People feel like their dollars aren’t stretching as far as before, and the cost of living is rising beyond their means. There’s just one problem: That part is not true. Most Americans are getting ...
The story of manufacturing in this country is often told through steel, energy or technology. However, one industry that ...
Markets are going from strength to strength, boosted by the promise of AI and the enormous investments being plowed into the tech sector. Moreover, consumer spending is continuing to hold up despite ...
The structure of America’s economy has had a drastic change. Wealth inequality has exploded. A few have become super rich, while the average person struggles to afford the high cost of living. Health ...
We only have public data through September, which means we haven’t yet seen the full picture of price increases.
Americans hate this economy, but they keep spending like they love it. The Commerce Department reported Friday that consumer spending rose 0.6% in August. Although that may not sound like a lot, it ...
The true engine of America’s economy might surprise you. It’s not tech. It’s not artificial intelligence, finance, or manufacturing. It’s energy. Energy accounts for just 7% of America’s gross ...
If America’s economy has a prosperous holiday season, the data suggests, we’ll have rich folks to thank. The top 10% of earners now account for roughly half of all consumer spending, according to a ...
The U.S. economy is pulling apart: Booming for some, breaking for many. In other words, it’s looking K-shaped — one branch climbs while the other falls. “There are now two Americas: A few, small ...
Over the next decade, the US economy will face two big challenges: higher interest rates and AI-generated disruption. Each invites the same solution: policies to keep rates below their market level.
A top economic organization said former Treasury Secretary Larry Summers now has a lifetime ban amid the ongoing fallout from his close association with convicted sex offender Jeffrey Epstein.
The rich get richer and the poor get poorer. That old saying has taken on a new label in 2025. America’s economy is increasingly “K-shaped.” The term is used to describe when “wealthy consumers do ...