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Surge in consumer spending in April

U.S. consumers ramped up their spending in March at the fastest pace in 4½ years, a sign that the economy is gaining momentum after...

Consumer spending down amid slowdown in economy

Consumer spending fell in April for the first time in almost a year and inflation pressures were subdued, pointing to a slowdown in economic...

Economists say shopping surge will continue

Shoppers' holiday-season splurge was likely a preview of what's to come in 2011, and economists say it should embolden companies to expand and hire. Americans...