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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 Two-Speed Economy Is Back as Low-Income Americans Give Up Gains
High-earners and older Americans are faring better than ever, while fortunes are sliding again for low-wage and young workers. 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
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