State Street Consumer Discretio News - May 13, 2026
NRF Reports April Retail Sales Growth, Defying Inflation for Seventh Month
The National Retail Federation (NRF) reported that U.S. retail sales increased in April. This marks the seventh consecutive month of growth despite persistent...
NRF reports seventh month of retail growth, fueled by wage gains
The National Retail Federation reported that retail sales rose for the seventh consecutive month in April. Total sales excluding auto dealers and gas stations...
Congress moves to ban Chinese vehicles, citing national security risks
US lawmakers introduced the bipartisan Connected Vehicle Security Act to prohibit the importation, manufacturing, and sale of Chinese vehicles. The legislation...
US Lawmakers Propose Ban on Chinese Vehicles, Citing National Security Risks
U.S. lawmakers introduced the bipartisan Connected Vehicle Security Act to prohibit the importation, manufacturing, and sale of Chinese vehicles. The...
Alibaba Beats Q1 Estimates, Fueled by Rebounding Chinese Consumer Spending
Alibaba reported first-quarter revenue of $32 billion. This figure represents an 8% year-over-year increase and surpassed analyst expectations. A recovery in...