Consumer spending soared in March as Americans tried to get ahead of tariffs [CNN]
PNC Financial Services Group, Inc. (The) (PNC)
Last pnc financial services group, inc. (the) earnings: 4/15 06:41 am
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Source: CNN
Consumer spending leapt 0.7% from February, according to a Commerce Department report released Wednesday that showed Americans shelled out last month for durable goods, particularly automobiles. The Commerce Department's Personal Income and Outlays report — which provides the most comprehensive federal data on spending, income as well as the Federal Reserve's preferred inflation gauge — further reinforced what the recent retail sales data and anecdotal evidence have been indicating: Americans picked up their spending and likely pulled forward some purchases out of fear that President Donald Trump's tariffs will raise prices in the months to come. But as of March, price hikes were held in check and overall inflation slowed to its lowest rate since September — in part due to recession fears weighing down oil prices. Wednesday's report from the Commerce Department showed that the Personal Consumption Expenditures price index — the Fed's favored inflation gauge — rose 2.3% in March
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PNC
News
- The PNC Financial Services Group (NYSE:PNC) had its "buy (b)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- The PNC Financial Services Group (NYSE:PNC) had its price target raised by analysts at Truist Financial Corporation from $210.00 to $229.00. They now have a "hold" rating on the stock.MarketBeat
- The PNC Financial Services Group (NYSE:PNC) had its price target raised by analysts at Keefe, Bruyette & Woods from $215.00 to $228.00. They now have a "market perform" rating on the stock.MarketBeat
- PNC Multifamily Capital Announces 100th Affordable Housing Fund; Driving Nationwide Impact [Yahoo! Finance]Yahoo! Finance
- PNC Multifamily Capital Announces 100th Affordable Housing Fund; Driving Nationwide ImpactPR Newswire
PNC
Earnings
- 10/15/25 - Beat
PNC
Sec Filings
- 12/16/25 - Form S-8
- 12/12/25 - Form 8-K
- 12/9/25 - Form 4
- PNC's page on the SEC website