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Sales were pulled down in May by a steep drop in auto sales, after Americans ramped up their car-buying in March.
By Howard Schneider WASHINGTON (Reuters) -Federal Reserve officials met on Tuesday armed with new economic data that could ...
At Home, a furniture and home decor retailer, filed for Chapter 11 bankruptcy and plans to close 26 stores in 2025. The ...
The U.S. economy is mostly in good shape but that isn't saving Federal Reserve chair Jerome Powell from a spell of angst.
Retail sales fell sharply in May as consumers pulled back from a spending surge early this year to get ahead of President Donald Trump’s sweeping tariffs on nearly all imports.
Retail sales slid in May amid an ongoing reset in U.S. trade policy that has both consumers and businesses watching what they spend. U.S. retail and food services were $715.4 billion in May, down ...
From grocery bills to housing costs, Americans are feeling the squeeze in 2025. See how inflation, tariffs, and housing costs ...
U.S. stocks are slipping on Tuesday following signals that one of the U.S. economy’s main engines, spending by households, is ...
Tariffs aren’t yet showing up in inflation data, but that doesn’t mean they won’t in the coming months, says Richard Clarida, ...