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 ...

EUROPEAN shares rose on Friday (May 29) after softer US inflation data spurred hopes of interest rate cuts by the Federal ...

The report from the Commerce Department on Friday also showed tepid consumer spending, a wrinkle that could help the Fed's ...

Investing.com-- U.S. stocks rose Friday, as data showing that the pace of inflation last month met expectations, keeping ...

Investing.com-- Oil prices steadied Friday, ahead of the release of key U.S. inflation data and the weekend's meeting of top ...

The US economy is still growing, and the job market appears to be solidly underpinned by low unemployment, according to the ...

Consumer confidence rebounded in May, but there are signs this data is being driven by wealthier consumers enjoying 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 ...