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

Consumer Sentiment, An Important Indicator Of The Economy, Falls More

Experts fling themselves from one direction to another, but consumers have a steadier sense of what is happening overall. This is not good. Read More

Consumer spending is the U.S. economy's main driver. Here's how it's doing

NPR's Ayesha Rascoe talks to Bankrate analyst Ted Rossman about consumer spending and debt, and what it tells us about the overall health of the economy. 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

This K-shaped economy is reliant on high-income spenders

A slim slice of consumers in the top quintile of incomes is doing the majority of spending in this economy. Apple’s latest financial results give us a glimpse into this phenomenon. After a couple ... Read More

Consumers Pan Trump’s Handling of the Economy. He’s Trying Everything He Can to Bring ‘Affordability.’

President Trump doesn’t want to hear about “affordability,” as the administration is trying a range of strategies to bring prices down. Read More

You're living in a "K-shaped" economy. Here's how that affects you.

To understand how Americans are faring economically these days, it's helpful to consider the eleventh letter of the alphabet. Experts describe the current U.S. economy as "K-shaped," a reference to ... Read More

US economy at risk of wobble as lower-income consumers get squeezed

WASHINGTON, Nov 3 (Reuters) - 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 ... 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

CBS News poll finds rising concern over government shutdown impact on economy, Americans personally

Anthony Salvanto, Ph.D., is CBS News' executive director of elections and surveys. He oversees the CBS News Poll and all surveys across topics and heads the CBS News Decision Desk that estimates ... 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

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

Saudi Crown Prince bin Salman will visit Trump on November 18, White House official says Saudi Arabia's Crown Prince Mohammed bin Salman will be at the White House on November 18 for an official ... Read More