US Inflation Hits 3-Year High as Consumer Spending Accelerates
US inflation accelerated to a three-year high in May alongside a pickup in consumer spending, challenging the Federal Reserve's easing timeline and…
US inflation accelerated to a three-year high in May alongside a pickup in consumer spending, challenging the Federal Reserve's easing timeline and…
Sydney and Melbourne housing markets lost $128 billion in value, signaling deeper economic risks for Australia and a likely RBA pivot.
U.S. new-home sales dropped unexpectedly, underlining the strain that high mortgage rates are placing on the housing sector and raising questions about…
Amazon Prime Day household spending fell 16% from a year earlier, according to a new survey, as consumers hold out for steeper…
The Hang Seng Index dropped 3%, nearing bear market territory as China's retail sales growth disappointed and property market woes persisted, driving…
EU levy on online shopping could raise €6 billion, pressuring e-commerce firms and consumer spending.
A record 9.2 million student loan defaults in the U.S. under Trump's repayment crackdown spark concerns over consumer spending, fiscal deficits, and…
Chinese consumer inflation unexpectedly stalls in May despite surging oil costs, signaling weak household demand and potential for additional policy stimulus from…
Buffalo Wild Wings traffic weakens ahead of Inspire Brands IPO, increasing risks for casual dining stocks and consumer discretionary funds.
Dollar General customers reduce food spending amid elevated gas costs, signaling distress for the discount retailer and the broader consumer discretionary sector.
Five Below's post-earnings decline highlights the market's focus on consumer spending pressures from elevated oil prices, overshadowing a quarterly profit beat.
Treasury Secretary Bessent dismisses the impact of a $200 surge in annual gasoline bills on US consumer buying power, signaling confidence in…