Aussie retirees’ shocking spending mistake revealed in new data
Cost of living fears have Australians underestimating how long their superannuation would last and over-estimating costs, leading to…
These charts explain the economy in President Trump’s second term
President Donald Trump’s campaign for his second term was full of promises to fix the economy. Affordability has…
Economy is marginally improving, says the Fed, but only because rich consumers are splurging
At long last, the Fed’s Beige Book had some good news for investors and analysts: Economic activity has…
Trump’s First-Year Economy: Growth, Tariffs, and Rising Public Anxiety
As we kick off a new year, it’s a good time to assess President Donald Trump’s performance on…
Stocks rise on Wall Street as AI stocks turn higher again
Stocks gained ground on Wall Street Friday for a second straight day, wiping away losses from earlier in…
Economist who popularized ‘K-shaped economy’ says this one wealth gap indicator is being overlooked
Peter Atwater, adjunct professor of economics at William & Mary and president of Financial Insyghts, knows a thing…
American Fears Deepen Over Rising Prices
Topline Americans’ concerns about the economy worsened this month as consumers expressed growing concerns about rising prices and…
Chinese factory, consumer activity slow amid economy struggles
Buildings under construction in Hangzhou, in China’s eastern Zhejiang province. Beijing has struggled to fully reignite the world’s…
US treasury yields rise as bond market consolidates for Fed cut
U.S. Treasury yields rose in subdued Trade on Friday, with the 10-year’s moving up from a brush a…
Consumer Sentiment Rose in July, but Inflation Concerns Continue
Consumer sentiment inched up in July to reach its highest level in five months, though it remained below…
US consumer spending falls; tariff-related boost to inflation awaited
By Lucia Mutikani WASHINGTON (Reuters) -U.S. consumer spending unexpectedly fell in May as the boost from the pre-emptive…
Bad ‘vibes’ may be having a bigger impact on the economy now
Americans used to say one thing about their feelings on the economy and do something else with their…