It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
The Conference Board Consumer Confidence Index rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision).
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 ...
The index measures both Americans’ assessment of current economic conditions and their outlook for the next six months.
Investing.com-- Oil prices steadied Friday, ahead of the release of key U.S. inflation data and the weekend's meeting of top ...
The US economy grew at a slower pace in the first quarter than initially reported, primarily reflecting softer consumer spending on goods.
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 ...
EUROPEAN shares rose on Friday (May 29) after softer US inflation data spurred hopes of interest rate cuts by the Federal ...
The U.S. economy grew at a sluggish 1.3% annual pace from January through March, the government said in a downgrade from its ...
As well as their latest house price data, we’ve also just learned that the UK’s competition authorities have launched a ...
US stocks were mixed in afternoon trading on Tuesday, with techs serving as a bright spot while Wall Street kicked off a ...