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Consumer companies fell sharply amid weak economic data. Initial jobless claims rose by 8,000 to to an eight-month high of 247,000 in the seven days ended May 31 based on seasonally adjusted data.
GoodRx tracked how inflation is hitting consumers across different budget categories, including prescription medications.
Americans bought fewer foreign pharmaceuticals, cellphones and cars, and cut purchases of machinery and other supplies.
A key government statistical agency has cut back on its data collection, raising concerns among experts about widely used ...
The federal government is scaling back data collection used to calculate the inflation rate. Economists warn that could make ...
When combining international trade in goods and international trade in services, Canadian exports fell 8.6%, while imports declined 3%. As a result, Canada's trade deficit, incorporating both goods ...
Despite widespread concerns that the trade war is dragging down America’s economy, President Donald Trump has notched quite a few wins on his economic belt in recent weeks.
Millions of seniors rely on Social Security to supplement their savings and help them afford their expenses once their ...
Speaking at the Deutsche Bank Global Consumer Conference in Paris, Procter & Gamble (PG) Chief Financial Officer Andre Schulten said that the company expects to reduce its workforce by up to 7,000 ...
Even before Donald Trump’s “Liberation Day” tariffs on April 2nd, the median estimate among the 48 who were surveyed by the ...
The cutbacks would have “minimal impact,” the government said, but economists warned of reduced confidence in inflation data ...
Consumer companies were more or less flat as traders found the silver lining in weak economic data. In a bad sign for the labor market, private U.S. employers added a paltry 37,000 workers to payrolls ...
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