WASHINGTON, May 15 (Reuters) - U.S. retail sales were unexpectedly flat in April as higher gasoline prices pulled spending away from other goods, indicating that consumer spending was losing momentum.
Retail sales were weaker than expected in April, furthering concerns about the state of the consumer amid sticky inflation and ...
Taylor Tompkins has worked for more than a decade as a journalist covering business, finance, and the economy. She has logged thousands of hours interviewing experts, analyzing data, and writing ...
WASHINGTON (Reuters) - U.S. consumer prices increased less than expected in April, suggesting that inflation resumed its downward trend at the start of the second quarter in a boost to financial ...
Economists had predicted that GDP would be flat in April, held down by weaker-than-usual retail sales over the Easter period.
In a boost to financial market expectations for a September interest rate cut, US consumer prices increased less than expected in ...
WASHINGTON, May 15 (Reuters) - U.S. retail sales were unexpectedly flat in April as higher gasoline prices pulled spending away ...