Audioburstflipped into Business News by AudioburstBusiness Listen: US consumer spending sinks by record 13.6% in face of virus Audioburst - AP News "Consumer spending plunged last month as the corona virus pandemic shuttered businesses and triggered layoffs that have sent the economy into a deep …
MAVEN NETWORKflipped into MishtalkEconomics Income Surges as Spending Drops Most on Record TheStreet - Mish Covid-19 had its hand in one of the most extreme economic reports ever. The BEA's Personal Income and Outlays Report has the curious details of an …
MarketWatchflipped into Politics & EconomyInflation Consumer spending drops 13.6% in April, incomes rise 10.5% MarketWatch - Greg Robb Consumer spending in the U.S. fell 13.6% in April, the government reported Friday. Economists polled by MarketWatch had expected a 13% decrease, …
PBS NewsHourflipped into NationplayBusiness WATCH: Powell says Fed will soon begin 'challenging' Main Street lending pbs.org - Christopher Rugaber, Associated Press WASHINGTON (AP) — Federal Reserve Chair Jerome Powell acknowledged Friday that the Fed faces a major challenge with the launch in the coming days of …
Business U.S. consumer spending tumble in April yahoo.com - Reuters WASHINGTON, May 29 (Reuters) - U.S. consumer spending dropped by a record in April as the COVID-19 pandemic undercut demand, buttressing expectations …
FOX Businessflipped into CoronavirusFriday's Financial Look: Coronavirus Impact (May 29)FOX BusinessBoston could lose $200 million after the city was forced to cancel its annual marathon. Also, a survey found employees want to see physical changes to workplaces post-coronavirus. Keep reading for a look at COVID-19's impact on the financial world on May 29, 2020. Sign up below for the "Fox News Today: The Coronavirus Crisis" newsletter for the latest developments.
