Why U.S. Economic Health Depends on Wealthy Consumers
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Business - Inc.
Why U.S. Economic Health Depends on Wealthy Consumers
Affluent Americans are driving retail spending, which could sustain healthy growth for the next year.5 hours ago -
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Politics - The Hill
It’s localization, not globalization, for the health of the US economy
The U.S. is undergoing a transformative shift away from globalization and toward localization, with initiatives such as the Inflation Reduction Act and the CHIPS and Science Act prioritizing ...23 hours ago -
Business - Financial Times
Iran foreign minister visits Egypt as leaders try to contain regional war
Middle East officials step up diplomatic effort as Israel says it killed Hamas leader Yahya Sinwar in strike on GazaYesterday - Iran -
Business - MarketWatch
U.S. business inventories expand for fifth straight month in August, bolstering economic outlook
Business inventories rose 0.3% for the second straight month and for the fifth straight month overall in August, the Commerce Department said Thursday.Yesterday -
Business - Financial Times
IMF chief warns of ‘unforgiving’ debt backdrop and low growth
Kristalina Georgieva says governments’ reluctance to rein in spending heightens public finances challengeYesterday -
Politics - The Hill
Harris’s record on trade paints a dire picture for American producers, consumers
Vice President Harris' commitment to raising taxes, enacting Venezuelan-style price controls, and further shackling America's energy production would be disastrous for American working families, ...Yesterday -
World - Financial Times
US economic growth is strong — so why cut rates?
Only borrowers such as struggling commercial property and debt-laden zombie companies will benefitYesterday -
Tech - ABC News
US agency adopts rule to make it easier for consumers to cancel unwanted subscriptions
The Federal Trade Commission has adopted a rule that will require businesses to make it easy for consumers to cancel unwanted subscriptions and membershipsYesterday -
Sports - Yahoo Sports
Flooded cars for sale in Arizona? How consumers can spot hurricane damage
As recent Hurricanes Milton and Helene continue to devastate the East Coast, Arizonans could also be affected - in a different way.Yesterday -
Business - Inc.
Consumer Fears of Credit Card Delinquency Rise
A monthly New York Fed survey finds that while people felt generally positive about inflation, income, and jobs, fear of failing to make debt payments rose to a four-year high.2 days ago -
Top stories - NBC News
FTC moves to take the frustration out of canceling subscriptions for consumers
The Federal Trade Commission is announcing a finalized rule to make it easier for people to cancel subscriptions and memberships they just don’t want anymore.2 days ago -
Business - CNBC
Here's why the U.S. retirement system isn't among the world's best
Annual rankings show the U.S. is in a lackluster position relative to global retirement systems.2 days ago -
World - Financial Times
Nigeria’s economic transformation must succeed
Failure would set back the cause of reform across sub-Saharan Africa2 days ago -
Business - MarketWatch
Lower oil prices are good for consumers — but a bad sign for the global economy
A significant drop in oil prices may offer consumers reason to celebrate, but it also hints at an economic slowdown in China, the world’s second largest economy.2 days ago -
Business - Financial Times
Wealthy non-doms lobby UK for Italian-style tax regime
Push for Budget reforms to allow foreign residents to pay tiered charges amid fears of exodus of rich2 days ago - United Kingdom -
Business - CNBC
Wells Fargo CEO calls consumers 'extremely resilient'
Wells Fargo CEO Charlie Scharf gave CNBC's Jim Cramer a positive read on the consumer landscape.2 days ago -
Business - The Wall Street Journal
Health Care Roundup: Market Talk
Find insights on UnitedHealth Group, Walgreens Boots Alliance, Zealand Pharma’s Petrelintide, and more in the latest Market Talks covering the Health Care sector.2 days ago -
Top stories - NBC News
American consumers are increasingly underwater on their car loans
DETROIT — A growing number of Americans with auto loans owe more than their vehicles are worth, according to a report Tuesday from Edmunds.com.2 days ago -
Business - Inc.
Here’s Why Economists Say Trump’s Economic Plans Would Worsen Inflation
Tariffs, the GOP hopeful’s go-to economic policy plank, would raise average household costs by $2,600 a year, and experts say Trump’s other plans would do more harm than good.2 days ago -
Business - CNBC
American consumers are increasingly underwater on their car loans
Edmunds.com reported that the average amount owed on upside-down loans climbed to an all-time high of $6,458 during the third quarter.3 days ago -
Business - Financial Times
China’s economic ills are serious but not incurable
Unfortunately, policymakers have made things worse by resorting to temporary palliatives3 days ago - China -
Business - Inc.
Here’s Why Employers May Get More Involved in Workers’ Health Care
The Business Group on Health wants to help business owners address rising health coverage costs. That may require more attention to the treatments workers receive.3 days ago -
Business - Financial Times
France warns it could block €15.5bn Sanofi consumer health deal
Proposed sale of controlling stake to US private equity group has sparked backlash in country3 days ago -
Top stories - BBC News
Would Donald Trump’s taxes on trade hurt US consumers?
What could happen if Donald Trump drastically increases tariffs as he has promised to do?3 days ago - Donald Trump -
World - The Wall Street Journal
Nobel for Economics Awarded to Authors of 'Why Nations Fail' and an Ex-IMF Figure
The prize was given to Daron Acemoglu, Simon Johnson and James Robinson for work that advanced the understanding of differences in prosperity between countries.3 days ago -
Business - MarketWatch
Hint of ‘very high’ consumer inflation expectations raises risks for Treasury market
Buried inside last Friday’s data from the University of Michigan was a shocking inflation outlook from a small segment of consumers — one that is causing some nervousness about whether ...3 days ago -
Business - Inc.
Harris Targets Black Men With New Economic Proposals
The Democratic candidate suggests small business loans and improved access to the legal cannabis industry for Black entrepreneurs.4 days ago -
Business - Inc.
Here’s What Consumer Power Will Tell Us About the Economy
Corporate earnings reports and retail sales data could offer evidence that the U.S. economy is resilient as inflation ebbs.4 days ago -
Politics - The Hill
A Russian economic meltdown is coming next year
As the Russian economy tanks, immiseration and social discontent grow, and money dries up, Putin won’t have the resources to fuel his war machine.4 days ago - Russia -
World - ABC News
Nobel economics prize is awarded for research into why countries succeed or fail
The Nobel memorial prize in economics has been awarded to three U.S.-based academics for research into why societies with poor rule of law and exploitative institutions do not generate sustainable ...4 days ago -
Top stories - NBC News
Nobel economics prize goes to global inequality researchers
Three U.S.-based academics won the 2024 Nobel economics prize for their research into why global inequality persists.4 days ago -
Top stories - CBS News
MIT professors share Nobel Prize in economics
The Nobel Prize in economics was awarded to three Americans Monday. Two of them are MIT professors.4 days ago -
Politics - The Hill
Harris expands economic plans with focus on Black men
Vice President Harris on Monday released an opportunity agenda for Black men, focusing on helping business owners, teachers, cryptocurrency investors, men with health conditions, and men in the ...4 days ago -
Top stories - NBC News
Young men's economic prospects are shifting, along with their politics
For David Tasker, an 18-year-old construction worker in Pennsylvania, his top financial priorities are having enough money for gas, dining out and spending on his girlfriend while living at home ...5 days ago