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 report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
Alongside its second estimate of GDP, the BEA also publishes data on gross domestic income, its other main measure of ...
Stocks rebounded on Friday morning after the core personal consumption expenditures index met expectations, keeping rate cuts ...
Investing.com-- Oil prices steadied Friday, ahead of the release of key U.S. inflation data and the weekend's meeting of top ...
The average house price increased to £264,249 in May, according to the building society - and it said the upcoming election ...
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 ...
Prices are dropping for thousands of items at Target and Walmart, as US retailers' results indicate fatigue among some ...
The rest of the PCE data matched expectations, but the decline in the core readings of the index suggests that inflation might ease faster than previously thought in the United States, increasing the ...
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, ...