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Inflation Ticks Up, Spending Slips As Trump's Tariffs Tighten Grip On Economy
Consumer spending cooled in May as inflation crept higher, signaling new pressure on Americans' wallets amid President Donald Trump's sweeping tariffs.
The Federal Reserve's primary inflation reading, the personal consumption expenditures price index, rose 0.1% in May to an annual rate of 2.3%, according to Bureau of Economic Analysis data released on Friday, June 27. Those increases matched ones forecasted by Dow Jones economists, CNBC reported.
Core inflation, which excludes food and energy, rose by 0.2% in May to 2.7%, slightly ahead of the 0.1% and 2.6% forecasts. Th…
NJ's Spirit Halloween Hiring 50K Workers To Prepare For 'Killer Season': How To Apply
Summer is just beginning, but Halloween lovers looking for some extra cash can already get started on spooky season.
Spirit Halloween is hiring for more than 50,000 retail jobs, the retailer said in a news release on Wednesday, June 25. The company based in Egg Harbor Township, New Jersey, is aiming to open more than 1,500 temporary stores across the US and Canada.
According to Spirit Halloween, workers will enjoy perks like flexible schedules, competitive pay, and a premium incentive program.
"With the anticipation for Halloween at an all-time high, we are committed to creating the s…
