U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services.
Read More US inflation rises moderately, consumer spending cools
Tag: Commerce Department
US retail sales report showcases consumer, economic resilience
U.S. retail sales were unchanged in June as a drop in receipts at auto dealerships was offset by broad strength elsewhere.
Read More US retail sales report showcases consumer, economic resilience
US inflation ebbs in May as goods prices fall
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months.
Read More US inflation ebbs in May as goods prices fall
US new home sales slump to six-month low in May
Sales of new U.S. single-family homes dropped to a six-month low in May as a jump in mortgage rates weighed on demand.
Read More US new home sales slump to six-month low in May
Exclusive: Biden to ban US sales of Kaspersky software over ties to Russia, source says
The Biden administration on Thursday will announce plans to bar the sale of Kaspersky Lab’s antivirus software in the United States.
Read More Exclusive: Biden to ban US sales of Kaspersky software over ties to Russia, source says
US retail sales rise less than expected in May
U.S. retail sales barely rose in May, suggesting that economic activity remained lackluster in the second quarter.
Read More US retail sales rise less than expected in May