The Conference Board Consumer Confidence Index rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision).
Consumer confidence in the U.S. rose in May after three straight months of declines, though Americans are still anxious about ...
It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
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 Fed has raised borrowing costs by 525 basis points since March 2022 in a bid to cool demand across the economy. Financial ...
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 report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
The company raised prices of its individual plan to $11.99 from $10.99 per month. Read more at straitstimes.com.
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Credit losses at buy now, pay later group Klarna rose in the first quarter as it pursues its aggressive US ...
The University of Michigan's Consumer Sentiment Index edged past expectations with a print of 69.1, falling 8.1 points ...
Gold prices edged lower on Wednesday as the U.S. dollar and Treasury yields held firm ahead of key inflation data, which ...