Consumer spending

In this photo taken Sunday, Nov. 10, 2019, shoppers react as they take part in a promotion ahead of Nov. 11 Singles day in Beijing. Chinese online shoppers hunt bargains on Singles Day, a holiday invented in the 1990s that has become the world's busiest day for online commerce. (AP Photo/Ng Han Guan)
November 11, 2019 - 5:51 am
BEIJING (AP) — Chinese e-commerce giants Alibaba and JD.com reported nearly $60 billion in sales Monday part way through Singles Day, an annual marketing event that is the world's busiest online shopping day. The day was a temporary relief to retailers that face fading demand as Chinese consumers,...
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In this photo taken Sunday, Nov. 10, 2019, shoppers react as they take part in a promotion ahead of Nov. 11 Singles day in Beijing. Chinese online shoppers hunt bargains on Singles Day, a holiday invented in the 1990s that has become the world's busiest day for online commerce. (AP Photo/Ng Han Guan)
November 11, 2019 - 4:15 am
BEIJING (AP) — Chinese e-commerce giants Alibaba and JD.com reported a total of more than $55 billion in sales Monday midway through Singles Day, an annual marketing event that is the world's busiest online shopping day. The day was temporary relief to retailers facing fading demand as Chinese...
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This Sunday, Aug. 11, 2019, photo shows credit cards in New Orleans. On Thursday, Nov. 7, the Federal Reserve releases its August report on consumer borrowing for September. (AP Photo/Jenny Kane)
November 07, 2019 - 5:08 pm
WASHINGTON (AP) — Consumer borrowing rose in September at a modest pace, driven by more student and auto loans, though a category that mostly includes credit cards fell for the second straight month. The Federal Reserve said Thursday that overall consumer borrowing increased 2.8% to $4.15 trillion...
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FILE - In this June 19, 2019, file photo the Washington news conference of Federal Reserve Chair Jerome Powell appears on television screen on the trading floor of the New York Stock Exchange shows the rate decision of the Federal Reserve. The Fed concludes its two-day meeting Wednesday, Oct. 30. (AP Photo/Richard Drew, File)
October 30, 2019 - 2:30 pm
WASHINGTON (AP) — The Federal Reserve cut its benchmark interest rate Wednesday for the third time this year to try to sustain the economic expansion in the face of global threats. But it hinted that it won't likely cut again this year. The Fed's move reduces the short-term rate it controls — which...
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FILE - In this July 22, 2019, the container ship Kota Ekspres is unloaded at the Port of Oakland in Oakland, Calif. On Wednesday, Oct. 30, the Commerce Department issues the first estimate of how the U.S. economy performed in the July-September quarter. (AP Photo/Ben Margot, File)
October 30, 2019 - 8:51 am
WASHINGTON (AP) — The U.S. economy slowed to a modest growth rate of 1.9% in the summer as consumer spending downshifted and businesses continued to trim their investments in response to trade war uncertainty and a weakening global economy. The Commerce Department reported Wednesday that the July-...
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October 17, 2019 - 10:34 pm
BEIJING (AP) — China's economic growth slowed to a 26-year low in the latest quarter as a tariff war with Washington weighed on exports and auto sales and other domestic activity weakened. The world's second-largest economy expanded by 6% in the three months ending in September, down from the...
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FILE - In this Oct. 7, 2019, file photo traders Ashley Lara and John Santiago confer as they work on the floor of the New York Stock Exchange. The U.S. stock market opens at 9:30 a.m. EDT on Wednesday, Oct. 16. (AP Photo/Richard Drew, File)
October 16, 2019 - 4:57 pm
A day of mostly listless trading on Wall Street ended Wednesday with modest losses as the stock market gave back some of its gains from the day before. Technology stocks accounted for most of the selling, which lost some of its momentum toward the end of the day. Energy companies also fell...
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In this Sept. 23, 2019, photo shoppers examine refrigerators at a Home Depot store location, in Boston. On Wednesday, Oct. 16, the Commerce Department releases U.S. retail sales data for September. (AP Photo/Steven Senne)
October 16, 2019 - 10:14 am
WASHINGTON (AP) — Retail sales dropped in September by the largest amount in seven months, possibly signaling that rising trade tensions and turbulent markets are having an impact on consumer spending. Retail sales fell 0.3% last month following a 0.6% gain in August, the Commerce Department...
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In this Sept. 23, 2019, photo shoppers examine refrigerators at a Home Depot store location, in Boston. On Wednesday, Oct. 16, the Commerce Department releases U.S. retail sales data for September. (AP Photo/Steven Senne)
October 16, 2019 - 9:56 am
WASHINGTON (AP) — Retail sales dropped in September by the largest amount in seven months, possibly signaling that rising trade tensions and turbulent markets are having an impact on consumer spending. Retail sales fell 0.3% last month following a 0.6% gain in August, the Commerce Department...
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In this Sept. 23, 2019, photo shoppers examine refrigerators at a Home Depot store location, in Boston. On Wednesday, Oct. 16, the Commerce Department releases U.S. retail sales data for September. (AP Photo/Steven Senne)
October 16, 2019 - 8:34 am
WASHINGTON (AP) — Retail sales dropped in September by the largest amount in seven months, possibly signaling that rising trade tensions and turbulent markets are having an impact on consumer spending. The Commerce Department said Wednesday that retail sales fell 0.3% last month following a 0.6%...
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