Sunday, February 25, 2024

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American consumers feeling more confident than they have in two years

American consumers, fresh off strong holiday spending, are feeling more confident than they have in two years. The Conference Board, a business research group, said...

Inflation slowed further in December as an economic ‘soft landing’ moves...

WASHINGTON (AP) – The Federal Reserve's preferred inflation gauge cooled further last month even as the economy kept growing briskly, a trend sure to...

U.S. economy grew at strong 3.3% pace last quarter, pointing to...

WASHINGTON (AP) – The nation's economy grew at an unexpectedly brisk 3.3% annual pace from October through December as Americans showed a continued willingness...

Retail sales rose 0.6% in December as a strong job market...

NEW YORK (AP) – Americans stepped up their spending even more than expected in December, closing out the holiday season and the year on...

Overspent in December? Here’s how to battle the January blues 

The first workday in January after the holidays hits a little bit differently: The parties are over, debt payments are soon due and it...

Retail sales up 0.3% in November, showing how Americans continue to...

NEW YORK (AP) – Americans picked up their spending from October to November as the unofficial holiday season kicked off, underscoring that shoppers still...

Federal Reserve’s preferred inflation gauge shows price pressures continuing to cool

WASHINGTON (AP) – The Federal Reserve's preferred inflation measure cooled last month, the latest sign that price pressures are waning in the face of...

U.S. economic growth for last quarter is revised up to a...

WASHINGTON (AP) – Shrugging off higher interest rates, America's consumers spent enough to help drive the economy to a brisk 5.2% annual pace from...

Cyber Monday marks the year’s biggest online shopping day

Consumers are scouring the internet for online deals as they begin to cap off the five-day post-Thanksgiving shopping bonanza with Cyber Monday.  Even though e-commerce...

Retailers offer big deals for Black Friday but will shoppers spend? 

NEW YORK (AP) – Stores stepped up discounts and other enticements on Black Friday to entice shoppers holding out for the best deals. But retailers...
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