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Recession bigger threat than inflation

Any move by the Federal Reserve is the subject of concern and debate, as it should be. President Donald Trump has gotten involved in...
CONSUMER PURCHASES rose 0.6 percent in October after a downwardly revised 0.2 percent advance, according to Commerce Department data. / BLOOMBERG NEWS FILE PHOTO/VICTOR J. BLUE

U.S. consumer spending picks up; Inflation below forecast

NEW YORK - Americans’ spending rose by more than forecast in October, giving the biggest part of the economy a solid start to the quarter,...
THE NORTHEAST CPI rose 1.7 percent year over year in December. Among the products that saw significant increases was piped utility gas, which rose in price 4.7 percent over the year. By comparison, motor fuel in the Northeast declined 0.5 percent in price over the year. / BLOOMBERG NEWS FILE PHOTO/VINCENT MUNDY

Northeast CPI rises 2.3% in October

PROVIDENCE – The Northeast consumer price index increased 2.3 percent year over year, 0.2 percentage points lower than the average U.S. city growth, according...

What’s wrong with the 2% inflation target?

In 1996, Federal Reserve Chairman Alan Greenspan had an exchange with Janet Yellen, then a member of the Fed’s Board of Governors, that presaged...
U.S. CONSUMER SPENDING rose at its slowest pace in six months in August, while inflation remained muted, although this New Orleans ice cream shop seemed to be doing well in June. / BLOOMBERG NEWS FILE PHOTO/AKASHA RABUT

U.S. consumer spending cools; inflation stays near Fed goal

WASHINGTON – U.S. consumer spending rose in August at the slowest pace in six months, moderating from more robust readings on the biggest part of...
UNITED STATES purchases, which account for about 70 percent of the economy, rose 0.4 percent from the prior month for the second straight time, while incomes advanced 0.3 percent, less than projected. / BLOOMBERG NEWS

U.S. consumer spending, inflation rose in July; Incomes cooled

NEW YORK - United States consumer spending extended gains into July and inflation rose to a six-year high, reflecting economic strength that should keep...
THE CONSUMER PRICE Index for the Northeast region of the U.S. increased 2.7 percent year over year in July, compared with a 2.9 percent increase in the average U.S. city. / BLOOMBERG NEWS FILE PHOTO/LUKE SHARRETT

Northeast CPI increases 2.7% in July

PROVIDENCE – The Consumer Price Index in the Northeast region increased 2.7 percent year over year in July, compared with 2.9 percent nationally, according...
AMERICAN CONSUMER SPENDING increased for a fourth consecutive month in June, accompanied by a continued increase in inflation, according to the Commerce Department. / BLOOMBERG FILE PHOTO/VICTOR J. BLUE

U.S. consumer spending stayed solid in June

WASHINGTON – U.S. consumer spending posted a fourth consecutive solid advance in June, fueled by steady income growth and underscoring strength in the biggest...
NORTHEAST CPI increased 2.6 percent year over year in June, 0.3 percentage points slower than the U.S. city average in that time. / BLOOMBERG FILE PHOTO/BRENT LEWIN

Northeast CPI increases 2.6% over year through June

PROVIDENCE – The Northeast Consumer Price Index increased 2.6 percent year over year in June, according to the Bureau of Labor Statistics Thursday. The United...
DESPITE ONGOING INTERNAITONAL RELATIONS CHALLENGES, including the escalating trade war between China and the United States, the U.S. equities markets posted significant gains Monday, as earnings season prepares to get underway. / BLOOMBERG NEWS FILE PHOTO/MICHAEL NAGLE

U.S. stocks rally as dollar gains, treasuries slip

NEW YORK – U.S. equities rose to their highest level in almost a month as investors set aside concern about escalating trade tensions and rising...
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