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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...
NORTHEAST CPI rose 2.1 percent in April year over year, largely driven by a rise in gasoline prices, piped utility gas prices and energy prices. / BLOOMBERG FILE PHOTO/VINCENT MUNDY

Northeast CPI rises 2.1% for year in April

PROVIDENCE – The Consumer Price Index in the Northeast United States increased 2.1 percent year over year, according to the U.S. Bureau of Labor...
INCLUDING ALL ITEMS, the U.S. CPI was down 0.1 percent from February on a drop in gasoline costs, with the index up 2.4 percent from a year earlier, also the most in a year. / BLOOMBERG

U.S. core inflation accelerates as mobile-phone drag fades

NEW YORK - A key measure of U.S. inflation accelerated to the highest in a year as a drag from mobile-phone costs faded, bearing out...

U.S. unemployment headed below 3% unless Fed acts to slow growth

WASHINGTON – U.S. unemployment is primed to fall significantly further and could drop below 3 percent for the first time since 1953, the year...
U.S. CONSUMER PRICES increased 0.2 percent in February from January, keeping the economy on the Federal Reserve's preferred inflation path. / BLOOMBERG FILE PHOTO/MICHAEL NAGLE

U.S. inflation firmed in February without outsize acceleration

WASHINGTON – U.S. consumer prices continued to firm in February, indicating inflation is creeping up toward the Federal Reserve’s target without the kind of breakout...
CONSTRUCTION EMPLOYMENT ROSE BY 61,000 jobs year over year, including work such as is happening here, where workers finish construction on the gaming floor of the Resorts World Catskills casino, hotel and entertainment complex, operated by Empire Resorts Inc. in Monticello, N.Y., in January. / BLOOMBERG NEWS FILE PHOTO/VICTOR J. BLUE

U.S. added 313,000 jobs in February; wage gains slow to 2.6%

WASHINGTON – U.S. employers added the most workers since mid-2016 as labor-force participation swelled, while below-forecast wages and a downward revision to January’s figure suggest...

U.S. stocks sink most since 2011 as rout deepens

NEW YORK – U.S. stocks plunged the most in 6 1/2 years, with the Dow Jones Industrial Average sinking more than 1,100 points, as the...
REPORTS OF SLOW INFLATION HAVE the market worried that expected additional rate hikes may not happen this year. A rate hike is still expected to be announced on Wednesday. / BLOOMBERG FILE PHOTO/BRENDAN SMIALOWSKI

Traders’ Fed roadmap is upended as inflation miss rocks markets

NEW YORK - While bond and currency traders still see a  Federal Reserve rate hike Wednesday as all but baked in, the latest disappointing...

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