Personal income

Ian Simmons, Co-Founder and Principal of Blue Haven Initiative, poses at his office in Cambridge, Mass., Friday, Oct. 18, 2019. A handful of billionaires and multimillionaires are making a renewed push for the government to raise their taxes and siphon away some of their holdings. (AP Photo/Michael Dwyer)
October 22, 2019 - 5:15 am
WASHINGTON (AP) — When the grand vacation homes of Newport Beach were empty on a beautiful Memorial Day weekend, Molly Munger decided it was time for the U.S. to consider taxing wealth. As her family's boat moved through the harbor a few years ago, Munger, whose father is a billionaire investor,...
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In this June 14, 2019, photo a pair of shoppers, center, in the Levi's store in New York's Times Square, survey a T-shirt display. On Friday, Aug. 30, the Commerce Department issues its July report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Richard Drew)
August 30, 2019 - 9:46 am
WASHINGTON (AP) — U.S. consumer spending grew 0.6% in July, a healthy gain that suggests American shoppers are largely ignoring concerns about trade tensions and driving the economy forward. The Commerce Department said Friday that personal incomes rose just 0.1%, the smallest gain in 10 months...
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August 02, 2019 - 7:58 am
WASHINGTON (AP) — The Latest on the U.S. employment report for July (all times local): 8:30 a.m. U.S. employers slowed their hiring in July, adding a still-healthy 164,000 jobs to an economy that appears poised to extend its decade-plus expansion. The Labor Department says the unemployment rate...
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FILE - In this May 7, 2019, file photo a clerk restocks items in a newly-opened Amazon Go store in New York. On Friday, June 28, the Commerce Department issues its May report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Mark Lennihan, File)
June 28, 2019 - 8:43 am
WASHINGTON (AP) — Consumer spending increased 0.4% in May, a modest gain that suggests Americans remain confident enough about the economy's outlook to keep shopping. The Commerce Department said Friday that incomes rose 0.5% and inflation remained tame, increasing just 1.5% in the past year. Still...
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FILE- In this Feb. 20, 2019, file photo shoppers ride the escalator at Saks Fifth Avenue's flagship midtown Manhattan store in New York. On Friday, March 29, the Commerce Department issues its January report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/Kathy Willens, File)
March 29, 2019 - 7:55 am
WASHINGTON (AP) — U.S. consumer spending edged up a tiny 0.1 percent in January, while incomes advanced a modest 0.2 percent in February, further evidence that economic activity may have decelerated after strong growth for most of last year. The Commerce Department said Friday that the weak gain in...
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FILE- In this Dec. 24, 2018, file photo Devyn Kirkpatrick looks over a discounted winter coat at a Columbia store as last-minute shoppers finish up their Christmas gift lists at the Outlet Malls in Castle Rock in Castle Rock, Colo. On Friday, March 1, 2019, the Commerce Department issues its December report on consumer spending, which accounts for roughly 70 percent of U.S. economic activity. (AP Photo/David Zalubowski, File)
March 01, 2019 - 9:10 am
WASHINGTON (AP) — U.S. consumer spending tumbled 0.5 percent in December, the biggest decline in nine years, as the holiday shopping season ended in disappointment. Meanwhile, incomes rose sharply in December but edged down in January. The fall in consumer spending followed sizable gains of 0.7...
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December 21, 2018 - 9:21 am
WASHINGTON (AP) — Americans lifted their spending 0.4 percent in November from the previous month, a moderate gain that should sustain steady economic growth. Personal incomes rose 0.2 percent, down from 0.5 percent in the previous month, the Commerce Department said Friday. Consumer spending...
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FILE - In this Tuesday, Dec. 5, 2018 file photo, demonstrators stand at a makeshift barricade set up by the "yellow jackets" protesters to block the entrance of a fuel depot in Le Mans, western France. Even proponents of carbon taxes acknowledge that an increase in fuel taxes can disproportionally hurt low-income people. Energy costs make up a larger portion of their overall expenses, so a fuel price increase eats up more of their paycheck and leaves with less to spend. (AP Photo/David Vincent)
December 06, 2018 - 1:52 am
PARIS (AP) — The "yellow vests" in France are worrying greens around the world. The worst riots in Paris in decades were sparked by higher fuel taxes, and French President Emmanuel Macron responded by scrapping them Wednesday. But taxes on fossil fuels are just what international climate...
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FILE- In this May 30, 2018, file photo, a shopper walks through the updated cosmetic department at a Target store in San Antonio. On Friday, Aug. 10, the Labor Department reports on U.S. consumer prices for July. (AP Photo/Eric Gay, File)
August 10, 2018 - 8:28 am
WASHINGTON (AP) — Consumer prices climbed 2.9 percent in July from a year earlier, a rate of inflation that suggests Americans are earning less than a year ago despite an otherwise solid economy. The Labor Department said Friday that the consumer price index ticked up 0.2 percent in July. Annual...
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