The advance of wealthy households, while middle- and lower-income Americans struggle, is reshaping markets for everything from housing to clothing to beer.

Topics:  americans   
BING NEWS:
  • The $34 trillion U.S. debt is nearly as big as the economy and there’s (still) no plan to fix it
    Goldman Sachs, International Monetary Fund, and the Congressional Budget Office are the latest to warn it’s a looming problem.
    05/1/2024 - 6:53 am | View Link
  • Affluent Americans are driving U.S. economy and likely delaying need for Fed rate cuts
    One result of the Fed’s higher rates has been a kind of bifurcated economy, by age. Older, wealthier Americans who already own homes and cars have been much less affected by the Fed’s rate hikes. By ...
    04/29/2024 - 7:48 am | View Link
  • Opinion: The U.S. economy and stocks have likely dodged a recession: El-Erian
    Chastened by that experience, most forecasters entered 2024 with quite a rosy outlook, anticipating that America’s growth exceptionalism would continue, as would solid investment returns. Yet the ...
    04/29/2024 - 3:20 am | View Link
  • US Economy News Today: Policy Uncertainty Could Be Growing Risk to US Financial Stability
    Today, the Federal Reserve looks at risks to U.S. financial stability in a report that comes out twice a year. We also look ahead to a measure of economic growth and additional data on inflation ...
    04/22/2024 - 10:16 am | View Link
  • US Economy News Today: Federal Reserve Officials Downplay Rate Cut Expectations
    Welcome to Investopedia's economics live blog, where we explain what the day's news says about the state of the U.S. economy and how that's likely to affect your finances. Here we compile data ...
    04/18/2024 - 7:57 am | View Link
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