U.S. government debt yields moved lower Friday as investors digested more somber economic data.The yield on the benchmark 10-year Treasury note fell 2 basis points to 0.595% while the…
Consumer spending tumbled a record 16.4% in April as the backbone of the U.S. economy retrenched amid the coronavirus pandemic, according to a government report Friday.Economists surveyed…
Consumer spending plunged by a record 16.4% in April, but one category saw a bounce: nonstore retailers.Included in this category, which saw an 8.4% month-over-month increase, is online…
American industry suffered the most severe plunge on record last month with factories, mines and utilities battered by the coronavirus pandemic.The Federal Reserve said Friday that its…
Stocks finished Friday with slight gains but the major indexes capped the week with significant losses between a slew of somber economic reports and increasing tensions between China and…
US President Donald Trump participates in a meeting with Supply Chain Distributors to discuss the response to COVID-19 at the White House in Washington, DC, on March 29, 2020.Jim Watson |…
Dow Jones Industrial Average rises 60 pointsBiggest retail sales drop everU.S. monthly retail sales fell by 16.4% in April, a record. So-called core retail sales — which exclude auto,…
U.S. consumer sentiment inched higher in the early part of May after massive stimulus measures undertaken by the government to sustain the economy amid the coronavirus pandemic, according…
Jiyoung Lee knows she’s an unlikely fan of BTS, the South Korean boy band. The seven-member K-pop group has attracted a passionate international following in recent years, selling out…
It’s been five years since “Mad Max: Fury Road” came out in theaters, but if the director George Miller has his way, Furiosa will soon ride again.Just don’t expect Charlize Theron to play…