Economy Aug 17 July retail sales fell 1.1 percent as COVID-19 surge hits spending By Joseph Pisani, Associated Press
Economy Jan 29 WATCH: Biden introduces $1.9 trillion COVID-19 rescue plan to help economy U.S. consumers slowed their spending by 0.2% in December, cutting back for a second straight month in a worrisome sign for an economy struggling under the weight of a still out-of-control pandemic. By Martin Crutsinger, Associated Press
Economy Apr 01 UN says world economy may shrink by almost 1 percent in 2020 A new report from the U.N. Department of Economic and Social Affairs on Wednesday warned that world output could contract even further if restrictions on economic activities extend to the third quarter of the year, and if fiscal responses fail… By Associated Press
Nation Oct 16 U.S. retail sales dip 0.3 percent in September Retail sales dropped in September by the largest amount in seven months, possibly signaling that rising trade tensions and turbulent markets are having an impact on consumer spending. By Martin Crutsinger, Associated Press
Making Sen$e Sep 18 How the Federal Reserve rate cut could affect your finances The Fed’s reduction of the federal funds rate is only one of many factors that affect the U.S. economy, but it can still trigger shifts that trickle down into Americans’ finances. By Gretchen Frazee
Jun 07 U.S. consumer borrowing rose $17.5 billion in April By Martin Crutsinger, Associated Press Consumer credit is a key indicator of the willingness of households to increase borrowing to support consumer spending, which accounts for 70 percent of economic activity. Continue reading
Apr 29 U.S. consumer spending spikes 0.9 percent in March By Martin Crutsinger, Associated Press The March gain was the biggest monthly increase since August 2009, the Commerce Department reported. Continue reading
Dec 10 Column: How to avoid overspending this holiday season By Tanja Hester When you focus on what you value most about the holidays, it’s far easier to moderate your spending, writes Tanja Hester who subscribes to a frugal lifestyle. Continue reading
Oct 26 U.S. economy grows 3.5 percent, boosted by consumer spending By Martin Crutsinger, Associated Press The strongest burst of consumer spending in nearly four years helped offset a sharp drag from trade. Continue reading
Aug 30 U.S. consumer spending up a solid 0.4 percent in July By Martin Crutsinger, Associated Press U.S. consumer spending rose a solid 0.4 percent in July, the sixth straight month of healthy gains. Continue reading