The Consumer Downturn is Here and it Signals a Recession Warning for the Economy
People shop during the sale at Target Canada in Toronto on February 5, 2015. Target Corp is closing its stores …
Consumer spending
GDP: The U.S. Economy Grew 1.6% Annually in the First Quarter, Falling Short of Estimates
The US economy grew slower than expected in the first quarter. The Bureau of Economic Analysis’s first-quarter estimate of U.S. …
Slow but Solid US Economic Growth Expected in First Quarter; Inflation is Likely to Get Worse
By Lucia Mutikani WASHINGTON (Reuters) – U.S. economic growth likely slowed to a still-solid pace in the first quarter while …
Economist Who Predicted No Rate Cuts in 2024 Blames Fed for Resurgence in Inflation
Another stronger-than-expected U.S. consumer price index suggests progress in the Federal Reserve’s fight against inflation has stalled. -Getty Images Inflation …