The economy is chugging along, but consumers are uneasy

The Federal Reserve weighs its first rate cut since December as wealthier consumers prop up spending levels and the job market shows signs of weakness. Read More

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

Prices, unemployment up: Even Fox News poll shows voters think Trump screwed economy | Opinion

President Donald Trump promised a new Golden Age. But eight months into his term, grocery prices are rising, along with inflation and unemployment. Read More

Americans are feeling a lot worse about the state of the economy

Americans are downbeat on the economy, according to preliminary data released by the University of Michigan’s Consumer Sentiment Index. Read More

Consumers Remain Wary on Economy as Home Sales Register an Uptick

Americans continued to express doubts about the economy in July, as pessimism over business conditions and weak orders for firms offset rising stock prices, the Conference Board said on Thursday. The ... 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

Slower hiring, rising prices, wary consumers: Fed’s beige book points to sluggish economy

Businesses were “hesitant to hire” because of weaker sales and uncertainty tied to U.S. trade wars, the Federal Reserve said, but tariffs have only exacerbated inflation by a “moderate or modest ... Read More

Economy loses jobs for the first time since 2020

The latest jobs report from the Labor Department is the first to register a net negative jobs month for the U.S. economy since December 2020, when the economy shed 183,000 jobs. The report found the ... Read More