Spending fell 0.2% for the month. Adjusted for inflation, it sank 0.5%. Those are the biggest monthly declines since February 2021.
Americans cut their spending by 0.2% in January from the previous month, the Commerce Department said Friday, likely in part ...
A rebound for Nvidia following its sharp drop the day before helped steady the market, and the majority of stocks rose.
Inflation decelerated but people are spending less and saving more as prices keep rising and wage growth slows. It’s worrying ...
A large majority of Americans say their incomes aren't keeping pace with inflation. Here's what the numbers say.
The decline in the personal consumption expenditures index from 2.6% the month before was in line with expectations.
The Federal Reserve won’t cut interest rates again until it's convinced the rate of inflation has resumed slowing. Even a decline in the yearly inflation rate in January is not enough to persuade them ...
Bond yields surged as President Donald Trump entered the Oval Office amid fears his economic agenda would prove inflationary.
US stocks seesawed Friday, but all three major indexes closed the month in the red — a sign of increasing unease in markets.
Just over a month into President Donald Trump's presidency, his geopolitical gambits have unleashed a wave of commentary about the known unknowns, particularly the effects of his trade war on ...
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