Posted inConsumer Behavior Federal Reserve System Inflation (Economics) Interest Rates United States Economy
Consumer Spending Slid Again in December
Fresh data offered more detail on how shoppers retrenched at the end of 2022.
Posted inCommerce Department Consumer Behavior Coronavirus (2019-nCoV) Federal Reserve System Gross Domestic Product Inflation (Economics) Interest Rates International Trade and World Market Recession and Depression United States Economy
U.S. Economy Grew at 2.9% Annual Rate in Fourth Quarter
Activity at the end of last year showed the resilience of American consumers and businesses in the face of rising inflation and interest rates.
Posted inBiden, Joseph R Jr Health Insurance and Managed Care House of Representatives Medicare National Debt (US) Presidential Election of 2024 Republican Party Social Security (US) United States Economy United States Politics and Government Virginia
Biden Set to Hammer House Republicans on the Economy
The president has found a welcome foil in a new conservative House majority and its tax and spending plans, sharpening a potential re-election message.
Posted inE-Commerce Labor and Jobs Layoffs and Job Reductions Macy's Inc Saks Off Fifth Shopping and Retail United States Economy Wayfair Inc
With Layoffs, Retailers Aim to Be Safe Rather Than Sorry (Again)
Companies that ramped up hiring in areas like technology over the past few years are cutting back as customers slow their spending.