Americans Fall Further Behind On Debts, New York Fed Finds
Americans fell a bit further behind on their credit cards and other loans last quarter, as household debt reached an all-time high.
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Why The Fed Targets 2% Inflation
Markets are pricing in the central bank's third interest rate cut as it inches closer to its inflation target of 2% over the long run.
JPMorgan Braces for ‘Impactful’ First Two Years of Trump
The first two years under Donald Trump’s second term could be “quite impactful” if policy changes are made on tax, deregulation and crypto.
JPMorgan Chief Global Strategist Warns Of Economic Red Flag
Markets reacted positively to Donald Trump's victory, but David Kelly, the chief global strategist at J.P. Morgan Asset Management, isn't celebrating.
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.
Retiree Spending Growth Beginning To Lag Behind Younger Consumers
A surge in baby boomer spending is beginning to slow, as retirees struggle to keep pace with income growth.
Changing Jobs Is Becoming 'Less Profitable,' Limiting Worker Turnover
American workers are no longer seeing large pay bumps when jumping from job to job as activity in the labor market continues to cool.
