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Credit card company reports show conflicting signals stemming from attitudes towards inflation, and especially tariffs.
Surge in import activity undercuts GDP growth as consumer spending slows and inflation ticks up according to new Commerce ...
The U.S. economy has entered turbulent waters, contracting at an annualized rate of 0.3% in the first quarter of 2025, ...
The Federal Reserve’s preferred inflation gauge stalled in March for the first time in nearly a year and consumer spending ...
President Donald Trump’s aggressive tariff plan was largely expected to impact the US economy’s first-quarter performance as ...
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Audacy on MSNThe GDP falls, sparking alarm as consumers tighten spendingDuring the first quarter of this year, real gross domestic product (GDP) in the U.S. fell at an annual rate of 0.3%, ...
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Al Jazeera on MSNConsumers, businesses less upbeat about US economy despite Trump’s hypeSurveys show businesses and consumers are pessimistic about economic outlook as Trump completes 100 days in office.
Still, Bernstein sees a roughly 50/50 chance of a US recession because of the stagflationary shock from tariffs, which are expected to simultaneously slow the economy and increase prices. The policy ...
US consumer confidence has fallen to its lowest level since the onset of the Covid-19 pandemic, according to survey data ...
Consumer spending is the main engine of the economy, accounting for 70% of all activity. The big question is whether ...
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