Inflation accelerated again in April, intensifying pressure on consumers who were already struggling to keep pace with rising costs for food, housing and healthcare. The...
Consumers are more pessimistic and more uncertain about the rate of inflation over the next year than they were a month ago, according to data...
The used car market could get a boost from the rising costs of goods and services, Carvana Founder and CEO Ernie Garcia said Wednesday (April...
The wallets are open, but the runway is getting shorter. Consumer spending in March continued to outpace income growth, with rising energy costs and everyday...
The gas price spike drove the University of Michigan’s Index of Consumer Sentiment to the lowest level recorded in its over 73-year history. The index declined...
Retail spending surprised analysts with an upswing in March, but the headline strength came with a familiar caveat: higher prices at the pump did much...
The Federal Reserve’s latest Beige Book, released Wednesday (April 15), describes an economy that keeps growing even as businesses and households navigate mounting uncertainty and...
The Producer Price Index (PPI) rose less than expected in March amid the spike in energy prices due to the war in Iran. The PPI...
Americans are dealing with a surge in surcharges as businesses look to counter rising costs. That’s according to a report Monday (April 13) by The Wall Street...