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By now, all seniors on Social Security should have gotten their first checks for 2025. With the latest 2.5% cost-of-living adjustment (COLA) in effect, the average benefit has climbed to $1,976 ...
Americans stepped up their spending at retailers last month in the latest sign that healthy consumer spending is driving the economy's steady growth. Retail sales rose 0.4% from September to ...
The Bureau of Labor Statistics reports that consumers' costs have grown on the order of 2% since the end of 2023. For elderly individuals who may spend more than younger people do on services like ...
In October, Republicans reported a much clearer drop in sentiment than Democrats. Still, consumers have kept spending despite their gloomy responses to economic confidence surveys, buoying the economy. Growth likely reached 3.2% in the July-September quarter, a healthy pace, according to the Federal Reserve Bank of Atlanta. 10/11/2024 11:14 -0400
October retail sales grew from the prior month, reflecting continued resilience in the American consumer. Retail sales rose 0.4% in October. Economists had expected a 0.3% rise in spending ...
The figures, announced Thursday, marked a clear sign that consumers are still able and willing to shop, and the data bodes well for 2025 even as shoppers remain deal-focused. Retail sales rose 0.4 ...
When adjusted for inflation, consumer spending rose 0.3% after edging up 0.1% in October. The so-called real consumer spending is running at an annualized rate of 3.1% in the first two months of ...
Social Security recipients could get an additional $2,400 a year in benefits if a new bill recently introduced to Congress wins approval — something seniors would no doubt welcome as surging ...