Americans cut their spending by 0.2% in January from the previous month, the Commerce Department said Friday, likely in part because of unseasonably cold weather. Yet the retreat may be hinting at ...
Despite the current market downturn, not all hope is lost, as a massive wave of liquidity expansion could be on the horizon.
Spending fell 0.2% for the month. Adjusted for inflation, it sank 0.5%. Those are the biggest monthly declines since February 2021.
The US economy is setting up to take a major step back in the first quarter after a pair of reports showed weaker consumer ...
The central bank's GDPNow tracker of incoming metrics is indicating that gross domestic product is on pace to shrink by 1.5%.
NEW YORK (AP) — Wall Street is drifting toward the close of its worst month since April, and U.S. stock indexes are mixed ...
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