Economy News The Us Economy Is Doing Well President Biden Wants To Know Why So Many Americans Are Still Feeling Bad

Has America’s economy gone K-shaped? Here’s what to know

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 spending, buoyed by record stock market highs. Hourly pay is now rising ... Read More

US economy is growing at fastest pace in nearly 2 years — White House calls it ‘explosive growth’ as spending roars back. Is Trump really winning?

Take, for example, the fact that after months of dismal jobs numbers and recession predictions, a recent White House press release touted the U.S. Bureau of Economic Analysis’ revision of second ... Read More

Consumer sentiment is back to near-record lows. But Americans are still spending. Here’s why

Americans are souring on the economy again to levels seen rarely in the post-World War II era, raising the question of what it means for spending, economic growth and other key metrics gauging the ... Read More

Trump’s tariffs are driving a wedge through the US economy, further separating the haves from the have-nots

Americans ramped up their spending in August; however, their costs of living were on the rise as food and other goods became even more expensive last month and services prices remained stubbornly high ... Read More