US consumer spending took a record nosedive last month as Americans hoarded cash during the coronavirus pandemic, new data show. Personal consumption spending tumbled 13.6 percent in April, marking the largest drop since the feds started tracking the figure in 1959, the US Department of Commerce said Friday. The US savings rate, however, soared to …
With the coronavirus putting a damper on social gatherings — from international travel to dining out — there’s never been a better time to save. Simple steps from rethinking subscriptions to negotiating bills can help consumers shore up their finances even as the pandemic ravages the economy, personal finance guru Nicole Lapin tells The Post. …
US consumer spending took a record nosedive last month as Americans hoarded cash during the coronavirus pandemic, new data show. Personal consumption spending tumbled 13.6 percent in April, marking the largest drop since the feds started tracking the figure in 1959, the US Department of Commerce said Friday. The US savings rate, however, soared to …
