A key measure of inflation showed price increases slowing down in June, while Americans' incomes and spending rose — signaling better-than-expected momentum in the economic recovery.
Congo Square Under Siege: The Latest Threat to Black Culture’s Ground Zero in New Orleans
Charles Maldonado/The LensPortia Pollack, 60, lived in a cottage in New Orleans’ Seventh Ward, downriver from Louis Armstrong Park. A physical therapist by trade, she was a percussionist in the Sunday drum gatherings at Congo Square, a corner of the park facing Rampart Street.With swinging dreadlocks and a sunny smile, Portia was a mainstay of 33 years with Bamboula 2000 and its successor, the Congo Square Preservation Society, led by veteran percussionist Luther Gray.
BurberryThis is a preview of our pop culture newsletter The Daily Beast’s Obsessed, written by senior entertainment reporter Kevin Fallon. To receive the full newsletter in your inbox each week, sign up for it here.This week:Crying and cringing my way through the Olympics.The pornographic glory of celebrity fragrance ads.DaBaby is dumb, and that’s important.Justice for Queen Deborah Cox!A lil’ thank you.Shirtless Adam Driver on a Horse. It’s Called Art, Sweetie.
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U.S. consumer spending rises strongly in June; inflation increasesU.S. consumer spending rose more than expected in June as vaccinations against COVID-19 boosted demand for travel-related services and recreation, but part of the increase reflected higher prices, with annual inflation accelerating further above the Federal Reserve's 2% target.
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Inflation soars again in June, PCE shows, as shortages plague the U.S. economyThe economy is growing rapidly, but there’s a big mismatch between how much customers want to buy and how much businesses can produce. That yawning divide is what’s triggered the surge in inflation.
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U.S. pending home sales dip in June after surging in prior monthPending home sales fell 1.9% in June after a strong gain in the prior month, the National Association for Realtors reported Thursday.
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Household Spending Rose in June, Before Delta Variant UpswingU.S. households boosted spending last month, though the current increase in Covid-19 cases related to the Delta variant and higher inflation are injecting uncertainty into the economic outlook.
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Consumers boost spending in June and spearhead U.S. economic recoveryFreed from most Covid restrictions Americans spent liberally in June on travel, vacations and other services they shunned during the pandemic. Consumer...
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U.S. consumer spending rises strongly in June; inflation increasesU.S. consumer spending rose more than expected in June as vaccinations against COVID-19 boosted demand for travel-related services and recreation, but part of the increase reflected higher prices, with annual inflation accelerating further above the Federal Reserve's 2% target.
Consulte Mais informação »