Inflation is easing, but another alarm bell is ringing about the US economy
Spending fell 0.2% for the month. Adjusted for inflation, it sank 0.5%. Those are the biggest monthly declines since February 2021.
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US inflation slows, but Fed's wary of spending slump
Inflation in the US went down slightly in January, but people spent less money than expected, making it harder for the ...
US inflation has increased since Trump took office – why prices are unlikely to come down soon
Realistically, Trump was never going to bring down prices for US consumers. To do that would be deflationary, and economists ...
Here’s where the Fed’s preferred inflation reading landed in January
Inflation dropped slightly in January but consumer spending, the primary driver of the U.S. economy, also saw its biggest decline in four years.
US stocks gain, as oil prices head toward monthly decline
Wall Street indexes advanced on Friday, after briefly falling under pressure from a contentious White House meeting with ...
US consumers cut spending in January more drastically than at any point in the last four years
Americans cut their spending by 0.2% in January from the previous month, the Commerce Department said Friday, likely in part because of unseasonably cold weather. Yet the retreat may be hinting at ...
Wall Street drifts toward the close of its worst month since April
NEW YORK (AP) — Wall Street is drifting toward the close of its worst month since April, and U.S. stock indexes are mixed ...