| Aug 7, 2014
| 1:26 PM
Consumers in California are among the heaviest spenders in the country for housing and utilities but spend less than the national average for healthcare, energy, and food and beverages, according to new government data.
So-called personal consumption...
| Jun 19, 2014
| 7:44 AM
A prominent consumer group is calling on 20 hospitals, including three in Southern California, to stop marketing medical tests to patients that the group considers unnecessary and unethical.
Public Citizen said it sent letters to hospitals in eight...
| May 13, 2014
| 6:48 AM
So much for the spring upswing analysts had been expecting: Retail sales were essentially stagnant in April, despite the anticipated boost from warmer weather and a later Easter holiday.
A gauge from the Commerce Department inched up 0.1% last month...
| Jun 23, 2014
| 7:21 AM
About 26% of Americans have no money saved to handle emergencies, according to a new poll that showed households making little progress over the past year in their ability to deal with financial trouble.
The Bankrate.com survey results released Monday...
| Jul 8, 2014
| 1:29 PM
Americans borrowed $19.6 billion more in May in consumer credit, although growth slowed from the previous month's torrid pace, the Federal Reserve said Tuesday.
Outstanding consumer credit, which includes auto and student loans as well as credit card...
| Jul 17, 2014
| 7:47 AM
Nearly two-thirds of voters think the stock market is rigged against them and a majority believe Wall Street and big banks hurt average Americans, according to poll results from a pro-regulation group.
The survey by Better Markets, a nonprofit...
| Aug 14, 2014
| 8:38 AM
The Eurozone's feeble recovery came to an outright halt in the second quarter, the latest in a batch of disappointing global economic indicators that have clouded the prospects for American growth.
Economic output in the 18-nation Euro area stalled in...
| May 7, 2014
| 1:44 PM
Consumers increased their borrowing in March by the largest amount in more than a year in a sign of increased economic growth this spring.
Outstanding consumer credit, which includes credit card balances and auto and student loans, jumped $17.5...
| Jul 22, 2014
| 7:27 AM
A big jump in how much Americans pay at the gas pump pushed consumer prices up 0.3% in June, but the overall inflation trend remained steady, the Labor Department said Tuesday.
The rise in the Consumer Price Index was less than the seasonally adjusted...
| May 15, 2014
| 12:41 PM
The cost of living climbed in April at the quickest pace since last summer, a sign that the economy may be picking up speed.
The consumer price index rose 0.3% last month, the biggest gain since June, the Labor Department said Thursday. Over the last 12...
| Jul 30, 2014
| 12:53 PM
Despite the economic rebound and sharp drop in the unemployment rate recently, Federal Reserve officials still see considerable weakness in the labor market and remain very cautious about moving away from their easy-money policy.
The Fed, in a statement...