Friday, October 29, 2021

United States consumer spending up a modest 0.6% with inflation high

United States consumer spending up a modest 0.6% with inflation high At the same time, a key inflation barometer that#39;s closely followed by the Federal Reserve surged 4.4 percent last month from a year earlier รข€” the fastest such increase in three decades

from Moneycontrol Business News https://ift.tt/3GwG0i9

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...