U.S. retail spending increased at a solid pace in March, an indication that consumer confidence is growing even as gasoline prices remain high. Consumer spending drives about 70 percent of the U.S. economy, the world's largest. The government said Mo...
BEIJING, April 9 (Xinhua) -- China's consumer confidence increased slightly in March even though inflation rose last month from February. The Bankcard Consumer Confidence Index (BCCI), jointly compiled and released by Xinhua News Agency and China Uni...
U.S. consumer confidence dropped in January. A private research group, the Conference Board, says its monthly survey of consumer sentiment showed people increasingly think jobs are more difficult to find. The group's closely watched index fell from 6...
A series of reports paint a mixed picture of the U.S. economy Tuesday, as consumer confidence rises, home prices fall, and an iconic retailer shuts a number of stores. U.S. consumer confidence hit its highest level in eight months in December as the...
Congress has passed sweeping legislation aimed at making the U.S. food supply safer. The bill gives the government broad new powers to inspect processing plants, order recalls and impose stricter standards for imported foods. And, rather than having...
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This is the VOA Special English Economics Report. Concerns about a double-dip recession were back in the news this week. Some economists warned of the possibility of another downturn if governments withdraw growth measures too quickly. But others war...