The Conference Board Consumer Confidence Index® rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision). The Present Situation Index—based on consumers' assessment of current ...
It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
The consumer price index (CPI) last month rose 2.24 percent from a year earlier, accelerating from a revised 1.94 percent ...
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 ...
The US economy grew at a slower pace in the first quarter than initially reported, primarily reflecting softer consumer ...
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
US labour market expands faster, pay up strongly; US consumer debt levels modest, net worth high; Canada goes part-time; ...
US consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the ...
Klarna was founded in 2005 and was regularly profitable until 2019, when it decided it would accept some credit losses in order to pursue US expansion. Its consumer losses had fallen by 32 per cent to ...
US Q1 2024 economic growth was upwardly revised to 1.7% with higher inflation, while jobless claims rose to 220,000, slightly ...
EUR/USD jumps to 1.0880 in Friday’s New York session. The major currency pair strengthens on hot annual preliminary Eurozone ...
Asian stocks were mixed, with oil prices up and the dollar near an eight-week low. All eyes were on the US non-farm payrolls ...