‘No social life, no plans, no savings’: Americans aren’t reaping benefits of booming US economy
While some were optimistic about stabilizing costs, others told the Guardian high prices continue to squeeze finances
Experts seem to agree the US economy has been on the upswing in 2024. A wave of new jobs, robust consumer spending, lower interest rates, falling inflation, impressive levels of business investment and record Wall Street highs have made the US economy “the envy of the world”.
But many Americans appear to feel very little of that.
Continue reading...
Read more at The Guardian
-
Trump's Social Security plan could lead to 33% benefits cut: Analysis
Top stories - CBS News - October 21 -
Samsung falls short of expectations as chipmaker fails to reap AI benefits
World - Financial Times - 4 days ago -
Americans eye the economy from kitchen tables and hourly jobs as they plan their votes
Top stories - NBC News - 8 hours ago -
Tim Scott: Americans aren’t talking about fluoride
Politics - The Hill - 14 hours ago -
I’m single, retired and saved $2.3 million, but I’m still planning to take my Social Security early. Is that a stupid decision?
Business - MarketWatch - 2 days ago -
The US economic boom is a mirage
World - Financial Times - 22 hours ago -
Child benefit reform plans scrapped
Top stories - BBC News - 4 days ago -
Hong Kong’s IPO market could benefit from robo-vehicle boom
World - Financial Times - October 16
More from The Guardian
-
US election live updates: Harris and Trump hold duelling Pittsburgh rallies in final hours of campaigning
World - The Guardian - 17 minutes ago -
Polls on US House and Senate races paint a worrying picture for Democrats
World - The Guardian - 13 hours ago -
Trump’s lead over Harris in betting market erodes as platforms tighten odds
World - The Guardian - 8 hours ago -
When do polls close on election day, Tuesday, 5 November 2024?
World - The Guardian - 15 hours ago -
Israel braces for another Iranian attack after threats from leaders in Tehran
World - The Guardian - 8 hours ago
Latest in World
-
US election live updates: Harris and Trump hold duelling Pittsburgh rallies in final hours of campaigning
World - The Guardian - 17 minutes ago -
Six cities, one question: is China’s property market turning a corner?
World - Financial Times - 27 minutes ago -
Kiss chaste: number of high school boys in Japan who have had first kiss falls to 1970s levels
World - The Guardian - 33 minutes ago -
North Korea fires a barrage of ballistic missiles toward the sea ahead of US election
World - ABC News - 38 minutes ago -
Taiwan’s soaring energy prices and growing outages hit chipmaker TSMC
World - Financial Times - 51 minutes ago