United States Economy – Page 334

Procter & Gamble Sales Fall for First Time in Years as Inflation Squeezes Shoppers

The consumer goods giant raised prices 10 percent last quarter, but a decline in sales volume led to drops in revenue and profit.

By Isabella Simonetti

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America Set to Hit Its Borrowing Limit Today, Raising Economic Fears

The milestone will not immediately affect markets or growth, but it sets the stage for months of entrenched partisan warfare.

By Jim Tankersley and Alan Rappeport

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Retail Sales Fell in December as Holiday Shoppers Held Back

Weaker-than-expected results, including at popular holiday shopping destinations like electronics outlets and department stores, showed how concerns about inflation are affecting consumers.

By Jordyn Holman

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How Close Is the U.S. to Hitting the Debt Ceiling? How Bad Would That Be?

The United States has a cap on the amount of money it can borrow. That means it can run out of cash if the limit isn’t lifted.

By Alan Rappeport