he U.S. economy grew at its slowest pace in nearly two years as a jump in imports to meet still-strong consumer spending widened the trade deficit.
Read More US economic growth slows in first quarter; inflation surgesTag: Commerce Department
US monthly inflation slows; consumer spending surges
U.S. prices increased less than expected, with the cost of services outside housing and energy slowing significantly.
Read More US monthly inflation slows; consumer spending surgesUS fourth-quarter growth revised higher; labor market still strong
The U.S. was boosted by strong consumer spending and business investment in nonresidential structures.
Read More US fourth-quarter growth revised higher; labor market still strongUS new home sales unexpectedly fall in February
New home sales slipped 0.3% to a seasonally adjusted annual rate of 662,000 units last month.
Read More US new home sales unexpectedly fall in FebruaryFed rate cut seen on track for June even as inflation bumps up
Traders speculate on the Federal Reserve’s next move, predicting potential interest-rate cuts to address economic trends.
Read More Fed rate cut seen on track for June even as inflation bumps upUS retail sales tumble in January; weekly jobless claims fall
Economists cautioned the decline may be due to winter storms and technical factors.
Read More US retail sales tumble in January; weekly jobless claims fall