U.S. & Policy

U.S. consumers rethink spending as higher fuel prices squeeze budgets

Higher fuel prices have not stopped U.S. consumer spending, but retailers say shoppers are buying fewer discretionary items and changing where they shop.

U.S. and global economic outlook deteriorates in Trump trade war, IMF says

The IMF said that the global economy will grow just 2.8% this year, down from its forecast in January of 3.3%, according to its la…