The Conference Board Consumer Confidence Index rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision).
The consumer price index rose 0.2% in December instead of 0.3% as reported last month, the revisions of the CPI data published by the Labour Department’s Bureau of Labour Statistics (BLS) showed.
The index measures both Americans’ assessment of current economic conditions and their outlook for the next six months.
Consumer spending, which accounts for more than two-thirds of US economic activity, increased by 0.2pc in April after a ...
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 consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the ...
Spotify raises US prices of its premium plans in margin push. Spotify has been trying to boost its margins in recent months ...
The company raised prices of its individual plan to $11.99 from $10.99 per month. Read more at straitstimes.com.
Top bosses of the largest US firms earned on average 200 times more than their employees last year, according to research ...
The University of Michigan's Consumer Sentiment Index edged past expectations with a print of 69.1, falling 8.1 points ...
Spotify raised prices for its premium plans in the United States on Monday, the latest step by the Swedish music-streaming ...
Gold prices edged lower on Wednesday as the U.S. dollar and Treasury yields held firm ahead of key inflation data, which ...