Americans are getting more worried about losing their jobs

newsweek.com More Americans are concerned about the jobs market and believe that their incomes may come under pressure over the year ahead at a time when the economy is grappling with…

UMich Sentiment & Inflation Expectations Worsen In May (But Bounce From Flash Prints)

zerohedge.com UMich Sentiment & Inflation Expectations Worsen In May (But Bounce From Flash Prints) Today's final UMich sentiment survey data was expected to confirm the ugly preliminary…

Consumer Sentiment Weakens in May. Blame Inflation and the Labor Market

barrons.com Consumers are entering the summer months feeling rather gloomy about their financial situation. The University of Michigan’s consumer sentiment index fell to a reading of…

The Worst Best Economy Ever. Why Biden is getting no credit for the boom

theatlantic.com Joe Biden is, at the moment, losing his reelection campaign. And he is doing so while presiding over the strongest economy the United States has ever experienced. The…

Largest rent increases are in swing states. Will it spell trouble for Biden?

aol.com John Pike’s biggest fear is ending up on the street. For years, the retired 79-year-old Madison, Wisconsin, resident has barely made ends meet, with no discretionary income…

Men’s Wages Nearly Twice as Likely as Women’s to Keep Up With Inflation

pymnts.com As consumers see their spending power dwindle amid ongoing inflation, women are bearing the brunt of it, PYMNTS Intelligence research reveals. By the Numbers The December…

Consumers are so demoralized by inflation and high rates they've given up on saving for the American Dream and are spending money instead, economist says

fortune.com An economist offered an explanation for a paradox that has emerged in recent data showing that spending has remained robust even as consumers report feeling pessimistic.…

Consumers are so demoralized by inflation and high rates that they’ve given up on saving for the American Dream and are spending money instead, economist says

aol.com An economist offered an explanation for a paradox that has emerged in recent data showing that spending has remained robust even as consumers report feeling pessimistic.…

Why Americans' confidence in finding a new job is tanking even as the labor market is humming along

businessinsider.com Americans are becoming more pessimistic about their chances of finding a new job if they lose their current one, but the US labor market is holding strong. Getty Images…

Labor Dept Reports Initial Jobless Claims Drop by 10K

pymnts.com The number of initial claims for unemployment insurance dropped by 10,000 during the week ended Saturday (May 11), reversing about half of the increase that was seen a week…

Buckle up America: Powell says interest rates will stay high for now

businessinsider.com By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time. Access your favorite topics in a personalized feed while you're on…

Dow Jones passes 40,000 points for first time amid strong quarterly results

theguardian.com The Dow Jones Industrial Average passed 40,000 points for the first time on Thursday, powered by strong quarterly results from corporate America and rising bets of…

Buckle up America: Powell says interest rates will likely stay higher for longer as inflation stubbornly refuses to come down

aol.com None Fed Chair Jerome Powell said that he expects interest rates to stay higher for longer. • None He said his confidence that inflation will slow "is not as high as it…

U.S. Household Debt Hits Record $17.69 Trillion Amid Rising Delinquency Rates

tftc.io In the first quarter of 2024, U.S. households have encountered increased financial strain as confirmed by the latest data from the Federal Reserve Bank of New York. Total…