Consumers were not shy about loading up on the cards in May. The latest data from the Federal Reserve, released Monday (July 8), show that...
As the U.S. job market shows signs of gradual cooling, one group is experiencing an unexpected surge in demand: artificial intelligence (AI) prompt engineers. These...
A bumpy but generally downward path for inflation — and the prices paid for all manner of goods — may pressure consumers to pull back...
The big banks will kick off earnings season Friday (July 12), as is the case quarter after quarter. In addition to the usual metrics that...
Discount retailers are closing shop as financially constrained consumers pull back their spending, with Big Lots the latest to take a hit. The discount chain...
As grocery shoppers look to find the merchant best suited to their needs, a significant share of customers find themselves put off by higher-than-expected prices,...
This month’s jobs report is projected to show slowing hiring and cooling wages. That’s according to a survey of economists published Thursday (July 4) by Bloomberg News,...
Are the world’s wealthy falling out of love with luxury goods? An opinion piece published Thursday (July 4) in the Financial Times argues that the rich —...
Job growth in the private sector cooled in June, marking the third consecutive month of a slowdown. Private employers added 150,000 jobs during the month,...