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Revised GDP Data Show Consumer Spending May Be Losing Momentum
PYMNTS.com· 59 minutes agoEconomic data frequently comes in stages: There’s the initial estimate, and then a revision. The key...
Revisions to Consumer Goods Spending behind lowered GDP growth
The Forex Market· 2 hours agoRevisions to first quarter GDP took the headline growth rate down to 1.3% from 1.6% previously, with...
U.S. first quarter real GDP revised down to 1.3%
United Press International via Yahoo Finance· 2 hours agoReal U.S. gross national product grew at an annual rate of 1.3% in the first quarter, according to a second estimate Thursday from the Bureau of Economic...
Key Fed Inflation Rate Revised Lower As GDP Growth Slides; S&P 500 Trims Losses
Investor's Business Daily· 3 hours agoMeanwhile, initial jobless claims edged higher. After the data, the S&P 500 pared overnight losses....
The Rise in Consumers’ Late Debt Payments Is Slowing Down
The Wall Street Journal· 4 hours agoWhen segmented by income tiers, however, the trend was consistent: Low-, middle- and high-income ...
Treasuries Steady After Selloff Ahead of GDP and Inflation Data
Bloomberg via Yahoo Finance· 2 hours ago(Bloomberg) -- Treasuries pared this week’s sharp losses Thursday after inflation gauges in the US...
The Zacks Analyst Blog Highlights CAVA, Brinker International, Wingstop and Texas Roadhouse
Zacks via Yahoo Finance· 2 hours agoThe core year-over-year CPI reading is the lowest since April 2021, while the month-over-month...
Gen Z Consumers Save Nearly 10% of Their Monthly Income
PYMNTS.com· 6 days ago...PYMNTS Intelligence’s recent Paycheck-to-Paycheck Report, “Why 60 Percent of Gen Z’s Live...
Living Frugally: Adopting Lessons From the Great Recession
GoBankingRates via AOL· 2 hours agoDuring the Great Recession in the late 2000s, unemployment jumped to 10% and home prices plunged an...
Consumer spending drives fast-growing credit card debt
Las Vegas Sun· 3 days agoHouseholds are pulling out all the stops to keep spending, and a heavy reliance on credit card debt...