American consumers reined in their spending and socked away their money in April following a tariff-fueled buying binge the ...

In a sign that consumer demand may be fraying around the edges, spending at US retailers slowed sharply in April to 0.1% ...

Gold declined amid broad pullback in the markets, which was triggered by Trump’s comments on China. U.S. President said that ...

and said the company — which offers software, consulting services and network infrastructure — had some narrow exposure to efforts to cut government spending. Back To Top ...

There is increasing evidence to support worries about the local and national economy. Meanwhile, tariffs are causing a drop in shipping and port activity that some believe may lead to product ...

Spending was expected to slow to 0.4%, according to FactSet. Inflation is now back at its lowest rate in years, matching a 2.1% gain in September 2024 that was, at the time, a three-and-a-half ...

Now, Wall Street and the Federal Reserve are watching for signs of consumers pulling back in the face of high uncertainty. Thursday’s report shows that consumer spending has clearly downshifted ...

"Our Q1 checks suggest 'no one hit the panic button' but 'customers are going back to basics,' and AI workloads will likely take the back burner from here on out," they wrote. BofA analysts ...