U.S. economic growth will be sluggish: Wells Fargo
The U.S. economy is forecast to slow down on the back of a decline in consumer spending, Wells Fargo said.
America's economy isn't out of the woods
Tight monetary conditions suggest the economy may not be completely out of the woods when it comes to a recession, experts said.
Universal Basic Income Is a Moral Hazard
UBI has failed to produce the intended results in places where it has been tried, but also because it rewards idleness and begets dependence on government.
Americans are very worried about food and housing costs
Concerns over housing costs and the price of food are top of the way Americans feel about the economy.
Americans are spending more, saving less
American spent more than their incomes, with analysts suggesting that they are dipping into their savings to cover the difference.
Donald Trump gets bad news about America's spending
American consumer spending powered beyond-than-expected economic growth for the U.S. in what could be bad news for Donald Trump ahead of the election.
Millennials and Gen Z are wealthier than previous generation at same stage
Millennials and Gen Zers have more wealth now than Gen Xers did at that same age, according to a recent report.
Unemployment rate rise rings alarm bells over US economy
Stubbornly high unemployment rates in several U.S. states raise concerns over the risk of a recession this year.
Americans' debt payments are increasing
Americans are more in debt every month amid high inflation and elevated interest rates, a LendingTree study showed.
Americans have burned through their savings
A fifth of Americans say they are without any savings, according to a poll by Redfield & Wilton Strategies for Newsweek.
Republicans are warming up to Joe Biden's economy
Democrats and Republicans showed their most favorable readings of consumer sentiment since the summer of 2021, according to a new survey.
Young Americans' financial struggles compared to boomers revealed
Some 38 percent of Gen Z-ers and millennials think they've had it worse than their parents in building financial wealth because of the economy.
Americans can no longer afford their cars
Just 10% of new car listings are currently priced below the $30,000 mark, after years of price increases have made vehicles unaffordable to millions.
Ignoring BRICS Expansion Threatens America's Economic Security
On New Year's Day, BRICS added Egypt, Ethiopia, Iran, Saudi Arabia, and the United Arab Emirates to its ranks.
Trump's unlikely to get his wish for an economic crash
Economists expect the economy to slow down this year but said that it was unlikely to crash in 2024.
Joe Biden's remarks about house prices raise eyebrows
The president's comment on racial biases affecting home values in Black-majority neighborhoods was criticized by conservatives as "dividing."
Joe Biden to upend millions of Americans' jobs under new rule
Biden is expected to announce a new rule to give gig workers the same rights as employees, but this may be divisive.
Donald Trump brutally fact-checked over gas price remarks
The former president claimed gas prices have gone up so much under Biden that fuel costs up to $8 a gallon in parts of the U.S. A gas expert proved him wrong.
America's credit card debt crisis
Millions of U.S. cardholders have been in debt for at least a year, according to a recent survey—showing that many are still struggling despite lower inflation.
Believe It or Not, the Sale of U.S. Steel Is Good for American Industry
In a bold stride that represents more than just a corporate transaction, Japan's Nippon Steel has agreed to acquire U.S. Steel for $14.9 billion.
Joe Biden's year in review
In 2023, Biden delivered on 3 campaign promises, announced his re-election bid, touted Bidenomics and tackled a difficult foreign policy year.
Mortgage rate predictions for 2024 spell good news for homebuyers
Fannie Mae expects mortgage rates to drop throughout 2024, and home sales to start to recover slowly.
Jobs map shows changes in unemployment rate
Unemployment rates have dropped in 20 states between November 2022 and November 2023, while they rose in 15 others and the District of Columbia.
Joe Biden gas price stickers haven't aged well
Last year, Biden critics placed stickers on gas pumps slamming him over inflation, but now prices are coming down.
Americans flocked to restaurants over the holidays
American consumers splurged on food this holiday season, according to new economic data.
The 10 best US cities to buy a house in 2024
While the U.S. housing market won't fare much better than this year in 2024, these cities will experience the biggest gains in sales and prices.
Joe Biden issues ominous warning about future of Social Security
Biden warned that Republicans are still trying to cut Social Security benefits.
Donald Trump issues ominous warning about stock market crash
The U.S. economy could hit a major economic downturn soon, according to former President Donald Trump.
House prices plummet more than 10% in a year in three cities
The U.S. housing market's price correction has been modest, but in three cities, prices have plunged by over 10 percent.
Young Americans turn against Boomers over Social Security
A majority of millennials think that the Social Security program is making more payments than it receives taxes, according to an exclusive Newsweek poll.