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.
Alongside its second estimate of GDP, the BEA also publishes data on gross domestic income, its other main measure of ...
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
Stocks staged a mild rebound after the core personal consumption expenditures index came in line with expectations. That ...
Investing.com-- Oil prices steadied Friday, ahead of the release of key U.S. inflation data and the weekend's meeting of top ...
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 index measures both Americans’ assessment of current economic conditions and their outlook for the next six months.
The average house price increased to £264,249 in May, according to the building society - and it said the upcoming election is not set to impact the housing market.
The S&P 500 Index ( $SPX) ( SPY) today is down -0.50%, the Dow Jones Industrials Index ( $DOWI ) ( DIA) is up +0.13%, and the Nasdaq 100 Index ( $IUXX) ( QQQ) is down -1.36%.
Rolling coverage of the latest economic and financial news. 09:00 Last night, Saudi Arabia announced plans to ...
A surprise jump in US consumer confidence and weak demand for US Treasuries at the 2 and 5-year auctions drove up US rates, ...