Top US Senate Democrat Schumer warns against Republican 'brinkmanship' on spending
WASHINGTON Top U.S. Senate Democrat Chuck Schumer on Friday said House Republicans would be to blame if lawmakers
2023-09-01 23:58
White House seeks short-term funding to avoid government shutdown -report
WASHINGTON (Reuters) -The White House on Thursday asked Congress to pass a short-term government funding extension to avoid an Oct.
2023-08-31 22:45
US consumer spending in July surges; weekly jobless claims fall
WASHINGTON U.S. consumer spending accelerated in July, but slowing inflation strengthened expectations that the Federal Reserve would keep
2023-08-31 20:59
The spiraling cost of war means growing economic pain for Russia
"The government will provide whatever the army asks for," Russia's President Vladimir Putin told a gathering of military top brass in December. Eighteen months into his war in Ukraine, he seems to be keeping that promise. But he's doing it increasingly at the expense of economic stability at home.
2023-08-28 17:16
US consumer spending is expected to cool further but not fall off a cliff
After a remarkable summer of robust consumer spending and financial-market resilience, the US economy is widely expected to slow in the coming months as the Federal Reserve continues its historic inflation fight.
2023-08-27 19:58
Inflation forces US families to spend $709 more a month than two years ago
US inflation has had a snowballing effect on family budgets.
2023-08-11 23:19
The Fed's favorite inflation measure cooled down even further in June
The inflation gauge tracked most closely by the Federal Reserve showed that the pace of price increases slowed last month, according to Commerce Department data released Friday.
2023-07-28 20:54
US annual inflation slows in June, consumer spending solid
WASHINGTON U.S. annual inflation slowed considerably in June, likely pushing the Federal Reserve closer to ending its fastest
2023-07-28 20:45
Back-to-school spending is forecast to drop 10% as inflation bites
Shopping for back-to-school essentials, such as clothes, shoes and electronics, will be a bigger struggle for families this year who are trying to manage their household budgets with less disposable incomes because of inflation.
2023-07-12 19:50
US consumer spending edges up in May; inflation still high
WASHINGTON U.S. consumer spending slowed sharply in May, but persistently strong underlying inflation pressures could compel the Federal
2023-06-30 20:45
France's Finance Minister pledges renewed push to cut public spending -FT
French Finance Minister Bruno Le Maire will take a more stringent approach to public finances, he told the
2023-06-14 13:52
Gen Z and Millennials are scrimping. Boomers? Living it up
Baby Boomers are living it up, splurging on cruises and restaurants. Younger Americans are struggling just to keep up.
2023-06-13 01:18