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Consumers are spending, but Wall Street and businesses expect a tighter squeeze ahead
Markets
US business activity growth slows in June but services keep humming along
Gastronomy
Specialty Food and Beverage Sales Expected to Reach $207 Billion in 2023 According to the SFA Report
Global Trade
Mexico imposes 50% tariff on white corn imports amid trade dispute with U.S. and Canada
United States
Charitable giving drops for only the fourth time in 40 years: Giving USA report
Politics
Historic First Nomination of Latina to Serve on Federal Reserve Board of Governors
United States
US consumer spending flattens; core inflation still hot
United States
US labor costs increase solidly in first quarter
Money
Companies’ cost inflation is slowing but shoppers may wait for lower prices
Money
48% of Americans Have Less Than $1,000 in Savings, While 20% Have No Savings at All
United States
Return to pandemic hunger levels could signal economic fragility
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