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US factory activity, construction spending both fall
Reuters via Yahoo Finance· 3 days ago(Reuters) -U.S. manufacturing activity slowed for a second straight month in May as new goods orders dropped by the most in nearly two years, and ...
Eurozone Retail Sales Slip as Demand Rebound Proves Bumpy
Market Watch· 14 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% ...
Freddie Mac reports dip in 30-year mortgage rates By Investing.com
Investing.com· 5 hours agoSam Khater, Freddie Mac's Chief Economist, indicated that the dip in mortgage rates is a response to...
US economic growth last quarter is revised down from 1.6% rate to 1.3%, but consumers kept spending
San Francisco Chronicle· 7 days agoThe U.S. economy grew at a sluggish 1.3% annual pace from January through March, the weakest...
A tale of two consumers
The Escanaba Daily Press· 2 days agoThe government measures all sorts of consumer behavior: consumer spending, consumer confidence, consumer& ...
Pressure is on for Bank of England interest rate cut as other central banks act
Evening Standard via Yahoo Finance· 11 hours agoJames Smith, developed markets economist at ING, said: “Don’t assume the Bank won’t move in ...cut...
Fed’s Favored Inflation Gauge Cools, Spending Unexpectedly Drops
Bloomberg via Yahoo Finance· 6 days ago(Bloomberg) -- The Federal Reserve’s preferred measure of underlying US inflation moderated in April...
Treasury Yields Extend Decline
The Wall Street Journal· 1 day agoTreasury yields have extended their recent declines, despite a brief spike higher after a reading on U.S. services activity broke a run of softer...
Middle-class Americans are falling behind
CNN Business via Yahoo Finance· 12 hours ago“The Modi administration still has enough of a mandate to enact reforms that will keep potential growth at 6% to 7%,” Shilan Shah, an economist at...
'We got to keep the consumer in the game': Brian Moynihan worries about a spending slowdown
Morningstar· 6 days agoBank of America Corp. Chief Executive Brian Moynihan said the economic health of the United States going forward depends on whether consumers keep spending
