U.S. consumer confidence deteriorated in December amid deepening anxiety over jobs and income, consistent with economists' expectations for a sharp moderation in consumer spending after it surged in the third quarter.
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US Manufacturing Production Unchanged in Nov.
U.S. factory production was unchanged in November after declining in October as motor vehicle output fell following the expiration of tax credits for electrical vehicles.
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Gas prices fall to four-year lows as millions embark on holiday road trips
The average price of unleaded gasoline in the U.S. is at its lowest since 2021, according to AAA.
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US Economy Expands a Surprising 4.3% in Q3
The U.S. economy economy expanded at a surprisingly strong 4.3% annual rate in the third quarter as consumer spending, exports and government spending all grew.
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Cautious Shoppers Step up Holiday Season Spending
Consumers stepped up gift giving during the first seven weeks of the holiday shopping season, according to new data released Tuesday.
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Issa Urges Strong US Response to South Korea Trade Laws
A strong U.S. response is necessary to counter the South Korean government's targeting of American businesses and citizens through new trade laws, Rep. Darrell Issa, R-Calif., wrote Monday in an opinion piece for the Daily Caller.
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