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U.S. retail sales slowdown sparks new fears ahead of Fed decision

U.S. retail sales weaken, raising concerns about consumer spending and economic resilience ahead of the holiday season.

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U.S. retail sales weaken, raising concerns about consumer spending and economic resilience ahead of the holiday season.


Retail sales in the U.S. have unexpectedly weakened, raising new questions about consumer strength and the resilience of the economy. As Americans pull back on spending, analysts are watching closely to see whether this signals a broader shift toward caution in the lead-up to the holiday shopping period.

The slowdown has amplified uncertainty around the Federal Reserve’s next move on interest rates, as policymakers weigh mixed economic signals against cooling demand. With some categories falling sharply, economists warn that faltering retail activity could ripple into GDP forecasts and overall market confidence.

Brad Gastwirth from Circular Technologies joins us to break down which categories were hit hardest, why shoppers are becoming more value-conscious, and what this means for the economy heading into 2025.

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#RetailSales #USEconomy #FederalReserve #ConsumerSpending #EconomicOutlook #MarketUpdate #InterestRates #TickerNews


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Angus Taylor hints at Liberal leadership challenge amid party tensions

Angus Taylor hints at challenging Sussan Ley for Liberal leadership as Andrew Hastie’s supporters anticipate a potential spill.

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Angus Taylor hints at challenging Sussan Ley for Liberal leadership as Andrew Hastie’s supporters anticipate a potential spill.

Angus Taylor has not ruled out a bid to challenge Sussan Ley for the leadership of the Liberal Party. His supporters say he is gaining traction among moderates as Ley’s support shows signs of waning. Taylor emphasises his focus on protecting Australian values, leaving open the door for a leadership contest.

At the same time, backers of Andrew Hastie are predicting a leadership spill could be imminent. Sources indicate ongoing discussions between Taylor and Hastie about their positions within the party, adding fuel to speculation about potential changes at the top.

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#AngusTaylor #SussanLey #LiberalParty


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Trump and Walz discuss federal agents as Minneapolis tensions rise

Trump and Walz discuss reducing federal immigration agents in Minneapolis amid hearings over nurse Pretti’s fatal shooting.

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Trump and Walz discuss reducing federal immigration agents in Minneapolis amid hearings over nurse Pretti’s fatal shooting.


President Trump called Minnesota Governor Tim Walz and described their discussion as productive with an agreement to consider reducing the number of federal immigration agents in Minneapolis if there is more cooperation from local authorities.

Federal hearings are now underway amid tensions after the fatal shooting of ICU nurse Alex Pretti by federal immigration officers in the city.

#Minneapolis #ICEEnforcement #AlexPretti


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Arrest made following heated speech at Sydney rally

Man detained after open mic address sparks boos; charged with public threats or inciting violence against a group.

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Man detained after open mic address sparks boos; charged with public threats or inciting violence against a group.


Police detained a man after an open mic address drew boos from the crowd.

He has been charged with publicly threatening or inciting violence against a group.


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