Moderating US Inflation Supported by Consumer Spending Strength

The latest report from the Commerce Department, released on Friday, also highlighted a robust increase in consumer spending last ... buoyed by its enduring labor market vigor. Read More

US economy continues to shine with help from consumers, labor market

WASHINGTON, March 28 (Reuters) - The U.S. economy grew faster than previously estimated in the fourth quarter, boosted by strong consumer spending ... "The labor market is becoming better balanced ... Read More

US Economy News Today: An Old Economic Idea is Being Revived—It Could Impact Your Job

Today, a measure of how much consumers spend was far higher than economists expected and homebuilders will give us insight into the future of the housing market. Read More

US retail sales beat expectations, boost first-quarter growth estimates

U.S. retail sales increased more than expected in March amid a surge in receipts at online retailers, further evidence that the economy ended the first quarter on solid ground. The report from the ... Read More

US fourth-quarter growth revised higher; labor market still strong

Labor market resilience ... 2.5% in 2023, an acceleration from 1.9% in 2022. Growth estimates for the first quarter are converging around a 2.0% pace. Consumer spending, which accounts for more ... Read More

Macro Thoughts – A Return to the Bond Market Driving the Boat

Thought to ponder… “Joy comes to us in moments—ordinary moments. We risk missing out on joy when we get too busy chasing down the extraordinary.” -Brené Brown Daring Greatly The View from 30,000 feet ... Read More

Fed's Daly says there is no urgency to cut rates

Federal Reserve Bank of San Francisco President Mary Daly says there is no urgency to adjust interest rates, given a strong labor market, robust consumer spending, and a slower pace of moderation in ... Read More

Strong US retail sales create fears that there won't any Fed rate cuts until September

Financial markets and most economists have pushed back their expectations for the first rate cut to September from June, and anticipate two rate cuts instead of the three envisaged by policymakers. A ... Read More

Baron Real Estate Income Fund Q1 2024 Shareholder Letter

Baron Real Estate Income Fund increased 1.96% in the first quarter of 2024, outperforming the MSCI US REIT Index, which declined 0.62%. Read More

Strong US retail sales boost first-quarter growth estimates

U.S. retail sales increased more than expected in March amid a surge in receipts at online retailers, further evidence that the economy ended the first quarter on solid ground. Read More

US economy continues to shine with help from consumers, labor market

WASHINGTON (Reuters) - The U.S. economy grew faster than previously estimated in the fourth quarter, boosted by strong consumer spending and business investment ... rate was at 3.9% in February. "The ... Read More