Tariff threats and uncertainty could weigh on consumers and drag down the economy, government report suggests
Data released Friday showed that consumers slashed their spending by the most since February 2021, even as their incomes rose ...
January PCE inflation rose 0.3% for annual rate of 2.5%, meeting Dow Jones expectations
Personal consumption expenditures inflation rose 0.3% in January for an annual rate of 2.5%, the Bureau of Economic Analysis ...
More Information On The Gloomy American Consumer
Many Americans remain gloomy due to rising income and wealth inequality, despite a solid economy and low unemployment. Read ...
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U.S. consumer spending posts first drop in almost two years
WASHINGTON >> U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record high as businesses front-loaded imports to avoid tariffs, ...
US consumers cut spending in January more drastically than at any point in the last four years
Yet data released Friday by the Commerce Department also showed that Americans cut their spending last month 0.2% in January ...
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FAA investigates Arizona facility where Minnesota woman died while skydiving
In January, a 55-year-old Ann Wick who grew up in Burnsville, Minnesota died after complications with her parachute at ...