Tag Archives: Federal Reserve

US Stocks Fail to Secure Wall Street Gain for Sixth Week in a Row

The winning streak couldn’t last forever, and US stocks finally hit a small speed bump on Friday and closed lower for the first time after five weeks of gains and record highs. The good news is that the retreat in … Continue reading

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Americans Love Debt Again: Consumer Credit Card Spending Surges by $8.8 Billion

Consumers seem to have forgotten their lesson that debt is not their friend. In what might be a positive sign for the economy that consumer spending is increasing, the April data from the Federal Reserve isn’t good news for those … Continue reading

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