'cautious' U.s. Consumers Could Fuel Debate Over Deficits

WASHINGTON -- A tepid gain in consumer spending last month could fuel a debate over whether the United States and other governments should further stimulate their economies to sustain the recovery. A report that Americans spent cautiously in May came after world leaders meeting in Toronto over the weekend pledged to reduce government deficits by cutting spending and raising taxes.

Topics:  we can   washington    a   united states   toronto   president barack obama    u.s    zach pandl   nomura   securities   economic   dan greenhaus   miller   tabak   commerce department   consumer   senate republicans   labor department   the senate   income   personal   peter newland   barclays   capital   employers   economy   americans   obama   pandl   the   fuel   deficits   spending   percent   benefits   government   unemployment   rose   growth   jobs   month   money   recovery   spent   support   economists   governments   workers   census   stimulus   cutting   weeks   reduce   extension   world   lose   grow   countries   time   tens   economist   cut   view   result   
BING NEWS:
  • U.S. Natural Gas Futures Rise on LNG Demand, Lower Ouput
    U.S. natural gas futures were higher ahead of the EIA’s storage report.
    05/2/2024 - 11:59 am | View Link
  • Biden team sets out path for ethanol aviation fuel subsidies
    President Joe Biden's administration on Tuesday released guidance on its sustainable aviation fuel (SAF) subsidy program that allows corn-based ethanol to qualify for the program if it is sourced from ...
    04/30/2024 - 12:32 pm | View Link
  • Biden administration details how producers of sustainable aviation fuel will get tax credits
    The Biden administration is out with new guidelines for tax credits for producers of sustainable aviation fuel ...
    04/30/2024 - 11:46 am | View Link
  • Powell sticks with Fed's cautious rate-cut strategy
    STANFORD, California, April 3 (Reuters) - Federal Reserve officials including U.S. central bank chief Jerome Powell on Wednesday continued focusing on the need for more debate and data before ...
    04/3/2024 - 11:19 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News