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U.S. economy grew more than first reported in 2023 fourth quarter
The U.S. economy grew even more in the fourth quarter of 2023 than previously reported. U.S. Gross Domestic Product was revised up to an annual rate of 3.4%, according to a Bureau of Economic Analysis ... Read More
Americans Are Spending on Home Improvements
Spending on building materials and garden equipment jumped by more than 2 percent last month, government data showed. Read More
Unstoppable shopping slows, and that could be a problem for the economy
Why it matters: That's a sharp turnaround from recent years, when shoppers looked unstoppable — even in the face of decades-high interest rates and inflation. Now consumers appear more cautious and ... Read More
Federal Reserve March meeting: Rates hold steady; 3 cuts seen in '24 despite inflation
The Federal Reserve left interest rates unchanged and held to forecast of 3 rate cuts in 2024 despite an inflation uptick. Read More
US consumer confidence steady in March; inflation expectations creep up
U.S. consumer confidence was little changed in March as fading fears of a recession took a backseat to growing concerns about the nation's political environment ahead of November's presidential ... Read More
China's Upbeat Industrial Output, Retail Sales Tempered by Frail Property
BEIJING (Reuters) -China's factory output and retail sales beat expectations in the January-February period, marking a solid start for 2024 and offering some relief to policymakers even as weakness in ... Read More
Stock market today: Wall Street edges back further from its all-time highs
Wall Street slipped a bit further from its record heights. The S&P 500 fell 0.3% Tuesday for its third straight modest drop. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite ... Read More
Your avocado toast could soon get more expensive — again
The average price for a Hass avocado — the variety that’s often found at supermarkets — was $1.04 in September 2023, according to the latest retail-price report from the U.S. Department of Agriculture ... Read More
6 Steps To Take If You Plan To Retire in Hawaii or Another Expensive Place
Retirement can be expensive, and planning for it can be difficult. If you're planning to retire in an expensive location like Hawaii, retirement planning becomes even more important -- especially ... Read More
CPI inflation comes in a tad hotter in February, as expected
The Consumer Price Index advanced 0.4% in February, matching the 0.4% increase expected and slightly accelerating from the 0.3% rise in January (unrevised), the ... Read More
Decentralized Renewable Energy Helps Ukraine Weather Russian Attacks
Vadym Kolisnyk stands on a rooftop on the eastern edge of Zhashkiv. It’s the end of February, and the dark and fog that shroud central ... Read More
The Thames Water crisis is an unseemly stand-off — with Londoners caught in the middle
A 40% rise in bills is a non-starter for all sorts of political and social reasons — and Thames Water knows it. The nine shareholders will surely lose more — financially and reputationally — from a ... Read More
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