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The economy is reliant on the ‘fortunes of the well-to-do’ says Moody’s—if the ultra-rich get nervy that means recession
Mark Zandi says of the rich: "If they turn more cautious, for whatever reason, the economy has a big problem." ... Read More
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
The Fed just cut rates. But relief might not come quickly enough for some Americans
The Federal Reserve cut interest rates on Wednesday for the first time this year, a move that could provide some relief for Americans from the higher cost of living. But there is a deepening ... Read More
The Two-Speed Economy Is Back as Low-Income Americans Give Up Gains
For high earners and many older Americans, the economy looks robust. They are still spending like gangbusters, and their 401 (k) accounts and homes have soared in value. They nabbed 3% mortgages when ... 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
Young Americans feel better about their finances despite low approval of Trump’s economy

While tariffs have hurt most people’s thoughts on the economy, young Americans feel more optimistic about their finances than any other age group compared to a year ago. An NBC News Stay Tuned poll ... Read More
I Asked Chat GPT How Trump’s Economy Could Backfire on the Middle Class

President Donald Trump’s second term has been full of economic policy changes, such as high tariffs on U.S. trading partners and moves toward big industry deregulation. While some experts feel that ... Read More
Trump Economy Ignites Record-Breaking Earnings Surge, Market Boom

Under President Donald J. Trump’s bold pro-growth policies, American businesses are thriving like never before — shattering earnings forecasts and propelling the stock market to continued record highs ... Read More
Economic Data Has Taken a Dark Turn. That Doesn’t Mean a Crash Is Near.

Inflation is up and job creation down, but the U.S. economy could still pull through without too much pain. By Lydia DePillis At the moment, the American economy feels a little bit like a hot August ... Read More
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