Inflation has eased, wage growth has been decent and Americans on average still have more in savings than they used to prepandemic. Some might even say the economy has reached a much-vaunted “soft ...
Although investors cheered the Federal Reserve’s recent rate cut and the stock market has kept powering along, the economy is facing growing headwinds on one crucial front - consumer spending.
Putting “fun” back into low- and middle-income Americans’ budgets could be years away with most of their income barely covering the surge in costs for bare necessities, economists said. Even with ...
Drivers in Pennsylvania and Michigan have benefited from temporary consumer protections during economic downturns and ...
This is read by an automated voice. Please report any issues or inconsistencies here. Fast-food prices have risen so high that traffic from one of the industry’s core customer bases, low-income ...