Tag: Consumer spending
Earnings boom is expected a year after pandemic-driven skid
LOS ANGELES — Wall Street is gearing up for a slew of blockbuster earnings over the next few weeks as companies issue their results...
Retail sales were flat in April as stimulus spending wanes
NEW YORK — Retail sales in the U.S. were flat in April, after soaring in March, when many Americans received $1,400 stimulus checks that...
Powell’s high-stakes bet: More jobs but only mild inflation
WASHINGTON — With employers hiring, consumers spending and companies raising some prices, Federal Reserve Chair Jerome Powell is embarking on a high-stakes gamble.
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From job cuts to online commerce, virus reshaped US economy
WASHINGTON — At first, it was expected to be brief. At least that was the hope.
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