December Consumer Spending Slips But Estimate of U.S. GDP Increased

U.S. consumer spending encountered its biggest decline in December and at a rate not seen since late 2009.

U.S. Treasury, Commerce Departments Publish New Amendments, Regulations for Renewed Relations with Cuba

By Michael Oleaga
The U.S. Department of Commerce and Treasury Department announced the regulatory amendments for the renewed diplomatic relations between the U.S. and Cuba.

US Retail Sales 2014 Remain Flat: July Sales Weakest in Six Months as Analysts Blame Consumers Frugality

By Michael Oleaga
Retail sales figures for July were the worst in six months, according to the U.S. Department of Commerce.
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