The Conference Board Consumer Confidence Index rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision).
It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
Alongside its second estimate of GDP, the BEA also publishes data on gross domestic income, its other main measure of ...
The US Federal Reserve’s favored measure of inflation remained unchanged in April, according to government data published ...
The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...
Consumer confidence in the U.S. rose in May after three straight months of declines, though Americans are still anxious about ...
U.S. home prices will rise a bit faster this year than previously expected due to limited available supply, according to ...
Investing.com-- Oil prices steadied Friday, ahead of the release of key U.S. inflation data and the weekend's meeting of top ...
EUROPEAN shares rose on Friday (May 29) after softer US inflation data spurred hopes of interest rate cuts by the Federal ...
US stocks rallied into the close on Friday with the Dow and S&P 500 rising strongly after economic data showed a moderation in consumer spending growth and the slowest monthly gain in prices so far ...
US consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the ...
(Bloomberg) — A renewed bout of volatility gripped US stocks in the final stretch of May, with dip buying pushing the market higher amid a rotation between technology and other industries. In a ...