The consumer price index rose 0.2% in December instead of 0.3% as reported last month, the revisions of the CPI data published by the Labour Department’s Bureau of Labour Statistics (BLS) showed.
The US economy grew at a slower pace in the first quarter than initially reported, primarily reflecting softer consumer spending on goods.
Consumer spending, which accounts for more than two-thirds of US economic activity, increased by 0.2pc in April after a ...
While consumer spending did increase, it was at a slower pace than previously estimated. The Commerce Department had ...
Overall outlooks grew more pessimistic amid reports of rising uncertainty, greater downside risks, says report - Anadolu ...
US consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the ...
Spotify is hiking its prices for the second time in a year. The music streaming giant announced Monday that the cost of its ...
US and European stock markets mostly rose Friday as investors digested fresh inflation data that could set the tone for ...
The US dollar index (DXY) has staged a strong comeback as investors positioned themselves for a higher-for-longer environment ...
US Q1 2024 economic growth was upwardly revised to 1.7% with higher inflation, while jobless claims rose to 220,000, slightly ...
Gasoline Prices latest news, photos, videos, breaking news, special reports, blogs, and updates from Business Insider India ...
European shares climbed on Friday after softer U.S. inflation data spurred hopes of interest rates cuts by the Federal ...