Tag: U.S. consumer spending
U.S. retail sales fall 1% amid high inflation, rising rates
WASHINGTON (AP) – Americans cut their spending at retail stores and restaurants in March for the second straight month, a sign consumers are becoming...
Retail sales jump as Americans defy inflation and rate hikes
WASHINGTON (AP) – America's consumers rebounded last month from a weak holiday shopping season by boosting their spending at stores and restaurants at the...
Fed raises key rate by half-point and signals more to come
WASHINGTON (AP) – The Federal Reserve reinforced its inflation fight Wednesday by raising its key interest rate for the seventh time this year and...
Retail sales flat in September as inflation takes a bite
NEW YORK (AP) – The pace of sales at U.S. retailers was unchanged in September from August as rising prices for rent and food...
U.S. economy drops at 0.6% annual rate from April through June
WASHINGTON (AP) — Battered by surging consumer prices and rising interest rates, the U.S. economy shrank at a 0.6% annual rate from April through...
- Featured Event -
