Consumer Gloom Over the Economy Deepens

Chris Rupkey, chief economist at fwdbonds, said, “Consumer spending has rebounded somewhat in the third quarter, but that recovery from a dismal first half of the year will not hold if diminished ... Read More

CNBC Daily Open: Hopes of lower rates overshadow U.S. inflation worries

With so much riding on the Fed, it's crucial to not just celebrate a possible rate cut next week, but also chew on what Powell has to say about the economy. Read More

America’s economy defies gloomy expectations

Those, too, look less troubling in context—slower jobs growth is a problem if America’s population is rising quickly, but far less worrying if population growth is stalling or shrinking. There, the ... Read More

Economy Primed for Lower Interest Rates as Inflation Remains a Problem

Now that the Federal Reserve has signaled lower interest rates are likely to come in the next month or so, attention will turn back to the underlying health of the economy. That will be clearer this ... Read More

McDonald's CEO warns of 'a two-tier economy' as lower-income consumers spend less

The fast-food giant's CEO cited growing evidence that upper-income households are spending freely while the rest are struggling. Read More