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 ...
The US Federal Reserve’s favored measure of inflation remained unchanged in April, according to government data published ...
Alongside its second estimate of GDP, the BEA also publishes data on gross domestic income, its other main measure of ...
Consumer confidence in the U.S. rose in May following three straight months of declines, but Americans remain anxious about ...
EUROPEAN shares rose on Friday (May 29) after softer US inflation data spurred hopes of interest rate cuts by the Federal ...
The US economy grew at a slower pace in the first quarter than initially reported, primarily reflecting softer consumer spending on goods.
WASHINGTON: US monthly consumer prices rose less than initially thought in December, but the overall inflation revisions were mixed, and did not shift expectations on the timing of an anticipated ...
Prices are dropping for thousands of items at Target and Walmart, as US retailers' results indicate fatigue among some ...
The average house price increased to £264,249 in May, according to the building society - and it said the upcoming election ...
US stocks rallied into the close on Friday with the Dow and S&P 500 rising strongly after economic data showed a moderation in consumer spending growth and the slowest monthly gain in prices so far ...