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Consumers Are Feeling Gloomy About The Economy. Here’s Why They’re Spending Anyway

by The Wealth Advisor Contributor
Consumer sentiment has fallen and layoffs are rising, yet U.S. shoppers have fueled solid retail sales growth.

Featured

Startup Backed By Altman, JPMorgan Announces Capital Lending Partnership With Amazon

Slope, a lending startup that uses artificial intelligence to vet businesses, is partnering with Amazon starting Tuesday.

Trump Says He’s ‘Strongly’ Considering Reclassifying Pot Via Executive Order

President Donald Trump confirmed he’s considering an executive order loosening regulations on marijuana.

Meet Rob Reiner’s Four Children Who Will Inherit His $200 Million Fortune, His Murder Suspect Nick Reiner Is One Of Them

Legendary Hollywood film-maker and actor Rob Reiner and his wife Michele have been found dead in their Los Angeles home.

Recent

Washington Wire

Trump Says Fed Could Have ‘At Least Doubled’ Latest Interest Rate Cut

President Donald Trump said the Fed's decision to cut benchmark interest rates by a quarter percentage point could have been "at least doubled."

Companies

Elon Musk's SpaceX To Raise Over $25 Billion In Blockbuster 2026 IPO, Source Says

Elon Musk's SpaceX is looking to raise more than $25 billion through an initial public offering in 2026.

Crypto4Advisors

JPMorgan Says There Is No New Crypto Winter

Bitcoin has been sliding, sentiment has been deep in Fear mode, and Crypto Twitter has been panicking. But one major bank isn’t concerned.

Companies

Wells Fargo Sees S&P 500 Clocking Double-Digit Gain In 2026 As AI Boosts Profits, Tax Refunds Lift Spending

Wells Fargo (WFC) is the latest Wall Street firm to outline another bullish outlook for the S&P 500 (^GSPC) in 2026.

  • More Articles

Popular

Washington Wire

Big Short’ Michael Burry Issues Dire Warning On US FED’s $40B T-Bills Buy Plan

Washington Wire

Exclusive-Nasdaq Seeks To Extend Trading Hours, As Wall Street Gears Up For 24/7 Move

Retirement Channel

How Do Your 401(k) Balances Compare To The Average For People In Their 40s And 50s?

Companies

JPMorgan Prepares To Launch First Tokenized Money Market Fund

Companies

End Of ‘The Berkshire Way’? Combs’ Departure Isn’t Only Big Change As Buffett Transition Nears

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