The perceived likelihood of a U.S. recession in the next 12 months also increased, according to the Consumer Confidence Survey.

WASHINGTON >> U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record high as businesses front-loaded imports to avoid tariffs, ...

The top 10% of earners account for almost half of all consumer spending in the United States. Wealth concentration has made ...

Inflation slowed down slightly in January compared to December of 2024. But overall, Americans aren’t feeling so hot about ...

Many Americans remain gloomy due to rising income and wealth inequality, despite a solid economy and low unemployment. Read ...

Best Buy's Q4 results may see a boost from strong countrywide holiday season electronics sales. Check out why I have ...

Going forward, Trump and the administration’s ability to maintain its policy direction while recalibrating their methods will ...

The latest reading of the Federal Reserve's preferred inflation gauge showed prices rose on a monthly basis but dropped year ...

Consumer sentiment has turned south as high prices weigh on households. Could that crimp big pieces of the president’s ...

The Federal Reserve’s preferred inflation gauge cooled as expected in January; however, the good news came with another ...

Gold prices have gained more than 40% over the past 12 months and despite a pullback, experts see more bullish signs for the ...

As President Trump widens his tariff threats to other nations and China supports its economy, investors are dipping back into ...