U.S. Economic Growth Accelerates, Defying Slowdown Expectations
The economy expanded at a 2.4% annual rate in the second quarter, remaining well clear of a recession despite higher...
The economy expanded at a 2.4% annual rate in the second quarter, remaining well clear of a recession despite higher...
Consumer prices and spending rose more slowly in May, but the Federal Reserve likely remains on track to raise interest...
Economists estimate that Americans increased consumer spending last month and that price increases remained elevated. Source link
Retail spending has come back strong, but surveys also showed a surprise contraction in factory activity in April. Source link
Consumer spending increased a seasonally adjusted 0.2% in February, from January’s revised 2% increase, which was the largest one-month gain...
Credit- and debit-card data showed spending lost momentum. Source link
EconomyEconomy Week AheadThe Federal Reserve also slated to release minutes about interest rates Source link
EconomyU.S. EconomyUnderlying inflation cooled to its slowest pace since October 2021. Source link
Inflation is often called a tax on the poor, but this time it’s hit middle-income households the hardest. Many low-income...
Households boosted spending on services while cutting outlays on goods, including autos. The outlook for the holiday-shopping season remains murky....
The warehouse retailer posts a year-over-year increase in membership fees. Source link
EconomyGovernment to release October figures on spending, inflation and income Source link
Americans stepped up their spending and slowed their saving in September as they faced higher prices, especially for services such...
Tuesday The Commerce Department releases August figures on new orders, shipments, unfilled orders and inventories of products meant to last...
TOKYO—Japan’s economy recovered its prepandemic size in the April-June quarter thanks to strong consumer spending and higher exports, but inflation...
Americans are splurging on summer travel and entertainment, putting their money toward experiences outside of the homes where they spent...
The videogame industry is seeing a sharp slowdown in growth as people are going out again after a pandemic-fueled spurt...
Inflation accelerated in June, measured by the Federal Reserve’s preferred gauge, driven by a jump in energy prices as well...
James Duffy used to frequent the coffee shop on weekends to enjoy an Americano and read a book. Then, rising...
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