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Retail, PMIs and a timely tantrum anniversary: World market themes for the week ahead

Retail, PMIs and a timely tantrum anniversary: World market themes for the week ahead
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U.S. Consumer Sentiment Unexpectedly Deteriorates In May

WASHINGTON (dpa-AFX) - Consumer sentiment in the U.S. has unexpectedly decreased in the month of May, according to preliminary data released by the University of Michigan on Friday.The report showed ....

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US consumer prices post largest gain since 2009 as inflation ramps up

US consumer prices post largest gain since 2009 as inflation ramps up ....

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Jump in Consumer Prices Raises Stakes in Inflation Debate

Consumer prices jumped at the fastest pace in more than a decade in April, surprising economists and intensifying a debate on Wall Street and in Washington over whether inflation might reach levels that would squeeze households and ultimately undermine the recovery.
Economists and central bank officials said the numbers reflected pandemic-driven trends that would most likely prove temporary. But investors and politicians are worried that prices will keep climbing potentially pressuring the Federal Reserve to lift interest rates sharply. That could slow economic growth and send stock prices plummeting. On Wednesday, stocks slumped more than 2 percent, their biggest decline since late February, after the government reported in the morning that the closely monitored Consumer Price Index climbed 4.2 percent in April from a year earlier, its fastest pace since 2008. ....

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Portillo's new Orlando location set to finally open in June

Portillo’s new Orlando location set to finally open in June
Restaurant hiring all positions
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After several opening day delays, it looks like Portillo’s is almost ready to open in Orlando.
The Chicago-style restaurant announced Thursday that its new grand opening date is scheduled for June 15 at 10:30 a.m. after a ribbon-cutting ceremony that starts 30 minutes earlier.
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Fans of Portillo’s have been patiently waiting to indulge in the restaurants Chicago-style hot dogs, Italian beef sandwiches, burgers and famous chocolate cake.
The 7,800-square-foot restaurant will have two drive-thru lanes and two covered outdoor patios, officials said. The restaurants theme inside is that of a diner with “an ode to rock ‘n roll with an electric guitar ceiling installation.” ....

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