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GDP shows U.S. economy grew just 1.3% in the first quarter as consumer spending slowed
Market Watch· 1 hour agoThe numbers: The U.S. economy grew at a slower 1.3% annual pace in the first three months of the...
Key Fed Inflation Rate Revised Lower As GDP Growth Slides; S&P 500 Trims Losses
Investor's Business Daily· 19 minutes agoQ1 GDP GDP grew at a revised 1.3% annual rate in the first quarter, down from...expenditures rose at...
Best Buy extends streak of quarterly sales declines as Americans focus on essential purchases
KAAL Austin· 2 hours agoBest Buy reported another quarterly drop in sales as the nation’s largest consumer electronics chain...
The Rise in Consumers’ Late Debt Payments Is Slowing Down
The Wall Street Journal· 2 hours agoRight now, though, those...monthly data from CreditGauge showed the percentage of overall...
...US Q1 Economic Growth Downwardly Revised To 1.3%: Consumer Spending Falters - SPDR S&P 500...
Benzinga· 1 hour agoUS Q1 2024 economic growth was upwardly revised to 1.7% with higher inflation, while jobless claims...
US consumer confidence rises in May after three months of declines
NBC 10 - FOX 14 Monroe· 2 days agoWASHINGTON (AP) — Consumer confidence in the U.S. rose in May after three straight months of ...
Best Buy posts disappointing sales for Q1, as consumers pull back on appliances, electronics
Yahoo Finance via AOL· 2 hours agoComputing and mobile phones were down just 2.2%, compared to the 4.17% decline expected, while...
Consumer spending is up but Las Vegas locals say they don't see savings
KTNV Las Vegas· 2 days agoConsumers might be feeling a little bit better about the state of the economy. Non-partisan think...
Stock Market News for May 30, 2024
Zacks via Yahoo Finance· 5 hours agoDecliners outnumbered advancers on the NYSE by a 5.25-to-1 ratio. On Nasdaq, a 2.78-to-1 ratio favored declining...thereby reducing the net present value...
Strategas still sees a 30% chance of a U.S. recession in 2024 By Investing.com
Investing.com· 4 hours agoIn their latest Economic Balance Sheet Update, they highlight the impact of "higher-for-longer (H4L)...