Despite inflationary pressures, retail sales in the U.S. continue to stay robust.

1/2 Retail sales increased from April to May, suggesting U.S. consumers remain defiant against lingering inflationary pressures. File photo by John Angelillo/UPI | License Photo June 15 (UPI) — Recent data released on Thursday shows that total retail sales in the U.S. economy have increased in May, indicating that consumers are steadfastly resisting inflationary pressures. …

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Federal Reserve’s Christopher Waller asserts that policy is not determined by the poor management of ‘a small number of banks’

1/2 Poor management at a small number of banks that failed earlier this year should not have an impact on the policies of the Federal Reserve, according to Christopher Waller, the governor of the bank. Photo by Terry Schmitt/UPI | License Photo June 16 (UPI) — While concerns arose regarding stresses within the U.S. banking …

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Industrial activity in the United States stalled in May

1/2 Industrial activity in the U.S. economy barely moved from April to May, suggesting the broader market is starting to cool off. U.S. economy growth does not expand more than 2% over the next few years, data suggest. File photo by Jeff Kowalsky/UPI | License Photo June 15 (UPI) — According to a report from …

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Anticipated Outcome on UPS Union’s Strike Authorization Vote by the Teamsters to be Revealed on Friday

As Teamsters President Sean O’Brien (L) assured Teamster members of working towards the best UPS contract in the union’s history, the results of the strike authorization vote are expected on Friday. Photo courtesy of Teamsters Facebook June 15 (UPI) — As the deadline for a new labor contract approaches on July 31, Teamsters drivers across …

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