Bank of America says the U.S. economy is holding up as consumer spending rises, even as inflation stays near a 3-year high ...
Traders in interest rate futures see 80% odds that the Federal Reserve will raise the federal funds rate by at least a quarter percentage point by the end of this year.
Inflation has become one of the biggest drivers of the stock market over the past four years. Every Consumer Price Index (CPI ...
New research from Bank of America finds that the top 10 percent of earners account for 70 percent of discretionary spending.
Consumer spending rose in April at a seemingly robust rate, but only because of inflation. Americans aren’t getting much bang for their buck these days with gas prices so high. Personal spending ...
WASHINGTON — U.S. consumer spending rose solidly in January and underlying inflation maintained a strong pace of increase, which together with the dragging war in the Middle East strengthened ...
Retail sales rose modestly in June, dragged down by a drop in gas-station receipts that masked strong gains at some merchants ...
The Labor Department reported on Tuesday that consumer prices declined by 0.4% from May to June, marking the largest monthly drop in four years. On a yearly basis, inflation eased to 3.5%, a decrease ...
Gold remained under pressure on Thursday as resilient US consumer spending and a continued rally in oil prices weighed on ...
WASHINGTON, March 13 (Reuters) - U.S. consumer spending increased solidly in January amid higher prices, and the dragging Middle East conflict threatens to add to inflation, bolstering expectations ...
For CX professionals, the real risk here is complacency,” Watermark Consulting’s Jon Picoult said. “If you believe the ...
Americans are spending more than they want on gas and other goods and services because of inflation. But they are still spending. Consumer spending rose in April at a seemingly robust rate, but only ...
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