US retail sales unchanged in June, beating forecasts for slight drop

The flat reading in retail sales last month followed an upwardly revised 0.3% gain in May, the U.S. Commerce Department's Census Bureau said on Tuesday. Read More

Cooling US inflation bolsters September rate cut hopes

U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services, underscoring an improving inflation environment that could position the Federal Reserve ... Read More

U.S. retail sales flat in June, beat Dow Jones expectations

Retail sales were flat in June according to the latest report from the Commerce Department released Tuesday but still soundly beat Dow Jones projections that expected to see a decline. The U.S. Census ... Read More

Retail sales unchanged in June from May, underscoring shoppers’ resilience

Shoppers paused their spending in June from May, defying economic forecasts for a pullback and proving their resilience in the face of an uncertain economy. Read More

Flat Retail Sales Report Shows 'A More Discerning Consumer' Keeps Spending, Economists Say

US retail sales remain flat in June, indicating cautious but resilient spending by consumers. Fed still expected to cut rates in September. Read More

US inflation cools again, potentially paving way for Fed to cut interest rates soon

Inflation in the United States cooled in June for a ... On Thursday, PepsiCo acknowledged that its sales volume fell 4% in North America in the April-June quarter after it had aggressively raised ... Read More

US Economy News Today: New Home Sales Plunged in May

She is the Economics Editor for news at ... SALES, MAY 2024." Business Wire. “Middle-Income Households Adjust to Higher Prices as Inflation Concerns Return, Santander US Survey Finds.” ... Read More

Retail Sales Hold Up in June, Defying Forecasts of a Decline

American shoppers' spending was flat last month, bucking economists' expectations for a decline. Retail sales were unchanged in June from the prior month, the Commerce Department said. Economists ... Read More

Instant View: US Inflation Cools in May; Consumer Spending Rises Moderately

(Reuters) - U.S. prices were unchanged in May while consumer spending rose moderately, a trend that could draw the Federal Reserve closer to start cutting interest rates this year. The flat ... Read More

US Wholesale Inflation Picked up in June in Sign That Some Price Pressures Remain Elevated

US Wholesale Inflation ... a measure of wholesale inflation that excludes trade services, food and energy was unchanged from May to June. It helps explain why many economists were not alarmed ... Read More

Retail trade flat in latest ABS data

The small May jump followed a comparatively flat 0.1 per cent rise in April and a 0.4 per ... Ewing warned underlying trends were still “stagnant”. “Retail turnover was boosted this month ... Read More

US inflation cools in May; consumer spending rises moderately

WASHINGTON - US prices were unchanged in May while consumer spending rose moderately, a trend that could draw the Federal Reserve closer to start cutting interest rates in 2024. The flat reading ... Read More