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Angst over rising cost of living pushes US consumer sentiment to record lowUS consumer sentiment fell to a record low in May as rising gasoline prices driven by the Iran war intensified cost-of-living pressures. In...- Record surge in gasoline prices fuels US consumer inflation in MarchIn March, American consumers were hit hard by a notable spike in prices. This surge, primarily fueled by soaring gasoline and diesel expens...
- US weekly jobless claims at seven-month low as layoffs remain lowNew jobless claims fell to a seven-month low, indicating minimal layoffs despite a struggling labor market. This data suggests the Federal ...
- US recession soon? Economists alarmed as 22,000 jobs added in Aug, unemployment at highest in nearly four yearsThe US added 22,000 jobs in August, according to data from the U.S. Bureau of Labor Statistics. That figure showed a sharp decrease from 79...
- Is USA economy slowly slipping into recession? Even Republicans are concerned over impact of Donald Trump's tariffs, claim surveysThe University of Michigan's Surveys of Consumers showed the public mood.
- US consumer sentiment slumps, households brace for inflation surgeAmerican consumer confidence declined in May. Inflation expectations rose to levels not seen since 1981. Concerns grew over President Donal...
- Will Donald Trump eliminate taxes for Americans earning less than $200,000 per year? Is it possible, and what would the consequences be?Donald Trump suggests eliminating income taxes for many Americans. He thinks import tariffs can replace the lost revenue. Experts doubt the...
- US consumer spending takes a hit as inflation worries and tariff fears put Americans on edge; but what will happen to the economy?US inflation slightly decreased to 2.5% in January, but consumer spending saw a significant drop of 0.2%, the largest decline in four years...
- US economy to fall into recession after November 5 election results?US election 2024 results will be declared after November 5 polls but is there any recession threat to American economy?
- US economy seen shining on election eve amid robust consumer spendingThe U.S. economy is expected to have grown at a solid pace in the third quarter due to lower inflation and strong wage gains. Consumer spen...
- Is there a fear of recession in the U.S? Here's all you need to knowFed Chair Jerome Powell has hinted at cutting the bank rates in September, but it failed to satisfy the stock exchange sentiments, further ...
- US job openings drop to 8.83 million, lowest in over two yearsU.S. job openings fell to the lowest level in almost 2-1/2 years in July, indicating a slowdown in the labor market and increasing expectat...
- US consumer spending surges in April; inflation heats upAnalysts have been closely watching speeches by members of the Fed's rate-setting committee for clues on how they are interpreting the most...
- Rise in U.S. consumer spending beats expectations; wage inflation slows"Americans may say they are worried about inflation, but they are still out shopping, which keeps the economy growing for another quarter,"...
- US job openings rise in July; consumer confidence reboundsThe Labor Department's Job Openings and Labor Turnover Survey, or JOLTS report, on Tuesday, showed there were 2 jobs for every unemployed p...
- US job growth solid in May; unemployment rate steady at 3.6%The Labor Department's closely watched employment report on Friday also showed the unemployment rate holding steady at 3.6% for a third str...
- US inflation surges 8.5%, highest rise since 1981Across the economy, the year-over-year price spikes were widespread. Gasoline prices rocketed 48% in the past 12 months. Used car prices ha...
- Russia war ends the era of globalisation that kept inflation lowThe widening rupture between the world's democracies and its autocracies has further darkened the global picture.
- Fiscal stimulus powers U.S. economy in 2021 to its best performance since 1984The nation's gross domestic product - its total output of goods and services - expanded 5.7% in 2021. It was the strongest calendar-year gr...
- US third-quarter economic growth revised slightly higher; COVID-19 disruptions loomGross domestic product increased at a 2.3% annualized rate, the Commerce Department said in its third reading of GDP growth for the July-Se...
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