US consumer prices rise moderately
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There is little evidence that the tariffs implemented by the Trump administration in February and March are feeding through to inflation just yet. The Bureau of Labor Statistics' metric for goods inflation—the index for commodities,
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ESPN said Tuesday that its new all-encompassing streaming service will take on a familiar name — ESPN — and launch in September at an initial price of $29.99 per month.
The U.S. Consumer Financial Protection Bureau is proposing to do away with a registry of nonbank corporate offenders, which was created under the Biden administration to track companies caught violating consumer laws,
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The consumer discretionary sector is particularly sensitive to soft consumer demand and tariff-fueled macroeconomic uncertainty.
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U.S. consumer spending held steady in April, with average credit and debit card purchases per household rising just 1% from the previous year, according to data from the Bank of America Institute. On a month-over-month basis,
President Donald Trump has fired three of five commissioners – the Democrats – appointed to the bipartisan, independent U.S. Consumer Product Safety Commission (CPSC).
Americans haven’t stopped spending despite broad economic uncertainty. But a close look at recent data and trends has fed concerns about a slowdown.
Even in an uncertain macroeconomic environment fueled by tariff concerns, there have been hints of an uptick in consumer spending.
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