Steady job growth and solid wage increases have enlarged Americans’ paychecks…
Tag: discretionary spending
U.S. consumer spending surges to post biggest rise in more than 9-1/2 years
Plus, price pressures remained muted, with a key inflation measure posting its smallest annual gain in 14 months…
U.S. jobless claims at 50-year low
The fewest people in nearly 50 years sought unemployment benefits last week, a sign of a strong job market…
Stocks higher as January jobs report smashes estimates despite government shutdown
On a year-over-year basis, wage growth amounted to a 3.2 percent increase, consistent with the past few months and around the highest levels of the recovery…
Dow rallies 300 points at the open on monster U.S. jobs report, tech stocks jump
The U.S. economy added 312,000 jobs last month, much more than the expected 176,000…
U.S. job creation surged way more than expected in December – report
At the current pace of job growth, low unemployment will get even lower…
Billionaire CEO Benioff foresees several years of strong growth for U.S. economy
A record $7.9 billion was spent on Cyber Monday this year, up 19.3% year over year…
Dow, S&P 500 and Nasdaq rocket to new all-time records
Economists say President Donald Trump has had generally positive effects on U.S. economic growth…
S&P 500 and Nasdaq rise to records on first trading day of 2018
Last month, President Donald Trump signed a bill that slashed the corporate tax rate in the U.S…
U.S. consumer sentiment surges to 13-year high
U.S. consumer sentiment unexpectedly surged to a 13-year high as Americans’ perceptions of the economy and their own finances rebounded…
U.S. Consumer Comfort Index hits highest level in a decade
Americans’ confidence continued to mount last week as the Bloomberg Consumer Comfort Index…
Tim Cook, other CEOs pledge help to Obama on long-term unemployed
Obama is meeting today with chief executives from Bank of America Corp. to EBay Inc…
