Economy News: Economy is marginally improving but only because the rich are splurging on luxury items and holidays, the Fed says

Choose a language:

Economic News Reports

Details: Written by Bing News Search Results; Category: Economic News Reports; Published: 16 January 2026; Created: 16 January 2026; Last Updated: 16 January 2026

The Minneapolis Fed said that while retailers catering to higher-end consumers reported increased sales, those targeted at middle and lower-end consumers are "getting pretty beat up." ...
Original Image Link
Source:www.msn.com

Posted: 2026-01-15 03:50:40

Get Full News Story On Bing Economy News Network

Listen to this article. Speaker link opens in a new window.
Text To Speech BETA Test Version.

More News From This Category
Economy News: SpaceX stock has cooled. Hiring for jobs in the space economy hasn't
Sat, 27 Jun 2026 19:07:57 +0000

The SpaceX IPO euphoria is over, but the bullish trend in space economy jobs remains in place within a labor market where many other sectors have slowed hiring.
Original Image Link
Source:www.msn.com

Economy News: Just how much trouble is Canada's economy in?
Sat, 27 Jun 2026 16:07:54 +0000

Five charts help illustrate the state of Canada's economy - and how it's performing compared to other wealthy nations.
Original Image Link
Source:www.msn.com

Economy News: BofA sees new trends forming in the K-shaped economy
Sat, 27 Jun 2026 13:07:52 +0000

Americans are seeing extra money in their bank accounts, but pressures remain.
Original Image Link
Source:www.msn.com

Economy News: The U.S. Economy Is Leaving These Companies Behind
Sat, 27 Jun 2026 13:07:52 +0000

Small businesses say relentless pressures from tariffs and higher energy prices have sapped their resilience and finances.
Original Image Link
Source:www.nytimes.com

Economy News: Every US state's economy, ranked from worst to best
Sat, 27 Jun 2026 10:07:58 +0000

A recent WalletHub study ranked all US states and Washington, DC, based on economic activity, economic health, and innovation potential.
Original Image Link
Source:www.msn.com

Related Bing News Results
2026 Economic Report of the President Released
Sun, 12 Apr 2026 17:00:00 GMT
The Economic Report of the President is prepared annually by the Council of Economic Advisers, providing a comprehensive review of the past year’s economic policies and their impact on current and ...