The top 10% of Americans are propping up the economy. Here’s what will happen if they stop spending.

The wealthy are spending, but many consumers are pulling back — and the stock market is fragile.

Topics

My film ‘Sugarcane’ Is Up for an Oscar. Here’s What I Hope Happens Next.

“Sugarcane” is a documentary about abuse at Native residential schools. It’s just one of many stories that demand to be told.
The New York Times - 2d
Here's what happened to the migrant detainees at Guantanamo Bay

Immigration and Customs Enforcement transported 177 migrants from Guantanamo Bay to Honduras for final removal to Venezuela, according to a post on X from the agency.
ABC News - Feb. 21
1 in 5 Americans are 'doom spending' — here's how that can backfire

"Doom spending," or spending money despite economic and geopolitical worries, is an increasingly common way to cope with stress.
CNBC - 4d
The N.H.L. Trade Deadline Is a Week Away. Here’s What Might Happen.

Our experts made a bold prediction for each team in the league. The results are enticing — and contradictory.
The New York Times - 2d
Here Are the Digital Clues to What Musk Is Really Up To

What will DOGE do with access to personal data on almost all Americans?
The New York Times - Feb. 21
She missed her flight to extend her Italy vacation romance. Here’s what happened next

Yahoo News - Feb. 24
Trump’s tariff push has spooked investors. Here’s what it would take for him to step in to stop the selling.

The latest wobble in the U.S. stock market has been fairly modest so far, with the S&P 500 still within 4% of its record closing high from last week. But that hasn’t stopped some on Wall Street ...
MarketWatch - 4d
This Never Happened With an American President Before

Trump’s behavior in the Oval Office with Zelensky was an unparalleled break with American foreign policy.
The New York Times - 2d
Trump to ratchet up China tariffs again. Here’s why American consumers will feel the pain this time.

New York Fed analysis suggests “missing imports” from China could mean higher costs ahead.
MarketWatch - 4d

More from MarketWatch

Trump’s tariffs, whether implemented or not, have already hurt the U.S. auto industry

Many in the industry feel that the levies could still be called off. Virtually everyone is hoping that, if enacted, the tariffs will be short-lived. Regardless, uncertainty has already taken its toll.
MarketWatch - 19m
Okta delivers what some of its bigger peers couldn’t: a rosy outlook

Unlike Salesforce and ServiceNow, Okta beat with its outlook, and its CEO said that forecast is still “prudent.”
MarketWatch - 21m
What Nvidia’s market valuation says about where the stock will be in 5 years

A good company whose stock is overvalued can still be a great disappointment.
MarketWatch - 36m
Inflation traders brace for short-term shock from tariffs, immigration policies

Inflation traders are positioning for a consumer-price index that produces a seven-month string of annual headline inflation readings from the consumer-price index that are near or slightly above ...
MarketWatch - 55m
Nvidia’s stock sinks, wiping out six months of gains as the AI trade unravels

AI stocks in general are taking a beating Monday, but some Nvidia-specific issues are also worrying investors.
MarketWatch - 56m

More in Business

Trump’s tariffs, whether implemented or not, have already hurt the U.S. auto industry

Many in the industry feel that the levies could still be called off. Virtually everyone is hoping that, if enacted, the tariffs will be short-lived. Regardless, uncertainty has already taken its toll.
MarketWatch - 19m
Trump Will Impose 25 Percent Tariffs on Canada and Mexico on Tuesday

President Trump said he would impose levies on America’s largest trading partners Tuesday, along with another 10 percent on China.
The New York Times - 19m
Okta delivers what some of its bigger peers couldn’t: a rosy outlook

Unlike Salesforce and ServiceNow, Okta beat with its outlook, and its CEO said that forecast is still “prudent.”
MarketWatch - 21m
Nvidia gets swept up in a wave of uncertainty hitting Wall Street. Here is what's going on

Geopolitical concerns are weighing heavy on Nvidia's stock.
CNBC - 21m
As Social Security plans to cut about 7,000 workers, some experts worry that may affect benefits

The Social Security Administration has announced new efforts to bring down costs. Plans to cut staff have prompted concerns from some experts.
CNBC - 23m