Tag: Consumers
U.S. inflation reaches a 3-year low as Federal Reserve prepares to...
WASHINGTON (AP) – The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for...
Big Lots files for Chapter 11 bankruptcy protection, plans to sell...
Discount retailer Big Lots has filed for Chapter 11 bankruptcy protection, as it contends with a pullback in consumer spending and soft sales.
The Columbus,...
Who is most to blame for stubbornly high prices of many...
Inflation is down and job growth is relatively stable across the nation, but prices for many consumer goods, including food and housing, remain elevated.
The...
Bargain chains see spending pullback as higher prices squeeze more Americans
Dollar Tree is slashing its full-year earnings and sales forecasts as its customers continue to struggle with higher prices and spend less.
Shares tumbled more...
U.S. wholesale inflation picked up in June
WASHINGTON (AP) – Wholesale prices in the United States rose by a larger-than-expected 2.6% last month from a year earlier, a sign that some...
R.I., other states tell money transfer company to cease activities
CRANSTON – State bank regulators have ordered a California-based money transfer business to stop activities in Rhode Island, citing the company's "declining financial position."
Thirty-eight...
Retail sales fall 0.8% in January from December
NEW YORK (AP) – Americans took a break from spending in January after the traditional holiday season splurge.
Retail sales fell 0.8% in January from...
Are concerns about inflation and the possibility of a looming recession...
Despite monthslong concerns about inflation and a looming recession, retail sales at restaurants and bars have jumped this summer compared to a year ago.
National...
People are losing more money to scammers than ever before. Here’s...
NEW YORK (AP) – With the help of technology, scammers are tricking Americans out of more money than ever before. But there are steps...
U.S. economic growth last quarter is revised up sharply to a...
WASHINGTON (AP) – Showing surprising resilience in the face of higher interest rates, the U.S. economy grew at a 2% annual pace from January...
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