Economy News Consumers Have Been Propping Up The U S Economy When No One Else Could—now The Debts Are Being Called And They Can’t Pay Their Bills

Strong consumer spending propping up U.S. economy

WASHINGTON (Reuters) - U.S. consumer spending increased solidly in July as households bought a range of goods and services, which could further allay financial market fears of a recession, but the ... Read More

Top 10% of consumers propping up US economy, says financial expert

Sam Miller, CEO and co-founder of Kasheesh, says the U.S. economy's resilience is being driven by the top 10% of high earners, while consumer behavior shifts from "discretionary spending last year to ... Read More

Will tariffs slow the U.S. economy in 2026?

The U.S. economy has largely weathered historically high tariffs so far this year, but a new study says tariffs will hit Americans in 2026. The Paris-based Organization for Economic Cooperation and ... Read More