Higher interest rates are coming soon from a Federal Reserve behind the curve on inflation. If the Fed really wanted to stop inflation, it…
Tag: U.S. consumer confidence
U.S. inflation surges 7% in December, highest rate in 40 years
U.S. inflation rose at the fastest pace in nearly four decades in December, at a level not seen since since 1982, before President Reagan…
Wall Street tumbles as investors eye hot inflation data
Wall Street tumbled as the S&P 500 and the Nasdaq each fell more than 1% on Tuesday after hot inflation data showed…
U.S. inflation surges to 39-year high as consumer prices continue to soar
Consumer prices surged at the fastest pace in nearly four decades in November as Americans paid more for practically everything from…
Wall Street extends sell-off on fears of long-term high inflation
Wall Street’s main indexes fell on Wednesday as a surge in U.S. consumer prices last month deepened fears that high inflation is here to stay…
U.S. producer price inflation jumps 8.6% YOY in October, matching the largest increase on record
Inflation at the wholesale level jumped 8.6% in October from a year earlier, matching September’s record YOY gain. U.S. inflationary pressure…
U.S. economy falters as GDP slows sharply in Q3, missing expectations; consumers downshift spending
U.S. gross domestic product (GDP) growth sharply decelerated to an 2% annualized rate in the third quarter, down from a 6.7% rate in the…
Stocks tumble on weak U.S. consumer confidence
U.S. consumer confidence this month unexpectedly fell to its lowest since February, intensifying concerns about the economy’s prospects…
U.S. consumers suffered a ‘stunning loss of confidence’ in early August
The University of Michigan’s gauge of U.S. consumer confidence plunged to a “stunning loss of confidence” with a preliminary August…
S&P 500, Nasdaq hit new all-time highs
The S&P 500 and the Nasdaq hit all-time highs on Wednesday on confidence in the U.S. economy and hopes that China would take more measures…
U.S. consumer confidence jumps, stocks rise
The Conference Board’s consumer confidence index jumped to 131.6 this month from 126.5 in December. U.S. stocks ticked higher following the data’s release…
U.S. consumer confidence surges to 18-year high
The unemployment rate is 3.7%, the lowest level since 1969…
U.S. worker pay rate hits highest level since 2008
Compensation for workers rose to a nearly 10-year high in the second quarter as inflation pressures continued…
U.S. consumer confidence hits 17-year high
U.S. consumer confidence jumped to a 17-year high as optimism about employment prospects…
