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Jones Act waiver has limited effect on gas prices
A federal shipping waiver aimed at easing fuel transport costs has had little impact on U.S. gasoline prices, according to Reuters analysis.
US consumer spending rises as Iran war fuels inflation
U.S. consumer spending rose 0.4% in January as inflation remained elevated and the Iran war pushed energy prices higher, complicating the Federal Reserve rate outlook.
US consumer spending rises as labor market stays weak
US consumer spending rose 0.5% in November, but a weak labor market and a falling saving rate highlight uneven economic conditions, federal data showed.
US third-quarter economic growth revised slightly higher
US third-quarter economic growth was revised slightly higher to a 4.4% rate, driven by stronger exports and business investment, federal data showed.
