Finance ❯ Consumer Spending

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U.S. Retail Sales Jump 0.9% in May as Gasoline Lifts Headline Gains

The Commerce Department’s report strengthens evidence of steady consumer spending and makes near-term Fed easing less likely because core purchases remained firm.

Hassett’s Claim That Americans Are ‘Spending More on Everything’ Draws Widespread Criticism

Consumer Gloom Deepens Even as Retailers Log Record Holiday Traffic

Singles’ Day Nears 1.7 Trillion Yuan as Growth Cools in China’s Spending Squeeze