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 ...
US equities reversed ... While indices rose, the 10-year Treasury yield fell over four basis points. As forecast, core PCE ...
The average house price increased to £264,249 in May, according to the building society - and it said the upcoming election ...
Investing.com-- Oil prices steadied Friday, ahead of the release of key U.S. inflation data and the weekend's meeting of top ...
Prices are dropping for thousands of items at Target and Walmart, as US retailers' results indicate fatigue among some ...
Meanwhile, April US personal spending rose +0.2% m/m, down from March’s revised +0.7% (preliminary +0.8% ... leading to hopes for a slow improvement in inflation as the year progresses. T-note prices ...
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, ...