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Why rotary dial toys survived the rise of smartphones | The Guardian

a Fisher Price rotary dial toy
Though real rotary phones have largely vanished from our lives, they live on through children’s play
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Inflation, consumer spending ticked up in April: PCE

Consumer sentiment fell in May, indicating growing anxiety about a downturn.


Summer is here, but with it comes a reminder that the economic picture isn’t changing for the consumer.

On Friday, new data from the Personal Consumption Expenditures Index showed that core inflation ticked up to 4.7% year-over-year in April, up slightly from 4.6% in March. On a monthly basis, core inflation rose 0.4%, compared with 0.3% in March.

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