The Conference Board Consumer Confidence Index rose in May to 102.0 (1985=100) from 97.5 in April (a slight upward revision).

As Sophocles said, nothing truly succeeds without pain. We suspect he wouldn’t have put much faith in soft landings, either. Nobody likes a tough job market or the high prices that consumers have seen ...

EQUITIES mostly rose on Wednesday (Jun 5) on building optimism that the Federal Reserve will cut interest rates before the ...

It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Credit losses at buy now, pay later group Klarna rose in the first quarter as it pursues its aggressive US ...

Spotify raises US prices of its premium plans in margin push. Spotify has been trying to boost its margins in recent months ...

The Fed has raised borrowing costs by 525 basis points since March 2022 in a bid to cool demand across the economy. Financial ...

US consumer confidence unexpectedly improved in May after deteriorating for three straight months amid optimism about the ...

Crude oil futures traded marginally lower on Wednesday morning as the industry report showed increase in inventories in the ...

The US PCE price index was up 0.3% last month, the Commerce Department's Bureau of Economic Analysis said on Friday, matching ...

Spotify raised prices for its premium plans in the United States on Monday, the latest step by the Swedish music-streaming ...

Spotify is hiking prices for its Premium plans in the U.S. for the second time in less than a year in the audio streaming giant's latest move to expand its margins. The Sweden-based firm announced ...