Ongoing tariff threats from Washington and potentially sweeping government job cuts have darkened consumers’ mood and may be ...
Prime Minister Lawrence Wong refuted opposition leader Pritam Singh’s assertion that the Goods and Services Tax (GST) hike ...
Inflation decelerated but people are spending less and saving more as prices keep rising and wage growth slows. It’s worrying ...
A large majority of Americans say their incomes aren't keeping pace with inflation. Here's what the numbers say.
US stocks rise after Fed's favorite inflation gauge matches forecasts. But lurking tariff and geopolitical risks keep indexes ...
US stocks seesawed Friday, but all three major indexes closed the month in the red — a sign of increasing unease in markets.
Inflation dropped slightly in January but consumer spending, the primary driver of the U.S. economy, also saw its biggest decline in four years.
The central bank’s preferred inflation measure, released on Friday, climbed 2.5 percent in January from a year earlier, ...
Worries about tariffs pushing prices higher have sent consumer confidence plunging, unwinding the modest gains that had occurred after the election.
U.S. consumer spending fell for the first time in nearly two years in January and the goods trade deficit widened to a record ...
Data released Friday showed that consumers slashed their spending by the most since February 2021, even as their incomes rose.