How will EU respond to US tariffs on German cars?
Why is Amazon's top AI executive leaving?
How did Trump gain veto power over US Steel?
What impact will Bumble's layoffs have on the dating market?
Why did Tesla's Robotaxi service face safety concerns?
How is Fed’s stance affecting stock market and dollar?
What does Mamdani’s NYC mayoral win mean politically?
AI Panic Feels Like 2008 Global Financial Crisis All Over Again, Shapiro Says As Retail Sales Plunge 4%
benzinga.com/markets/economic-data/25/06/46115112/ai-panic-feels-like-2008-global-financial-crisis-all-over-again-shapiro-says-as-retail-sale
Retail spending on non-essential goods in the U.S. has slumped by 4% in early 2025, a stark reminder of the 2008 financial crisis, according to economist Craig Shapiro.
What Happened: The macro strategist at Bear Traps Report, Shapiro, links this downturn to growing consumer panic over…
This story appeared on benzinga.com, 2025-06-26 13:16:10.