Tag: Commerce Department
Fed’s favored inflation gauge accelerates slightly in August
WASHINGTON (AP) – The Federal Reserve’s favored inflation gauge accelerated slightly in August from a year earlier.
The Commerce Department reported Friday that its personal...
Retail sales up 0.6% in August from July even as tariffs...
NEW YORK (AP) – Shoppers increased their spending at a better-than-expected pace in August from July, helped by back-to-school shopping, even as President Donald...
Key U.S. inflation gauge holds mostly steady though core inflation ticks...
WASHINGTON (AP) – The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of...
U.S. economy grew stronger in second quarter than initially thought
WASHINGTON (AP) – The U.S. economy rebounded this spring from a first-quarter downturn due to fallout from President Donald Trump’s trade wars.
In an upgrade from its first...
Retail sales rise a solid 0.5% in July as shoppers appear...
NEW YORK (AP) – Shoppers spent at a healthy pace in July, particularly at the nation’s auto dealerships, as they shrug off President Donald...
U.S. economy rebounds a surprisingly strong 3% in the second quarter
WASHINGTON (AP) – The U.S. economy expanded at a surprising 3% annual pace from April through June, bouncing back at least temporarily from a...
Retail sales up a surprising 0.6% in June after a May...
WASHINGTON (AP) – After an earlier pullback, consumers picked up their spending in June despite anxiety over tariffs and the state of the U.S. economy.
Retail sales rose...
Key inflation gauge rose last month while Americans cut back on...
WASHINGTON (AP) – A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans also cut...
U.S. economy shrank 0.5% between January and March
WASHINGTON (AP) – The U.S. economy shrank at a 0.5% annual pace from January through March as President Donald Trump's trade wars disrupted business, the Commerce...
U.S. retail sales slide after a spring spending surge to beat...
WASHINGTON (AP) – Retail sales fell sharply in May as consumers pulled back after a sharp increase in spending in March to get ahead of President...
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