Car sales climb 5.4% and offer fresh proof of strong economy
The numbers: Sales of new cars and trucks in the U.S. rose 5.4% in February, rebounding from a slow start...
Consumer Spending Figures
Bank of America CEO flags tug-of-war between inflation and higher wages but says consumers are still spending
“‘Yes, prices are up, but wages are up, unemployment is down, people are earning money. And so that’s the tug-of-war...
China’s stock market plays catch-up after data shows biggest travel surge since COVID
China’s stock market returned from the week-long Lunar New Year break in chipper mood, playing catch-up with a rally in...
U.S. auto sales softened in January
U.S. new vehicles sales softened in January, the Commerce Department said Friday. January sales of lightweight trucks and autos fell...
Treasury yields dip ahead of GDP and jobless claims data
Bond yields fell early Thursday ahead of an important batch of economic data in the next few sessions that may...
Why no recession? Credit the American consumer.
American consumers were supposed to crumple under the weight of rising interest rates last year. Instead they gave a big...
Opinion: A $45 Stanley water bottle is everything that’s wrong with America right now
I don’t consider myself a deeply religious person. But lately I’ve been thinking of an 11th Commandment I’d like to...
November inflation, consumer spending data are highlights for markets this week
The highlights for markets and economists this coming week will be the U.S. November inflation readings and the latest check-up...
Who needs turkey for Thanksgiving? Many are opting for alligator instead.
Like countless Americans, Kimberly Darling celebrates Thanksgiving with a bountiful, home-cooked feast. Her take on the holiday has a swampy...
Consumer sentiment improves, but Americans still worried about inflation
The numbers: Consumer sentiment improved slightly near the end of November, but Americans are more worried about the economy and...
