Economics ❯Inflation

Consumer Spending

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Federal Reserve Holds Rates Steady as Tariffs Add Inflation Pressure

The Fed maintains its benchmark rate at 4.25%–4.50%, keeping borrowing costs high while markets anticipate potential rate cuts by July.

Pomella to Close in May Due to Rising Costs and Declining Revenue

Metro by T-Mobile Launches Prepaid Plans with 5-Year Price Guarantee

Global Wine Industry Faces Record Declines in Production and Consumption

Domino's Expands Delivery Reach with New DoorDash Partnership

UK Food Inflation Rises to 2.4% as Retailers Brace for New Cost Pressures

Kohl's Halts Amazon Returns at Select Stores in Strategic Test

Hudson's Bay Awaits Court Approval for Liquidation After 355 Years

Dollar General Faces Mixed Earnings, Plans Store Closures as Inflation Strains Shoppers

Target Announces $15 Billion Growth Plan by 2030 Amid Challenges

Trump's Tariff Plans Threaten North American Trade and Auto Industry

Average IRS Tax Refunds Down 32% as Filing Season Progresses

Chipotle to Hire 20,000 Workers for Spring 'Burrito Season'

Denny’s Plans to Close Up to 90 Restaurants in 2025

Colgate-Palmolive Reports Mixed Q4 Results with Sales Challenges in Key Markets

U.S. Store Closures Surge to Highest Level Since Pandemic