Page 33 - Christopher Rupkey News Today

WASHINGTON (AP) -- Inflation is raging. The stock market is tumbling and interest rates rising. American consumers are depressed and angry. Economists

By Lucia Mutikani

U.S. job openings fell less than expected in May, pointing to a still tight labor market that could keep the Federal Reserve on an aggressive monetary policy path as it battles high inflation. ...

U.S. consumer spending rose less than expected in May as motor vehicles remained scarce while higher prices forced cutbacks on purchases of other goods, another sign that the rebound in economic growth early in the second quarter was losing steam.

U.S. manufacturing activity slowed more than expected in June, with a measure of new orders contracting for the first time in two years, signs that the economy was cooling amid aggressive monetary policy tightening by the Federal Reserve. The survey from the Institute for Supply Management (ISM) on Friday also showed a gauge of factory ...

U.S. consumer spending rose less than expected in May as motor vehicles remained scarce, while higher prices forced cutbacks on purchases of other goods, another sign that the rebound in economic growth early in the second quarter was losing steam.

In May, sales of new U.S. single-family homes unexpectedly increased, but this is expected to be temporary

WASHINGTON—The U.S. trade deficit in goods narrowed in May as exports increased strongly, suggesting that trade could contribute ...

The U.S. trade deficit in goods narrowed in May as exports increased strongly, suggesting that trade could contribute to economic growth in the second quarter for the first time in nearly two years. The report from the Commerce Department on Tuesday also showed solid increases in wholesale and retail inventories. While those gains, combined with ...

Inflation and rising interest rates remain top of mind for consumers despite a strong labor market