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Q1 GDP revised down on lackluster consumer spending
FOX Business· 7 days agoThe second estimate for real gross domestic product (GDP) in the first quarter of 2024 was revised downward, according to the Bureau of Economic Analysis...
US inflation up moderately in April, consumer spending weakens
KSL Salt Lake City· 6 days agoU.S. inflation tracked sideways in April and consumer spending weakened, mixed signals for the...
| Latest US politics news from The Economist
The Economist· 6 hours agoGeorgia’s appeals court paused proceedings in Donald Trump’s election-interference case while it decides whether to remove the prosecutor, Fani Willis. Mr Trump and his co-defendants claim her ...
Mastercard East Arabia report projects accelerated economic growth in 2024
Electronic Payments via Yahoo Finance· 7 days agoReal consumer spending in the UAE is projected to increase by 5% year over year. That rate of growth...
US inflation up moderately in April, consumer spending weakens
Colorado Springs Gazette· 6 days agoThe data suggested the elevated pace of price increases could last longer than expected but also the...
Revised GDP Data Show Consumer Spending May Be Losing Momentum
PYMNTS.com· 7 days agoEconomic data frequently comes in stages: There’s the initial estimate, and then a revision. The key...
SkyCity Entertainment Cuts FY24 Guidance, Suspends Dividends
Market Watch· 14 hours agoSkyCity Entertainment cut its earnings guidance and suspended its dividend, citing reduced consumer spending, a further delay in the opening of its Horizon ...
Eurozone Retail Sales Slip as Demand Rebound Proves Bumpy
Market Watch· 3 hours agoRetail sales volumes fell more than expected in the eurozone in April as consumer demand struggles to recover from high prices and a cost-of-living crisis. Volumes were 0.5% lower over the month ...
Latest Jobs Data Prompts Upgrade for This Holding
TheStreet.com· 22 hours agoADP’s latest data shows that the economy is growing but inflation pressure not backing down. * ADP’s May job creation findings missed expectations, but...
Bank of America Sees Consumer Spending Slowdown
KTBS Shreveport· 6 days agoBank of America's CEO Brian Moynihan has reported a noticeable decline in consumer and small business spending over the last year. In a conversation with...