Retail Sales Inch Up 0.1% in April, Higher Than Expected

Published on May 15, 2025

The Census Bureau's Advance Retail Sales Report for April showed consumer spending inched up last month, with head sales rising 0.1%. This comes on the heels of March's 1.7% surge in spending and was higher than the 0.0% forecast.

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Philadelphia Fed Manufacturing Index: Activity Remained Weak in May

May 15, 2025
The latest Philadelphia Fed manufacturing index showed weak activity this month. The index rose nearly 22 points but remained negative for a second straight month at -4.0. The latest reading was better than the forecast of -11.3.

FINRA: Strong Governance Key For Firms' AI Success

May 15, 2025
During the agency’s annual conference in Washington, D.C., FINRA staff released data showing that registrants primarily used generative AI tools to summarize and answer questions.