The yawning income inequality has contributed to divergence in U.S. consumer spending and sentiment, according to U.S. economists. There has been ...

Economic growth was healthy in 2024, coming in at 2.8% compared to 2.9% in 2023. The continuing expansion is driven by ...

Tariffs don't directly cause interest rates to rise, but they might be part of the recipe. Learn if rates will go up, and ...

Thus, the total is more stable and less subject to economic ... Most likely, interest rates will be neither a positive nor a negative for consumer spending in the year ahead.

A bill would cap credit card rates at 10%, something Trump promised on the campaign trail. Will Trump follow through? Will consumers benefit?

U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...

MANILA, Philippines — Consumer ... can lead to a recession. In an economy where consumption drives the majority of activity, a slowdown in spending signals growing risks. High interest rates ...

The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...

Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s tradition-bucking pressure on the central bank.

In the four decades leading up to the pandemic, 800 million Chinese exited poverty and began to buy things beyond their immediate subsistence needs. Incomes surged in the past 20 years, with gross ...

Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.

Australian small to medium enterprises expect the cost of doing business to rise this year but are keeping their sights on a ...