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Consumer demand is holding up, but sticky prices and Trump’s tariffs complicate the Fed’s next move on interest rates.
Inflation remained subdued in three of the four biggest economies in the European Union, fuelling hopes that the European Central Bank will not see the necessity to change the key interest rates in September.View on euronews
US consumers kept spending in July, even as inflation remained elevated that month, new data showed Friday.
The U.S. economy might be headed for a bout of high inflation and slow growth, but economists expect it to be far less severe than the malaise of the 1970s.
Western Digital's soaring revenues and strong free cash flow power debt cuts, dividends, and a $2 billion share repurchase plan.
Does Citigroup's restructuring, stronger price gains, lower P/E and higher dividend yield give it an edge over Bank of America for value-focused investors?
Primoris Services (PRIM) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
The proposed cuts include $3.2 billion in United States Agency for International Development assistance, $322 million from the USAID-State Department Democracy Fund, $521 million in State Department contributions to international organizations, $393 milli
Caterpillar shares fell in premarket trading Friday, a day after the maker of big farm and construction equipment warned tariffs would negatively impact its results by a greater amount this year.
(Reuters) -The United States is making it more difficult for chipmakers Samsung and SK Hynix to produce chips in China by revoking authorizations that allowed the companies to receive American semiconductor manufacturing equipment there, according to the
Speaking to reporters, Ontario premier Doug Ford said: \\
US household spending rose 0.5% for the month, the most in four months, while the Federal Reserve's preferred measure of underlying US inflation, the so-called core personal consumption expenditures price index, rose 0.3% from June and 2.9% from the prior
CVX secures a 10-year deal to supply 650,000 metric tons of LNG annually to China, boosting its global clean energy reach.
WASHINGTON (Reuters) -The U.S. trade deficit in goods widened sharply in July as imports surged, suggesting trade could be a major drag on economic growth in the third quarter. The goods trade gap soared 22.1% to $103.6 billion last month, the Commerce D
WASHINGTON (Reuters) -U.S. consumer spending increased solidly in July while underlying inflation picked up as tariffs on imports raised prices of some goods, but that data will probably not prevent the Federal Reserve from cutting interest rates next mon