Latest in As the wealthy keep spending, here’s why the middle class is in for a tough 2025
Sort by
1,537 items
-
Trump Tossed a Debt Limit Grenade Into Spending Talks. Here’s Why.
President-elect Donald J. Trump was forced to negotiate with Democrats over the borrowing cap during his first term.The New York Times - 1d -
As the wealthy keep spending, here’s why the middle class is in for a tough 2025
Over the last year, middle-income Americans have started to behave more like lower-income consumers, an economist noted. More inflation and a tight job market in 2025 stand to increase pressure on ...MarketWatch - 11h -
‘I worked hard for my savings’: I’m 71 and a retired teacher. I want to give my kids money — but my daughter spends lavishly and my son is wealthy.
“I have been reading about the idea of giving your children money when they need it the most, rather than waiting until you die.”MarketWatch - 20h -
Why the Broncos are leaning on 27-year-old Devaughn Vele and their 2024 draft class
Vele is older than half the Broncos' roster, but he's carved out a place on the surprising playoff contender.ESPN - 1d -
Naismith Basketball Hall of Fame: Carmelo Anthony, Sue Bird, Dwight Howard headline Class of 2025 candidates
Other nominees include Maya Moore, Doc Rivers, Sylvia Fowles, Marc Gasol, Billy Donovan and Lisa BluderCBS Sports - 1d -
UConn vs. USC: Breaking down why JuJu Watkins, Trojans have struggled against tough opponents this season
The Trojans' overall numbers look great, but they haven't been convincing in their toughest testsCBS Sports - 1d -
Trump: Johnson will ‘easily remain Speaker’ if he takes ‘tough’ action on spending
President-elect Trump on Thursday said Speaker Mike Johnson (R-La.) can remain in the leadership role if he is tough on spending, while Johnson is pivoting to plan B to fund the government ahead of ...The Hill - 1d -
Wait continues for details on short-term spending bill to keep government running
Congress has until Friday at midnight to pass a short-term spending bill and avoid a government shutdown, but the text of the bill has yet to be released. CBS News political reporter Taurean Small ...CBS News - 3d -
Why Venture Capital Is Poised for a Rebound in 2025
U.S. venture capital investment activity in 2024 is up year-over-year, while M&A is also expected to grow in 2025.Inc. - 3d -
Why it's gotten more difficult to get a free first-class upgrade
Cheap seats aren’t enough for airline passengers anymore.NBC News - 4d -
Euro 2025 draw: England get tough group with France, Netherlands, Wales
Germany in group with Denmark and Sweden Prize fund grows and players will get 30-40% of it England, the holders, have been drawn in a group with France, the Netherlands and their neighbours ...The Guardian - 4d -
England and Wales drawn in same tough Euro 2025 group
Defending champions England and debutants Wales are drawn in the same group, alongside France and the Netherlands, for Euro 2025.BBC News - 4d -
Assad claims he wished to keep fighting as Syrian regime fell but Russians evacuated him – Middle East crisis live
Syrian dictator says he left country on evening of 8 December in first comments since his regime was toppled by rebel offensive. Syria’s Kurds , who run a semi-autonomous administration in the ...The Guardian - 4d -
Barbara Corcoran is a self-made millionaire: Why she refuses to fly first class
The "Shark Tank" judge flies cheaply so that her family can share her miles.CNBC - 4d -
Why it's gotten more difficult to get a free first-class upgrade
Airlines are racing to add comforts such as lie-flat seats, entertainment systems with bigger screens and even suites with closing doors.CNBC - 4d -
Protests Have Paralyzed Bolivia for Months. Here’s Why.
Protests in Bolivia triggered by a feud between the president and a political rival have caused turmoil. One fallout: fuel shortages that have left drivers lining up for gas for days.The New York Times - 5d -
‘Magnificent Seven’ stocks hit another milestone. Here’s why they could continue to dominate in 2025.
Christmas has come early for the group of megacap tech companies known as the Magnificent Seven.MarketWatch - 6d -
Here’s what’s expected to drive gold’s performance in 2025
Policy changes will be just one of the key factors for gold next year, says the World Gold Council.MarketWatch - Dec. 12 -
AJ Dybantsa, the No. 1 recruit in the Class of 2025, commits to BYU over Kansas, North Carolina and Alabama
Dybantsa, a five-star small forward, announced his verbal commitment to the CougarsCBS Sports - Dec. 10 -
Why more high schoolers are taking financial literacy classes
Only 10 states require a personal finance course to graduate high school, but that's changing. For "Eye on America," Meg Oliver reports on the growing trend of teaching financial literacy as a ...CBS News - Dec. 9 -
AJ Dybantsa, the No. 1 college basketball recruit in the Class of 2025, set to commit on Tuesday
Dybantsa will decide between a final four of Alabama, BYU, Kansas and North CarolinaCBS Sports - Dec. 9 -
Johnson needs Dems to pass a stopgap spending bill. Here's what they want.
