Category: Economy

US economic growth hits its lowest level in 3 years

The U.S. economy turned in the weakest performance in three years in the January-March quarter as consumers sharply slowed their spending. The result repeats a pattern that has characterized the recovery: lackluster beginnings to...

Consumer prices down 0.3 percent in March

U.S. Gasoline prices nationwide have dropped 24 cents per gallon since the start of June on ample oil supplies worldwide. Consumer prices fell in March by the largest amount in more than two years,...