The Consumer Is Stealthily Strengthening — And There's No Bigger Economic Driver
Amid this week’s clamor around AI and its attendant spending by hyperscalers, some interesting data on spending by consumers flew under the radar.
Amid this week’s clamor around AI and its attendant spending by hyperscalers, some interesting data on spending by consumers flew under the radar.
A surge in baby boomer spending is beginning to slow, as retirees struggle to keep pace with income growth.
American workers are no longer seeing large pay bumps when jumping from job to job as activity in the labor market continues to cool.
The U.S. will effectively address its debt crisis by allowing inflation to rise slightly even though it will negatively impact some households.
The economy continues to chug along, and this week's batch of economic data is expected to provide evidence that the soft landing is here.
Some of the top figures on Wall Street sound more concerned about the persistence of inflation than the occupant of the Oval Office in 2025.
American consumers and businesses are finding it increasingly difficult to manage credit card, auto, and commercial real estate debt.