US economy

Strong US Economy Masks Struggles of Low-Income Consumers

One of the primary foundations preventing the U.S. economy from entering a recession-resilient family spending-is beginning to show signs of weakness.

The Dollar Milkshake Theory: What You Need to Know

A few months ago, I was visiting a financial literary conference in Harlem when someone introduced me to the "Dollar Milkshake Theory." This changed everything.

Trump Triumphs: Supreme Court Rules States Can't Nix The Donald from Election Ballot

As we inch closer to Super Tuesday, one thing is clear: the 2024 presidential election is shaping up to be one for the history books. With Trump back in the race, the stakes are higher, and the suspense is palpable.

Pay the Taxman Nothing: Your 2024 Guide to a Zero-Tax Return

Paying zero in taxes might seem like a pipe dream, but with careful planning and a solid understanding of tax laws, it's potentially within reach. So, as we gear up for the 2024 tax season, keep these tips in mind.

Latest Numbers Paint Brighter Picture for US Economy

According to a study issued on Monday, the U.S. economy is expected to do far better this year than business experts were predicting only a few months ago.

How Robots Saved the US Economy

Due to a persistent lack of workers, many businesses have had to invest in machines to perform some of the labor that has to be done by humans.

Wages Rising, Jobs Soaring: Can the US Economy Maintain This Momentum?

Employers across the country launched an impressive hiring spree to start 2024, adding 353,000 new positions in January alone, the most recent indication of the economy's resilience in the face of the highest interest rates in two decades.

U.S. Growth Slows, But Resilience Shines Through

U.S. Growth Slows 3.3%, But Resilience Shines Through

The US economy was predicted to have entered a recession by now due to a decline in borrowing and expenditure due to the highest interest rates in twenty years.

Top Citi Strategist Foresees Healthy Economic Rebound

In order to restore sustainable growth and put inflation back to goal, the global economy does not require a "collapse," according to Steven Wieting, chief economist and investment strategist at Citi Global Wealth.

Analysts Predict Steady Growth for US Economy in 2024, Dispelling Recession Fears

Many people were afraid that 2023 would bring about a recession. It proved to be a very resilient year.

Investors Flee US Stocks as Economic Data Hints at a Possible Downturn

In the tumultuous landscape of U.S. financial markets, the seven days leading up to December 6 unfolded as a continuation of withdrawals from U.S. stock funds for a second consecutive week.

CEOs Urge Lawmakers: Pump the Brakes on Regulations, Risk Economic Fallout

The heads of Wall Street's largest banks appeared on Capitol Hill on Wednesday to ask senators to stop the Biden administration's proposed changes to how banks are regulated, warning that the new proposals could harm the economy at a time of geopolitical turmoil and inflation.

Inflation Cools, Stocks Surge: Dow Rebounds with 489-Point Jump

Tuesday saw a sharp increase in US stock prices as investors cheered the release of the October Consumer Price Index, which shocked them with lower-than-expected inflation statistics.

China Beats US as Top FDI Destination; Is this President Biden's Biggest Challenge?

The year 2020 also the first year in history that foreign direct investment in China overtook that of the US. Will this affect President Biden's leadership?

US jobs increase in Trump's first full month projecting economic optimism

Employers added 235,000 US jobs in February as per a Labor Department report released on Friday.

1 2 3

Latest Stories

Building an Emergency Fund: Why It's Crucial and How to Get Started

Discover the importance of building an emergency fund and learn practical steps. With our guide, you can secure your financial future and gain peace of mind.

Parking Perks or Hidden Fees: How Much Should You Tip a Valet?

Valets put in a lot of labor. In addition to being in charge of moving cars safely, they also have to operate fast and effectively, regardless of the weather, including wind, rain, heat, or snow.

GLP-1 Weight Loss Option Now 85% Cheaper with Hims & Hers

Injectable GLP-1 weight reduction medications are being sold by direct-to-consumer pharmaceutical firm Hims & Hers Health at a far lower price than name-brand rivals like Wegovy and Ozempic.

Freddie Mac Sees Limited Rate Cuts, Dampening Housing Hopes

For those who are purchasing a home, the year has been difficult thus far because of the combination of rising loan rates and high housing costs. Regretfully, there might not be much respite for the rest of 2024.

Target Cuts Prices on Thousands of Essentials as Inflation Pinches Budgets

As inflation bites into household budgets and more Americans become more frugal with their purchasing, Target intends to lower prices on thousands of consumer staples this summer, ranging from milk to diapers.