The Personal Consumption Expenditures index rose 3.8% from the same time last year, the fastest annual rate since May 2023.

Higher-income Americans have driven retail spending growth in recent years, speeding past their low- and middle-income counterparts, according to new research from the New York Fed.

Key economic indicators like unemployment, job openings, and GDP growth were reportedly stronger in 2023 than in 2025. The author attributes the 2025 economic slowdown to uncertainty surrounding Trump ...

Inflation hit a nearly three-year high in April. Prices for the goods Americans buy most are still going up, while consumer sentiment keeps falling.

WASHINGTON (AP) — Powered by strong consumer spending, the U.S. economy grew at the fastest pace in two years from July through September, the government said Thursday in a slight upgrade of its first ...

The Iran war has caused oil prices to spike, leading gasoline prices to jump to their highest level since 2023. That has an outsized impact on lower-income households, exacerbating the so-called ...

There is a simple way to cut through the noise about whose economy is stronger — Donald Trump's or Joe Biden's. Pick a moment in time under each president and compare the numbers side by side. The ...