Tag: consumer spending
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...
Higher gas and rents keep U.S. inflation elevated, likely delaying Fed...
WASHINGTON (AP) – Consumer inflation remained persistently high last month, boosted by gas, rents, auto insurance and other items, the government said Wednesday in...
U.S. consumer sentiment ticks down slightly, but most expect inflation to...
WASHINGTON (AP) – Consumers became slightly less optimistic about the economy this month, though they continue to expect inflation to cool further, a potential sign...
U.S. inflation up again in February in latest sign that price...
WASHINGTON (AP) – Consumer prices in the United States picked up last month, a sign that inflation remains a persistent challenge for the Federal...
Consumer confidence slips in February as anxiety over potential recession reappears
American consumers are feeling less confident this month as concerns over a possible recession grew despite the most recent data pointing to a healthy...
Macy’s to close 150 stores over 3 years as sales slip
NEW YORK (AP) – Macy's will close 150 stores over the next three years and 50 by the end of 2024, the department store...
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...
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