The Conference Board Consumer Confidence Index rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision).
The index measures both Americans’ assessment of current economic conditions and their outlook for the next six months.
It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
NEW YORK: US consumer sentiment fell for a fourth straight month in November and households’ expectations for inflation rose again, with their medium-term outlook for price pressures shooting to ...
(Reuters) -Spotify raised prices for its premium plans in the United States on Monday, the latest step by the Swedish ...
On Tuesday, the euro (EUR) rose by 0.22% following European Central Bank (ECB) official Isabel Schnabel's hawkish speech. However, the pair lost its gains after the release of a better-than-expected ...
US consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the ...
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
The University of Michigan's Consumer Sentiment Index edged past expectations with a print of 69.1, falling 8.1 points ...
Both people and economists — and I might point out that there is 100 percent overlap between these two groups — agree on what inflation is. The confusing part has to do with timing. According to ...
Gold prices edged lower on Wednesday as the U.S. dollar and Treasury yields held firm ahead of key inflation data, which could offer more clarity on the Federal Reserve's interest rate trajectory. Spo ...
Spotify raises US prices of its premium plans in margin push. Spotify has been trying to boost its margins in recent months ...