Consumer spending rose again in June to cap off a strong second quarter, but households had to dig deep into their savings to pay for their purchases after a recent surge in inflation.

The U.S. economy expanded at a sluggish 1.5% pace from April through June as rising imports weighed on growth, yet consumers continued to spend.

US economic growth slowed more than expected in the second quarter, though consumer spending seemed to shrug off intensifying ...

Bank of America data shows credit and debit card spending rose 6.3% in June, with restaurants and bars in host cities seeing the biggest gains.

WASHINGTON (Reuters) -U.S. consumer spending increased by the most in four months in July while services inflation picked up, but economists did not believe strong domestic demand would prevent the ...

US economic growth slowed to 1.5% in the second quarter as weaker net exports offset robust consumer spending and strong ...

Strong household spending and AI-driven business investment kept domestic demand resilient despite slower GDP growth, a wider ...

By Prakhar Srivastava July 28 (Reuters) - Visa beat Wall Street estimates for third-quarter revenue and profit on Tuesday, as ...

Slower consumer spending could negatively impact the company's only profitable business.

If America’s economy has a prosperous holiday season, the data suggests, we’ll have rich folks to thank. The top 10% of earners now account for roughly half of all consumer spending, according to a ...

System-wide sales increased 5.3% to $1.4B. Domestic same-store sales fell 7.5% during the quarter at company-owned stores, ...