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Author Archives: Reuters News

Wall Street opens lower as investors digest data

(Reuters) – U.S. stocks opened slightly lower on Tuesday after a three-day holiday weekend as oil prices fell and investors assessed a barrage of economic data for clues regarding the health of the economy. Read Full Story

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Consumer spending jumps; monthly inflation rebounds

WASHINGTON (Reuters) – U.S. consumer spending recorded its biggest increase in four months in April and monthly inflation rebounded, pointing to firming domestic demand that could allow the Federal Reserve to raise interest rates next month. Read Full Story

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Consumer spending rises; monthly inflation rebounds

WASHINGTON, May 30 (Reuters) – U.S. consumer spending recorded its biggest increase in four months in April and monthly inflation rebounded, pointing to firming domestic demand early in the second quarter that could allow the Federal Reserve to raise interest ...

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