Consumer spending

WASHINGTON (AP) — A measure of inflation that is closely tracked by the Federal Reserve jumped 6.3% in May from a year earlier, unchanged from its level in April.Thursday’s report from the Commerce Department provided the latest evidence…

Count former U.S. Treasurer Rosie Rios among the experts who sees brighter days ahead for the U.S. economy. If she's right, it could mean good news for businesses and shoppers."I'm much more optimistic about 2022 than I was about 2021,"…

Sticker shock is becoming a regular feature of many consumers’ grocery store trips. Given it is unlikely to dissipate anytime soon, consumers should evaluate changes to their shopping habits.The consumer-price index, which tracks what…