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American and United are revamping their international business class

The personal consumption expenditures price index was expected to show a 2.2% annual rate in April.

Major beer brands like Guinness, Budweiser and Heineken have rolled out non-alcoholic alternatives over the last five years.

Tariffs on automobiles, steel and aluminum would cost households nearly $1,000 this year, on average, even if country-specific duties are blocked in court.

After a surprising earnings miss last time around, Costco delivered on Thursday night.

The “Mad Money” host said the uncertain legal fight over Trump’s tariffs could eventually deliver a positive outcome for the market.

• Priot month 2.6%
• Core PCE MoM 0.1% versus 0.1% estimate. Prior month revise to 0.1% from 0.0%
• Core PCE YoY 2.5% versus 2.5% estimate. Prior month revised up to 2.7% from 2.6%.
• PCE MoM 0.1% versus 0.1% estimate. Prior month 0.0%

This article was written by Greg Michalowski at www.forexlive.com.

The U.S. and China in mid-May agreed to a 90-day suspension on most tariffs after Trump slapped sky-high tariffs on the big U.S. trade partner.

• Prior quarter 2.6%
• GDP MoM March x.x% vs 0.1% estimate
• GDP QQ for Q1 x.x% vs 0.6% last.
• GDP QQ annualized x.x% vs 1.7% est.
• GDP Implicit pric QQ for Q1 x.x% vs 0.9% last
• GDP YoY Q1 x.x% vs 2.36%
• GDP MoM Mar

This article was written by Greg Michalowski at www.forexlive.com.

• Prior month -0.2%
• GDP Q/Q +0.5% vs 0.5% prior
• Goods producing industries xx% versus -0.6% last month
• Services producing industries xx% versus -0.1% last month
• Advanced estimate for the month of April +0.1%

Exports of goods drove the growth in the first quarter of 2025, followed
by accumulations of business non-farm inventories. Higher imports and
weak residential structure resale activity tempered overall growth in
the first quarter.

This article was written by Giuseppe Dellamotta at www.forexlive.com.