U.S. producer prices fell unexpectedly last month, dropping 0.1% from July.

The Federal Reserve’s preferred inflation gauge mostly held steady last month despite President Donald Trump’s broad-based tariffs, but a measure of underlying inflation increased.

In what had long been celebrated every May 30 to honor America’s fallen soldiers, Memorial Day officially became a federal holiday in 1971, observed on the last Monday in May.

U.S. consumer sentiment fell slightly in May for the fifth straight month as Americans increasingly worry that President Donald Trump’s trade war will worsen inflation.

The U.S. economy expanded at a healthy annual 2.4% pace the last three months of 2024, supported by a year-end surge in consumer spending.

U.S. consumer confidence continued its sharp 2025 decline as Americans’ views about their financial futures fell to a 12-year low, driven by rising concerns over tariffs and inflation.

The Trump administration believes a renewed emphasis on biosecurity can help in the battle against bird flu and ease egg prices.

U.S. consumer confidence plummeted in February, the biggest monthly decline in more than four years, a business research group said Tuesday.

U.S. wholesale prices came in hotter than expected last month at a time when progress against inflation appears to have stalled, undercutting expectations for lower interest rates this year.

In what had long been celebrated every May 30 to honor America’s fallen soldiers, Memorial Day officially became a federal holiday in 1971, observed on the last Monday in May.

Signs that inflation pressures in the United States are steadily easing emerged Friday in reports that consumer prices rose in June at their slowest pace in more than two years and that wage growth cooled last quarter.

Consumers picked up their spending modestly in April from March, particularly in dining out and online, buoyed by a solid job market and easing inflationary pressures.

From high thrills to twists and turns -- a look at the four new waterslides now open at Splashway Waterpark.

The Gannett media company is promoting an effort to get Americans who live on either side of the ideological divide to talk to each other.

Jeffrey MacDonald was convicted in 1979 in the three slayings that occurred at his family home at North Carolina's Fort Bragg. Even if they did apply, he added, MacDonald's request should be denied because he's never shown remorse and won’t accept responsibility for his crimes. “This is a request for a person who murdered his wife and his children ... for compassionate release,” Harris said. Harris said the venue for MacDonald to petition for release would be the U.S. Parole Commission. That commission denied his release request in 2005 and set it aside for 15 years.

The Labor Department reported on Thursday, Dec. 10, that the gain in the consumer price index followed an unchanged reading in October and matched the 0.2% September advance. (AP Photo/David Zalubowski)WASHINGTON – U.S. consumer prices increased 0.4% in February, the biggest gain in six months, led by a sharp jump in gasoline prices. The Labor Department said Wednesday that the February advance in its consumer price index followed a 0.3% rise in January and was the largest advance since a similar 0.4% increase in August. Consumer prices are up 1.7% over the past year, a still moderate performance for inflation which is running below the Federal Reserve’s 2% target for price increases. Gasoline costs have been climbing since December, reflecting rising costs of crude oil.

Since making a brief bounce-back from the viral pandemic last spring, consumer spending has barely grown. Friday's government report on consumer spending showed that inflation by a measure preferred by the Fed rose 0.4% in December after no change in October and November. AdThe savings rate remained at an elevated 13.7% of after-tax income in December, up from 12.9% in November. In the final three months of 2020, consumer spending, which accounts for about 70% of the economy, grew at a 2.5% annual rate. Ad“We believe increased vaccinations, stable household finances and rebounding confidence will lift consumer spending growth” this year, Daco said.

A sales associate helps customers as they consider the purchase of a big-screen television at a Costco warehouse on Wednesday, Nov. 18, 2020, in Sheridan, Colo. U.S. consumer confidence fell to a reading of 96.1 in November as rising coronavirus cases pushed Americans confidence down to the lowest level since August. (AP Photo/David Zalubowski)WASHINGTON – U.S. consumer confidence rose in January as Americans became more optimistic about the future. The Conference Board reported Tuesday that its consumer confidence index increased to 89.3, a rebound from December when it dipped to 87.1. The present situation index weakened further, however, reflecting concerns over the resurgence of COVID-19. “The slow rollout of the vaccines and the still raging pandemic continue to depress consumer confidence despite the prospect of further fiscal aid and a brighter and a brighter health situation,” said Kathy Bostjancic, chief U.S. financial economist at Oxford Economics.

(AP Photo/David Zalubowski)WASHINGTON – U.S. consumer prices rose 0.4% in December, led by a sharp rise in gasoline prices. For December, energy prices rose 4% with gasoline prices surging 8.4%. Even with that big jump, gasoline prices are 15.2% below where they were a year ago, when people were still commuting to work. Food costs rose 0.4% in December and are 3.9% higher than a year ago. Core inflation, excluding volatile food and energy, rose a slight 0.1% last month, and just 1.6% over the past 12 months.

– A closely-watched gauge of U.S. consumer confidence tumbled in December as rising coronavirus cases dragged American optimism to its lowest level since the summer. However, rising pessimism is now spreading during the crucial holiday season, which could make or break a number of retailers, airlines, restaurants other sector that have been hammered financially during the pandemic. It may be an ominous sign for an economy in which consumer spending accounts for 70% of all economic economic activity. The index measuring consumers’ assessment of current business and labor market conditions also fell sharply, from 105.9 last month to 90.3 in December. It remains to be seen how Congress' $900 billion relief bill, which was passed Monday and too late for the survey, will affect consumer behavior this winter.

HOUSTON – This year’s Rodeo Uncorked Champion Wine Auction was on Sunday, and the winning wine sold for $220,000. Buyers gathered at the annual auction to spend some money and sample some wine. The grand champion best in show wine, a France’s Piper-Heidsieck Brut, Champagne, NV sold for $220,000 to buyers Katherine Cornell and Tom Pirtle, Kristina and Paul Somerville, Jennifer and Joe Van Matre and Sheridan and John Eddie Williams. The reserve grand champion best in show wine sold for $215,000. Lisa Blackwood, Abbot Downing, Randa and Ray Gilliam and The Murski Family Foundation bought the wine.