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Consumer sentiment worsens as some economists warn of 'stagflation'
Consumer sentiment dampened in September, extending a decline from the previous month as government data showed a hiring slowdown alongside an uptick of inflation, prompting concern about an economic ... Read More
US consumer inflation accelerates; weekly jobless claims approach four-year high
U.S. consumer prices increased by the most in seven months in August amid higher costs for housing and food, but a surge in first-time applications for jobless benefits last week kept the Federal ... Read More
US consumer spending strong; core inflation warmer on services
WASHINGTON, Aug 29 (Reuters) - U.S. consumer spending increased by the most in four months in July while services inflation picked up, but economists did not believe strong domestic demand would ... Read More
Global stocks rise as US inflation data hits forecast
Global stock markets rose on Thursday as US inflation data came in as anticipated, reinforcing the prospect of a Federal Reserve interest rate cut next week. The figure was in line with analysts' ... Read More
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