The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
The Conference Board Consumer Confidence Index rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision).
It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
The US economy grew at a slower pace in the first quarter than initially reported, primarily reflecting softer consumer spending on goods.
Consumer confidence in the U.S. rose in May following three straight months of declines, but Americans remain anxious about ...
U.S. inflation tracked sideways in April, a worrying sign for the U.S. central bank that suggests the elevated pace of price ...
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 and European stock markets mostly rose Friday as investors digested fresh inflation data that could set the tone for ...
The US economy grew less than initially estimated in the first quarter of this year, the government reported Thursday, due to ...
The Aussie dollar was down 0.47% at $0.6618, even after Australian consumer price inflation unexpectedly rose to a five-month ...
US consumer sentiment rose; perceptions of inflation stay elevated; markets twist their view of UST auctions; Canadian PPI up; milk powder prices mixed; UST 10yr 4.54%; gold and oil up; NZ$1 = 61.5 ...
Asian markets traded higher, while the US stock indices ended lower overnight weighed down by selling in technology stocks.