Tag: consumer spending
U.S. economic growth for last quarter is revised up to a...
WASHINGTON (AP) – The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government...
Powell: Federal Reserve more confident inflation is slowing to its target
WASHINGTON (AP) – Chairman Jerome Powell said Monday that the Federal Reserve is becoming more convinced that inflation is headed back to its 2%...
U.S. inflation cools again, potentially paving way for Fed to cut...
WASHINGTON (AP) – Inflation in the United States cooled in June for a third straight month, a sign that the worst price spike in...
Federal Reserve minutes: Inflation is cooling, but more evidence is needed...
WASHINGTON (AP) – Federal Reserve officials at their most recent meeting welcomed recent signs that inflation is slowing and highlighted data suggesting that the job market...
U.S. job openings rise to 8.1M despite higher interest rates
WASHINGTON (AP) – U.S. job openings rose slightly to 8.1 million in May despite the impact of higher interest rates intended to cool...
Federal Reserve’s preferred inflation gauge shows price pressures easing further
WASHINGTON (AP) – A measure of prices that is closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are...
Consumer confidence in U.S. falls in June as Americans fret about...
American consumers lost some confidence in June as expectations over the near-term future fell again.
The Conference Board, a business research group, said Tuesday that...
U.S. economy grew just 1.3% January through March, but consumers kept...
WASHINGTON (AP) – The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the government said Thursday in a downgrade...
Retail sales up a strong 0.7% in March from February, underscoring...
NEW YORK (AP) – Americans increased their spending pace in March at a better-than-expected pace than the previous month, underscoring how shoppers remain resilient...
Federal Reserve minutes: Some officials highlight worsening inflation last month
WASHINGTON (AP) – Some Federal Reserve policymakers argued at their most recent meeting in March that inflation was likely worsening, even before the government...
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