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Consumers curb US economic growth in first quarter, inflation cools
Reuters via Yahoo Finance· 11 hours ago(Reuters) -The U.S. economy grew more slowly in the first quarter than previously estimated after...
U.S. first quarter real GDP revised down to 1.3%
UPI· 9 hours agoCompared with the fourth quarter 2023 consumer spending decelerated, growing at a slower pace. May 30 (UPI) -- Real U.S. gross domestic product grew at...
The American shopping spree is losing steam
CNN Business via Yahoo Finance· 4 hours agoRetail spending, which is adjusted for seasonal swings but not inflation, was also revised down for March. A second estimate of gross domestic product,...
High Interest Rates Are Working, Fed's Williams Says
Bloomberg via Yahoo Finance· 4 hours ago(Bloomberg) -- Federal Reserve Bank of New York President John Williams said he expects inflation to continue falling in the second half of this year,...
Bank of America CEO: Consumers, Businesses Pulling Back on Spending
PYMNTS.com· 45 minutes agoBrian Moynihan, CEO of Bank of America, said higher inflation and interest rates have dampened...
US Gaming Market: April Sees 3% Spending Drop, Software Soars Despite Hardware Plunge - Microsoft...
Benzinga· 4 hours agoIn April, consumer spending in the U.S. gaming market decreased by 3% year-over-year to $4.1...
U.S. first quarter real GDP revised down to 1.3%
United Press International via Yahoo Finance· 9 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...
Is Q1 GDP Data Easing Pressure On Fed To Cut Interest Rates? 5 Economists Weigh In
Benzinga· 6 hours agoThis represents the slowest growth rate since the second quarter of 2022. The revision was primarily...
US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending
ABC News· 11 hours agoThe U.S. economy grew at a sluggish 1.3% annual pace from January through March, the weakest...
Dow Jones Drops 330 Points, But Small Caps Rebound; Robinhood, Universal Health, HP Break Out
Investor's Business Daily· 3 hours agoStocks mostly fell Thursday, as Dow component Salesforce led a drop in software firms. However, a...
