Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be ...
Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be ...
Spending fell 0.2% for the month. Adjusted for inflation, it sank 0.5%. Those are the biggest monthly declines since February 2021.
Heavyweights like Tesla—off 25% YTD—and Palantir—down 20% this month alone—are leading the charge into the red.
Inflation decelerated but people are spending less and saving more as prices keep rising and wage growth slows. It’s worrying ...
His wife, Betsy Arakawa, was also found dead in their New Mexico home.
Nvidia shares rose Friday, suggesting the stock found some support from dip-buyers after yesterday's sell-off.
The Dow, S&P 500, and Nasdaq climbed higher Friday as the stock market digested the PCE inflation report and reacted to Trump's meeting with Ukraine's Zelensky.
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 ...
The latest inflation and spending data from Friday’s personal consumption expenditures report point to “a worrisome monetary policy conundrum” for the Federal Reserve, according to Olu Sonola, the ...
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