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A new report from Bank of America is showing signs of slowing consumer spending with people stocking up in anticipation of ...
U.S. consumer spending held steady in May, with average credit and debit card purchases per household rising just 0.8% from ...
Those with premium cards, defined as having an annual fee of at least $250, were an anomaly, Bank of America's research said.
Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $48.97, ...
Indeed, the share of consumer spending that is devoted to services has at last caught up with its trend from before the ...
The federal government now spends more on servicing its debt than it does on defense. The GOP's new tax bill could ratchet ...
As US inflation edges up, a World Bank warning signals the global economy may face its weakest decade since the 1960s.
Policymakers are expected to stand pat on rates, but the devil will be in the detail of its statement and Governor Kazuo Ueda ...
The latest below-forecast inflation reading adds to evidence that consumers have yet to feel the pinch of President Donald ...