Consumer spending slows sharply as inflation hits home
The numbers: Americans increased spending in May by just 0.2% — the smallest increase in…
Read MoreThe numbers: Americans increased spending in May by just 0.2% — the smallest increase in…
Read MoreThe numbers: A key gauge of U.S. inflation rose 0.6% in May largely due to…
Read MoreThe PCE inflation gauge preferred by the Federal Reserve is forecast to rise 0.7% in…
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Read MoreInflation is changing how and what people eat. More than half of consumers say they…
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Wells Fargo CEO Charles Scharf: ‘Real-estate values moderating in the long term are a good thing’
Mortgage rates have risen, slowing down activity in the housing sector. Wells Fargo — along…
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