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.
PARIS: European shares rose on Friday after softer US inflation data spurred hopes of interest rates cuts by the Federal ...
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 ...
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The average house price increased to £264,249 in May, according to the building society - and it said the upcoming election ...
US consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the ...
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 ...
Stock markets were mixed Friday as investors digested fresh US and eurozone inflation data that could set the tone for ...
US stocks were mixed in afternoon trading on Tuesday, with techs serving as a bright spot while Wall Street kicked off a ...
EUROPEAN shares rose on Friday (May 29) after softer US inflation data spurred hopes of interest rate cuts by the Federal ...