The top 20% of Americans are keeping the economy alive. That’s not a good sign

Consumer spending is a crucial part of the US economy, accounting for about two-thirds of its growth. And judging from retail sales data released earlier this week, that economic engine appears to be ... Read More

CBS News poll finds Americans describe "uncertain" economy as its ratings tick slightly back down

Heading toward fall, Americans are continuing to rate the U.S. economy negatively, as most pick "uncertain" and "struggling" to describe its current state. Ratings dipped again slightly over the last ... Read More

American consumers are getting nervous about inflation again. For now, they’re still spending

Americans are still opening their wallets, with unemployment remaining low and businesses blunting the effects of President Donald Trump’s widespread tariffs. But consumers remain skittish over ... Read More

Economy 'On the Brink' of Recession by End of Year, Moody's Economist Warns

In an interview with Newsweek, Mark Zandi outlined the risks to the U.S. economy and how it could skirt—or slip into—a downturn. Read More