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.
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 ...
Consumer confidence in the U.S. rose in May following three straight months of declines, but Americans remain anxious about ...
Alongside its second estimate of GDP, the BEA also publishes data on gross domestic income, its other main measure of ...
The average house price increased to £264,249 in May, according to the building society - and it said the upcoming election ...
The US economy is still growing, and the job market appears to be solidly underpinned by low unemployment, according to 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 ...