Consumer spending falls in February - Closing...

The Labor Department said today that 206,000 new jobs were created in June and the May jobs number was revised down; wages rose 0.3% last month; stocks, bonds and the British pound all rose today after the Labour Party’s resounding victory; Saks Fifth Avenue is buying Neiman Marc ...  Show more

Markets hit new highs; Fed minutes show a wait and see approach to rate cuts; Labor market shows more signs of slowing; Skydance-Paramount deal back on. 

Some prices increased more slowly last month; consumer spending rose, driven by higher gas prices; the Biden administration unveils a new worker training program. 

Stocks fall; rent and gasoline push up consumer prices; Social Security benefits to rise by less than last year; new jobless claims unchanged from prior week. 

Stocks close mixed; year-over-year inflation steadily ticking down; Fed chair Jay Powell says data in line with Fed’s expectations; consumer spending rises.