The best the Fed can do (whether or not tariff shocks appear) is keep nominal spending on a stable trajectory.

The headline index was up 2.3% year-over-year, as expected.

Consumer spending in May fell for the first time this year, the Commerce Department reported Friday, indicating that ...

At the same time, Americans cut back on spending for the first time since January, as overall spending fell 0.1%. Incomes ...

Fed Chair Jerome Powell defends the interest rate pause amid concerns about tariff-driven inflation. Here’s what this means ...

Urban consumption is being supported by increased leisure and business travel, as seen in the rise of air passenger traffic ...

But what would make the 2026 cost-of-living adjustment special is that it would mark the fifth consecutive year of at least a ...

The US Federal Reserve's preferred inflation measure logged a mild uptick Friday while spending weakened, triggering another tirade by President Donald Trump against the central bank chair for not ...

Director of the National Economic Council Kevin Hassett told "Special Report" host Bret Baier he has "high confidence" ...

Income growth is still outpacing inflation, but that gap is narrowing and could start to impact consumer spending.

Investors may not think the economy is taking off, but they are probably relieved that the worst-case scenarios feared in ...

Vanguard, the investment firm, predicts the U.S. stock market as a whole will rise by an underwhelming 3.8% to 5.8% a year ...