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Big Tech drives S&P 500 to best week since November as investors shrug off inflation worries
MarketWatch via Yahoo Finance· 8 hours ago“You’ve got a very resilient consumer,” he said, citing the personal spending data in Friday’s PCE...
Fed's favorite inflation gauge rises faster than expected in March
Fox Business via AOL· 1 day agoThe Federal Reserve's favorite measure of tracking inflation jumped 0.3% in March as American...
U.S. economy grows 1.6% in Q1, slowing more than expected
Nikkei Asian Review· 2 days agoU.S. economic growth slowed more than expected in the first quarter, but an acceleration in...
The Fed’s preferred inflation gauge just moved in the wrong direction
CNN Business via AOL· 1 day agoConsumer spending remained strong in March, jumping 0.8% and equaling the blistering pace seen a...
Imports hold back US economy in first quarter, inflation flares up
Reuters· 2 days agoThe cooler-than-expected growth reported by the Commerce Department in its snapshot of first-quarter...
Visa results beat estimates on resilient consumer spending
Reuters via Yahoo Finance· 4 days agoU.S. consumer spending has remained remarkably resilient despite higher-for-longer interest rates,...
Asda only Big Four supermarket to suffer fall in sales
Daily Telegraph· 4 days agoConsumer spending at Sainsbury’s was up 6.8pc, Tesco improved by 5.9pc, while Morrison’s increased...
Economy cooled off in first quarter, growing at 1.6 percent rate - The Boston Globe
The Boston Globe· 2 days agoThe US economy continued to grow early this year, but at a sharply slower rate as strong consumer ...
Visa results beat estimates on resilient consumer spending
Reuters· 4 days agoU.S. consumer spending has remained remarkably resilient despite higher-for-longer interest rates,...
U.S. Q1 2024 GDP Growth Looks Set For Slowdown In Thursday’s Release
Seeking Alpha· 3 days agoThe US economy appears on track to post softer growth in the first-quarter GDP report scheduled for...