Consumer spending — the engine that drives the U.S. economy — is flagging, helping to reverse what seemed like relentless growth in gross domestic product...
For younger Americans in the Generation Z cohort, spending is out, while saving is reportedly in. Get the Full Story Complete the form to unlock...
Federal Reserve Chair Jerome Powell told Congress on Tuesday (June 24) that higher tariffs will likely lead to higher prices down the line – though...
The most recent inflation data indicate that the impact of tariffs overall has been thus far not been as drastic as some might have feared. But...
Global trade is only global thanks to key commercial arteries established over the duration of human history. Get the Full Story Complete the form to...
Used car retailer CarMax saw greater loan losses and economic uncertainty during the quarter ended May 31. Get the Full Story Complete the form to...
The tariff-induced spending splurge may have come to an end. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
U.S. retail and food services sales saw a month-over-month decline of 0.9% in May after slipping 0.1% in April, the Census Bureau reported Tuesday (June...