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The experience-hungry American consumer is already crashing the economy into a ‘rolling recession,’...
Fortune via Yahoo Finance· 9 months ago“Instead of a typical recession, it's possible the economy will fall into – or in fact is already in...
U.S. consumers have spent more than $1 trillion saved up during the pandemic
Yahoo Finance· 1 year agoU.S. consumers have made a healthy dent in savings stockpiles accumulated during the pandemic. And...
GDP: US economy grows at a faster pace than expected in Q2
Yahoo Finance via AOL· 10 months agoThe US economy grew at a faster-than-expected pace in the second quarter of 2023, adding to signs...
Housing costs rise at slowest annual rate in two years as inflation eases
Yahoo Finance via AOL· 2 weeks agoHousing costs remained elevated in April, serving as the largest contributor to core inflation's...
Retail sales fell 1% in March, more than expected, as winter spending burst loses steam
USA TODAY via Yahoo Finance· 1 year agoRetail sales slowed sharply in March, underscoring that Americans’ wherewithal to spend is waning...
December retail sales top estimates to cap strong 2023
Yahoo Finance via AOL· 4 months agoDecember retail sales out Wednesday showed US consumer spending continued to prove resilient to...
Companies are talking about 'recession' less. Economic data helps explain why.
Yahoo Finance via AOL· 1 year agoWall Street has been waiting for a recession that hasn’t materialized roughly five months into the...
Job openings stay close to lowest level since 2021
The Hill via Yahoo News· 5 months agoThe number of open jobs in the economy stayed pretty flat in November, near a 2 1/2-year low reached in October and consistent with a broader downward...
Retail sales rise 0.4% in April, missing Wall Street estimates
Yahoo Finance via AOL· 1 year agoRetail sales rose 0.4% in April from the previous month, representing only half of the growth that...
Could a looming recession be more severe than forecast? Some economists say 'yes' and here's why.
USA TODAY via Yahoo Finance· 2 years agoA recession is now likely next year, most economists say. But so far that grim warning has been...