Cash-flush Americans lift U.S. retail sales; shortages depress auto purchases
WASHINGTON (Reuters) – U.S. retail sales unexpectedly increased in June as demand for goods remained strong even as spending is shifting back to [...]
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Government money seen powering U.S. economy in first quarter
WASHINGTON (Reuters) – U.S. economic growth likely accelerated in the first quarter, fueled by massive government aid to households and businesses, charting the [...]
U.S. consumer confidence soars to 14-month high; house prices accelerate
WASHINGTON (Reuters) – U.S. consumer confidence jumped to a 14-month high in April as increased vaccinations against COVID-19 and additional fiscal stimulus allowed [...]
U.S. economy suffers job losses as COVID-19 ravages restaurants, bars
WASHINGTON (Reuters) – The U.S. economy shed jobs for the first time in eight months in December as the country buckled under an [...]
Democrats lift U.S. consumer sentiment; current account deficit widens 52.9%
WASHINGTON (Reuters) – U.S. consumer sentiment increased in early September, with Democrats more upbeat about the economy’s outlook compared to Republicans ahead of [...]