U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...

The U.S. economy grew 2.3% in the fourth quarter as consumers again powered gains. Here's what the showing could mean for Fed ...

The Federalist's Sean Davis in an interview with FOX News host Will Cain on Monday discussed Elon Musk and DOGE uncovering ...

A resilient labor market supported strong consumer spending last year. Americans’ spending accounts for about 70% of the US economy. Business investment also fueled growth in 2024, though it ...

The new report finds consumer spending in December shot up 0.7% from ... of consumer stress" with the share of active credit card accounts making just the minimum payment hitting a 12-year high ...

Sometimes the scorecard of the U.S. economy, known as GDP, tells the whole story. But not for the fourth quarter. The economy was stronger than it looked.

U.S. consumers spent more in December, saved less and pushed more debt to credit cards. The PCE index found consumers saving ...

Economists expect pre-emptive buying continued in January. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, jumped 0.7% in December after an upwardly revised 0.6% ...