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.
Stocks staged a mild rebound after the core personal consumption expenditures index came in line with expectations. That ...
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 ...
EUROPEAN shares rose on Friday (May 29) after softer US inflation data spurred hopes of interest rate cuts by the Federal ...
Alongside its second estimate of GDP, the BEA also publishes data on gross domestic income, its other main measure of ...
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 ...
U.S. home prices will rise a bit faster this year than previously expected due to limited available supply, according to ...
US consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the ...
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 ...