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

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

New analysis shows more US consumers are falling behind on their utility bills

A new analysis of consumer data shows that more people in the United States are falling behind on their utility bills. 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

U.S. Economy: 3 Key Challenges For Consumers

The market continues to rally on AI-driven optimism, despite concerns over government shutdown, fiscal deficits, and consumer weakness. The top 10% of U.S. households drive half of consumer spending, ... Read More

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

The government shutdown could cost the U.S. economy up to $14 billion, new report says

The National Gallery of Art in Washington is closed during the U.S. government shutdown. (Brendan Smialowski/AFP via Getty Images) The U.S. economy could lose between $7 billion and $14 billion as a ... Read More

U.S. economy at risk of wobble as lower-income consumers get squeezed

WASHINGTON -The U.S. consumer’s durability as a prop for the economy may be tested in coming weeks as family budgets, particularly among the less affluent, are stressed by rising healthcare costs, the ... Read More

AI Now Accounts for a Third of US Market Value—What That Means For The Economy

Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ... Read More