Happy holidays: Consumer spending surges again and keeps U.S. economy in overdrive
The year-end splurge drove a 4.2% advance in consumer spending in the fourth quarter — the biggest gain in almost two years.
U.S. economy grew at a healthy 2.3% pace last quarter, driven by increased consumer spending
The U.S. economic outlook has become more cloudy, however. Trump has promised to cut taxes and ease regulations on business, ...
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Consumer trend: When wealthier Americans drive retail spending to power a struggling U.S. economy
That trend, documented by Federal Reserve research, represents something of a shift from the pre-pandemic period. And it ...
CFPB’s Funding Gets Cut Off After Russell Vought Takes Over Consumer Protection Agency
Vought said Saturday he notified the Federal Reserve the CFPB will not receive its next draw of federal funding—claiming it’s ...
Trump’s Tariffs And Inflation — Who Pays?
Are tariffs inflationary? Who will shoulder the increased cost? Will tariffs cause a recession? How do tariffs affect ...
US economic growth slows despite consumers spending more
Economic growth in the US slowed at the end of last year, as trade and investment declined and the country was hit by ...
What is the average credit score in the US?
Most generations increased their average FICO Score by a single point in 2024, although Generation X, currently carrying more ...
Factbox - Trump Spending Freezes Hits High-Value Investment Projects
A $1.35 billion plant to produce battery separators by the Tennessee firm Microporous could help revitalize Danville, which ...
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Trump’s spending freeze sets up a future possible Supreme Court showdown over presidential power
President Donald Trump’s dramatic pause of federal grants and loans is queuing up a Supreme Court showdown over the ...