U.S. Consumer

Higher interest rates may have helped consumers. That’s according to Ryan Detrick, chief market strategist at Carson Group, who asked: “We know consumers are paying more for things if they are using debt. How can this possibly be a good thing?” He answers by pointing to the...

Friday was a big day for economic data as the latest numbers showed that the U.S. economy grew faster than expected in the fourth quarter and the U.S. consumer is healthier than previously thought. The fourth-quarter U.S. gross domestic product growth came in at 1.0 percent versus economists'...