Consumer spending

Business

‘Cash is no longer trash’: Market forecaster Jim Bianco warns stocks face stiff competition

[ad_1] Traditional savings accounts are going up against stocks. And, the winner may be your neighborhood bank for the first…

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Personal Finance

Economists still worry recession could be on the way. But here’s how a soft landing may still be possible

[ad_1] A shopper browses meat department at a Los Angeles supermarket on Feb. 13, 2023 in Los Angeles. Mario Tama…

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Personal Finance

Overpacking, shrinkflation may mean you get less for your money for Valentine’s Day gifts this year

[ad_1] Malaikacasal | Istock | Getty Images That heart-shaped box of chocolates may be only half full this Valentine’s Day.…

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Business

Key Fed inflation measure eased in December while consumer spending also declined

[ad_1] Consumers spent less in December even as an inflation measure considered key by the Federal Reserve showed the pace…

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Stock Market

Opinion: The annual inflation rate was not 7.1% in November; it was 3.7%

[ad_1] The Federal Reserve should declare an immediate cease fire in its war against inflation and hold its benchmark interest…

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Business

Inflation has peaked — but it’s not returning to pre-Covid levels in 2023, Mastercard says

[ad_1] Inflation has already peaked, but it will remain above pre-Covid levels in 2023, said David Mann, chief economist for…

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Personal Finance

401(k) ‘hardship’ withdrawals hit record high, Vanguard says — another sign households feel the pinch of inflation

[ad_1] Thomas Barwick | Stone | Getty Images The share of retirement savers who withdrew money from a 401(k) plan…

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Stock Market

It’s a Bad Time to Buy a Car. How to Score a Decent Deal Now if You Can’t Wait.

[ad_1] Car buyers just can’t catch a break these days. Vehicle prices climbed sharply during the pandemic, and now the…

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Business

China trade down on weak global demand, virus curbs

[ad_1] BEIJING — China’s trade shrank in October as global demand weakened and anti-virus controls weighed on domestic consumer spending.…

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Business

Household income is about to get a boost. Here’s what it means for your wallet and the economy

[ad_1] Customers shop at a Walmart in Houston on Aug. 4, 2021. Brandon Bell | Getty Images After a year-long…

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