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WASHINGTON (Reuters) -U.S. consumer spending rebounded in February amid rising prices for goods and services, which could amplify fears that the economy was facing a period of tepid growth and high inflation amid an escalation in trade tensions. The report from the Commerce Department on Friday showed a measure of underlying price pressures increasing by the most in 13 months. Economists say President Donald Trump's protectionist trade agenda, marked by a rush of tariff action announcements since taking office in January, will boost prices of imported goods and drive inflation higher in the months ahead.

Americans increased their spending last month after taking a breather in January, while inflation was a mixed bag, new Commerce Department data showed Friday.

Federal banking regulators pointed to pending litigation as the reason for pulling back the 2023 rule.

Lululemon gets hit on earnings. Here is why.

Shares of apparel retailer Lululemon Athletica sank early Friday as a soft outlook outweighed an estimate-topping fourth quarter reported after the bell Thursday.

Robert Kiyosaki urges investors to ditch “fake money” and start saving silver, gold, and Bitcoin — calling silver the top asset for the next two months and predicting it could hit $200.

Crypto investors have long referred to Bitcoin as "digital gold." If that's the case, then Bitcoin (CRYPTO: BTC) -- just like gold -- should act as a hedge against the type of market volatility and economic uncertainty investors are currently experiencing. In contrast, Bitcoin has fallen nearly 20% from an all-time high of $109,000 in January.

News of the day for March 28, 2025

Sentiment across the European economy weakened again in March, with confidence in services and retail slumping. The euro area’s index fell to 95.2, deepening doubts over recovery momentum.View on euronews

Your day-ahead look for March 28, 2025