Tag: Oren Klachkin
U.S. consumer sentiment drops to 6-month low on inflation, unemployment fears
WASHINGTON (AP) – U.S. consumer sentiment fell sharply in May to the lowest level in six months as Americans cited stubbornly high inflation and...
Americans bump up spending in June as inflation eases in a...
NEW YORK (AP) – Americans increased their spending last month as inflation eased in many areas, and the job market remained remarkably strong.
Retail sales...
U.S. revises down last quarter’s economic growth to 2.6% rate
WASHINGTON (AP) – The U.S. economy maintained its resilience from October through December despite rising interest rates, growing at a 2.6% annual pace, the...