Economy News Wealthier Americans Are Driving Retail Spending And Powering Us Economy
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We’re in a ‘windchill’ economy, where things feel worse than they are
People feel like their dollars aren’t stretching as far as before, and the cost of living is rising beyond their means. There’s just one problem: That part is not true. Most Americans are getting ... Read More
Americans spending more for the holidays despite dour economic views
Americans may not be feeling jolly about their economic prospects, but that didn't stop shoppers from opening their wallets on Black Friday and driving spending to new records. Despite record holiday ... Read More
Here’s what the latest inflation and spending data reveals about the US economy
• A flurry of economic data released Tuesday after a blackout during the government shutdown paints a confusing picture of the US economy. • September wholesale inflation rose by 0.3%, keeping the ... Read More
Grinch economy: Americans feeling stingy this holiday season as personal debt, economic uncertainty looms
Maybe Christmas . . . doesn’t come from a store. Nearly two in three Americans say the economy will make the holidays less fun this year, according to a new report from WalletHub called “The Grinch ... Read More
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