The decline in the personal consumption expenditures index from 2.6% the month before was in line with expectations.
Wall Street is drifting toward the close of its worst month since April, and U.S. stock indexes are mixed following an ...
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.
Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be ...
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 ...
Inflation is still a sore spot for the U.S. economy, but at least it didn't get much worse at the start of the year. That's the best that can be said about the latest reading of the personal ...
Spending fell 0.2% for the month. Adjusted for inflation, it sank 0.5%. Those are the biggest monthly declines since February 2021.
Realistically, Trump was never going to bring down prices for US consumers. To do that would be deflationary, and economists ...
Inflation in the US went down slightly in January, but people spent less money than expected, making it harder for the ...
Inflation dropped slightly in January but consumer spending, the primary driver of the U.S. economy, also saw its biggest decline in four years.