By Mariah Brown Consumer prices barely increased in February but the Federal Reserve Board raised interest rates because of increasing inflation, signaling the strength of […]
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Trade Deficit Soars to Highest Level in Nearly Five Years
The U.S. trade deficit in January widened to its highest level since March 2012 – unwelcome news for the Trump administration, which recently decried deficits […]
Amid slight decrease in auto sales, discounts continue for buyers
The pace of sales slowed down this month, but low gas prices and incentives rolled out by automakers continue to drive the sales of trucks […]
Personal Income Rises, But Buying Power Dwindles With Inflation
Personal income increased in January but the gains were eaten up by rising prices. Personal income rose 0.4%, exceeding a 0.3% expectation. Consumer spending figures […]
Housing Prices Cap Off 2016 With A High
Consumers cast a strong vote of confidence in the Trump administration as they pushed housing prices up with prospects of a growing economy. The Case […]
Increase in January’s Durable Good Orders, Promising for 2017
The first durable good orders report for 2017 showed an overall increase, but the uptick is largely due to large commercial and military aircraft orders […]
January Retail Sales Surpass Expectations
Trump’s presidency started on a good note with consumers as retail sales increased more than expected for January. A Commerce Department report on Wednesday showed […]
Consumer Prices Rise, Inflation Creeps Higher
An acceleration in consumer prices, for the month of January, could push the Federal Reserve to raise interest rates. The consumer price index, a scale […]
Trade Deficit Narrows, Ending Widest Year Since 2012
The U.S. trade deficit narrowed slightly in December as exports outpaced imports, a welcome development for President Donald Trump as he sets out to shrink […]
The Cost of Minimum Wage in Home Care
For JoAnn Holmes, a 65-year-old home health aide with 30 years of experience, getting by on $10 an hour was always difficult. It got harder […]