News

Inflation slowed sharply in March, moving closer to the Federal Reserve’s 2% target, while tariff-induced consumer spending ...
The contraction in GDP, the value of all goods and services across the economy, was the first in three years and comes amid ...
U.S. consumer spending increased solidly in March as households boosted purchases of motor vehicles to avoid higher prices ...
Americans were shopping less in the first three months of the year, but spending didn’t entirely stall out. The BEA reported ...
The slowdown in inflation could be a temporary respite until the widespread duties imposed by Trump begin to push up prices ...
Mastercard beat Wall Street estimates for first-quarter profit on Thursday as customers kept up spending on its card network ...
Block cut its profit forecast for 2025 and missed estimates for quarterly earnings on Thursday as the payments firm grapples ...
The Federal Reserve’s preferred inflation gauge stalled in March for the first time in nearly a year and consumer spending ...
Consumer spending, which makes up about two-thirds of the U.S. economy, grew in March as inflation cooled, according to new ...
These two payment giants rely on consumer spending for their revenue, as they generate fees every time the card is used and ...
A car-buying frenzy, stoked by tariff fears, drove US consumer spending in March to its biggest monthly gain in more than two years, new data showed Wednesday. Consumer spending leapt 0.7% from ...