Stocks are opening lower on Wall Street Wednesday as traders absorb some discouraging news about how much Americans are spending...
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Consumers picked up their spending from May to June, underscoring their resilience despite painfully higher prices at the gas pump and in grocery aisles and allaying fears that the economy might be on...
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Stocks fell on Wall Street Thursday as investors reviewed the latest economic data and corporate earnings amid lingering concerns about inflation and rising interest rates...
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Retail sales rose modestly in March, but higher prices for food, gasoline and other basics took a big share of consumers' wallets...
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Fueled by pay gains, solid hiring and enhanced savings, Americans sharply ramped up their spending at retail stores last month in a sign that many consumers remain unfazed by rising inflation...
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Prices at the wholesale level surged by a record 9.7% for all of 2021, setting an annual record and providing further evidence that inflation is still present at all levels of the U.S. economy...
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Americans continued to spend at a solid clip in September even while facing sticker shock in grocery aisles, car lots and restaurants as snarled global supply chains slow the flow of goods...
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Best Buy Co. has raising its full-year sales outlook after the nation’s largest consumer electronics chain posted fiscal second-quarter results that beat Wall Street’s projections...
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Macy’s swung to a profit during the second quarter from its year- ago loss and posted strong sales as newly vaccinated shoppers bought dresses, luggage and other items...
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Walmart is raising its outlook for the year as Americans, coming out of hibernation, returned to shopping for back-to-school clothes and travel goods during the fiscal second quarter...
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