An inflation gauge closely watched by the Federal Reserve remained high last month even before the impact of most tariffs has ...

U.S. retail sales rebounded marginally in February as consumers pulled back on discretionary spending, reinforcing the ...

Spending on nondurable goods such as food and beverages also rose. But consumers are pulling back on discretionary spending. Outlays on services edged up 0.2%, with receipts at restaurants ...

services sector will continue to grapple with uncertainty in discretionary spending from its clients in FY26 in the absence of rate cuts and a conducive business environment in the US, the largest ...

“These expenses account for around 95% of their after-tax income,” Bank of America data revealed, leaving little room for discretionary spending. Despite rising costs, discretionary spending ...

WASHINGTON (Reuters) -U.S. consumer spending rebounded in February amid ... a recession. The United States' trade partners are expected to retaliate through duties of their own.

BENGALURU: The IT services sector is likely to witness slowdown in discretionary spending in coming quarters, considering the present global uncertainty and dem ...

BENGALURU, March 21 (Reuters) - India's information technology companies, among the worst-performing sectors this year, may ...

Indian IT firms face challenges amid market volatility and declining stock prices, influenced by potential tariffs and ...

WASHINGTON (Reuters) - U.S. consumer spending rebounded less than expected in February ... U.S. Treasury yields fell. With ...