Given his thin margins in the House and conservatives who tend to always oppose short-term funding fixes, he will almost certainly need to get House Democrats on board.Politico - Dec. 9 -
Petaia, Stona & Sexton in NFL's International Player Pathway 2025 class
Olympic discus champion Roje Stona and Australia rugby union international Jordan Petaia will be among the latest group of athletes to take part in the NFL's International Player Pathway.BBC News - Dec. 9 -
We Tories have lost the professional classes to Labour. Here’s how to win them back | Paul Goodman
In the past 50 years, Britain has changed and so have the voters the party once relied on. To survive, the Conservatives must adapt. Paul Goodman is a senior fellow at Policy Exchange In this ...The Guardian - Dec. 7 -
DOGE's Musk, Ramaswamy want Congress to pass huge spending cuts. That's a tough sell
Congress' enthusiasm for smaller government is tempered by the difficulty of agreeing on what to cut.CNBC - Dec. 6 -
Tesla’s stock closes at highest price in nearly 3 years. Here’s why it can keep going.
Tesla shares powered to their highest close in years on Friday, and BofA Securities recently laid out reasons why they can continue to rally.MarketWatch - Dec. 6 -
College football recruiting rankings 2025: Top classes emerge during National Signing Day 2024
The Longhorns secured the No. 1 spot with the commitment of five-star DL Justus TerryCBS Sports - Dec. 6 -
Will CDs still be worth opening in 2025? Here's what experts believe.
CD accounts have been a smart bet over the last few years, but will they be a good investment next year?CBS News - Dec. 6 -
Manny Pacquiao, Vinny Paz and Michael Nunn headline 2025 International Boxing Hall of Fame class
PacMan is one of the most decorated champions in the sport's historyCBS Sports - Dec. 5 -
How bad is the 2025 NFL Draft class? Expert shares honest take
Is 2025 a bad year to have one of the top picks in the NFL Draft? Draft guru Mike Renner joined Phil Perry on the Next Pats Podcast to explain.Yahoo Sports - Dec. 5 -
Can silver outpace gold in 2025? Here's what experts think
Demand is rising for both silver and gold, but can silver outpace gold next year? It could, according to experts.CBS News - Dec. 5 -
Texas football recruiting: Michael Terry III, No. 1 ATH in 2025 class, commits on National Signing Day
The Longhorns are making a strong push for the No. 1 overall recruiting class in the cycleCBS Sports - Dec. 4 -
Here’s what’s clicking now for Dollar Tree after a tough year for its stock
Retailer opens 249 new stores, books a 1.5% increase in traffic and says its Family Dollar review is on track.MarketWatch - Dec. 4 -
'Test bowling is different to county cricket - here's why'
Steven Finn explains why fast bowling in Test cricket is different to county level and why England are looking beyond the numbers when making selections.BBC News - Dec. 4 -
Will home prices crash in 2025? Here’s what experts say.
President-elect Donald Trump campaigned on promises to lower housing costs. Here’s what real-estate economists say about where home prices will go in 2025.MarketWatch - Dec. 4 -
A sweet Black Friday deal for retailers this year: ‘People keep spending money’
Despite a consensus that many Americans voted last month based on concerns about financial well-being and cost-of-living pressures, the recent kickoff to the holiday-shopping season is ...MarketWatch - Dec. 4 -
Signing Day's race for No. 1: Georgia battling to finish on top in 2025's ranking of best recruiting classes
The Bulldogs are battling new SEC rival as well as a few familiar foes to finish No. 1 in the 2025 recruiting rankingsCBS Sports - Dec. 4 -
Frontier to introduce first-class seating. Here's what it will look like.
Frontier is adding premium seating tier to its offerings. Here's what it will look like, and when it will be available.CBS News - Dec. 3 -
Gregg Wallace apologises for 'middle-class women' comment
And, President Biden pardons son Hunter.BBC News - Dec. 2 -
As a middle-class woman of a certain age, all I can say is: ‘Thank you, Gregg Wallace’ | Zoe Williams
In trying to write his accusers off based on their age, sex and class, the TV presenter has made his disdain for people like me plain to see. Gregg Wallace, accused of “inappropriate behaviour”, ...The Guardian - Dec. 2