
US Redbook YoY (Jan/24) Y/Y 7.1% (Prev. 5.5%)
Daily US Equity Opening News - US govt to propose flat Medicare insurer rates; MU plans USD 24bln Singapore plant
General Motors (GM) CFO announces that they are expecting an investment of up to USD 5bln to expand US manufacturing capacity for some high demand vehicles and reduce tariff exposure
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This acceleration in retail sales could indicate stronger consumer spending momentum, which may have implications for overall economic growth and inflation expectations, thus influencing Federal Reserve policy discussions.
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