WASHINGTON (Reuters) – U.S. consumer spending increased more than expected in September, keeping it on a higher growth path heading into the fourth quarter, while monthly inflation was elevated. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, surged 0.7% last month, the Commerce Department’s Bureau of…Read More
Related Posts
Wall Street slips following latest signs of slowing economy
NEW YORK -- Stocks on Wall Street mostly slipped Wednesday following the latest signals that the U.S. economy is slowing under the weight of much higher interest rates.
Middle East conflict adds new risks to global economic outlook
DALLAS (Reuters) - The outbreak of military conflict in the Middle East may leave central bankers battling new inflationary trends as well as deal a blow to economic confidence at…
Newburyport took hundreds of prime waterfront parking spots to expand a park prompting a major…
NEWBURYPORT -- Andy Port was walking along the waterfront on a recent afternoon, just next to the construction site in Market Landing Park that is the center of a major…
