A split between wealthy and lower-income households is turning the economy into a political liability for the US president.
President Donald Trump on Tuesday credited himself with overcoming the economic “disaster” left by his predecessor and gave his economy an “A+++++” rating, but the experiences of most Americans paint ...
Americans hate this economy, but they keep spending like they love it. The Commerce Department reported Friday that consumer spending rose 0.6% in August. Although that may not sound like a lot, it ...
The GSMA forecast mobile technologies and services will contribute $3.7 trillion to North America’s economy by 2030, more than double current figures. Unveiled at MWC25 Las Vegas, the Mobile Economy ...
Citadel founder and CEO Ken Griffin cautioned that America’s market rally is being propped up by policies better suited to a recession than a growing economy. Speaking in New York, he said fiscal and ...
It’s getting harder to argue that the US economy is in good shape. At least, not without a ton of footnotes, caveats and fine print. Concerns about the economy are validated most easily in the labor ...
Simply sign up to the US economy myFT Digest -- delivered directly to your inbox. Members of the global financial elite flying into Dulles Airport for IMF meetings this week touched down in a state ...
The rich get richer and the poor get poorer. That old saying has taken on a new label in 2025: America’s economy is increasingly “K-shaped.” The term is used to describe when “wealthy consumers do ...
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