US consumer spending surges in April; inflation heats up
By Lucia Mutikani
Source: gazette.com
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Strong US consumer spending, inflation readings put Fed in tough spot
WASHINGTON — U.S. consumer spending increased more than expected in April, boosting the economy’s growth prospects for the second quarter, and inflation picked…
Source: financialpost.com
US labor market resilient; declining profits a red flag for economy
WASHINGTON — The number of Americans filing new claims for unemployment benefits increased moderately last week and data for the prior two weeks was revised…
Source: financialpost.com
US weekly jobless claims fall; labor market defying recession fears
By Lucia Mutikani
Source: gazette.com
Fed's inflation efforts may be bearing fruit
The recent US economic data suggest that the Federal Reserve's efforts to fight inflation may be working.
Source: chinadaily.com.cn