For those on the upper arm, things are going well. The top 10% of U.S. households now account for nearly half of all consumer ...
The U.S. economy could be on the upswing even if tariffs and stubborn inflation continue to weigh on growth, according to a new analysis. The National Association for Business Economics (NABE) said ...
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 ...
Federal Reserve Chairman Jerome Powell described the current economic situation as challenging, with risks to both employment and inflation. The Fed is balancing a slowing labor market, which ...
European rating agency Scope downgraded the United States' credit rating by a notch on Friday, citing sustained deterioration ...
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