Consumer Spending Fell Again in December

For more than a year now, the U.S. economy has faced two fundamental, interwoven challenges: Consumers wouldn’t stop spending, and prices wouldn’t stop rising. Both trends are now showing early…

The White House Calls Out Kevin McCarthy And House Republican Hypocrites For Voting To Raise The Debt Ceiling Without Spending Cuts 3 Times Under Trump

The White House is calling out the hypocrisy of Kevin McCarthy and House Republican hypocrites who voted to raise the debt ceiling with no spending cuts three times under Trump.…

U.S. Pours Money Into Chips, but Even Soaring Spending Has Limits

In September, the chip giant Intel gathered officials at a patch of land near Columbus, Ohio, where it pledged to invest at least $20 billion in two new factories to…

Consumer Spending Cooled in November as Closely Watched Inflation Gauge Slowed

The Federal Reserve’s preferred inflation measure is showing signs of moderating after months of rapid price increases, and a closely watched gauge of consumer spending slowed last month, a sign…

Sen. Ron Johnson Puts GOP Leaders On Blast Over Spending Bill Support

Sen. Ron Johnson (R-Wis.) went after members of his own party on Wednesday over their support of the $1.7 trillion bill to fund the U.S. government. Twenty-one Republican senators voted…

Lawmakers Unveil Spending Bill to Avoid Government Shutdown

The package, which provides roughly $1.7 trillion to keep the government funded, also sets aside billions of dollars more for emergency aid, including over $40 billion for Ukraine, more than…

Congress Clears One-Week Spending Bill to Avert Immediate Government Shutdown

WASHINGTON — Congress cleared a one-week spending bill on Thursday to avert a government shutdown this weekend, buying additional time for lawmakers to resolve frenzied negotiations over a broader spending…

Despite Inflation, Consumers Kept Up Their Spending in October

Americans continued spending in October, with personal consumption expenditures picking up even after adjusting for inflation, new data released Thursday showed. Consumption climbed 0.8 percent in October compared with the…

Conscious spending: Personal finance that’s smart and fun

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US Shoppers Are Still Spending, as Long as Retailers Give Them a Reason

Despite months of unease about the state of the economy, Americans remain willing to spend money on all sorts of goods. But they are making it clear that retailers must…