El-Erian: Low-Income Americans Are Near Recession, Putting Rest Of Economy At Risk
Mohamed El-Erian, chief economic adviser at Allianz, is warning that lower-income Americans are under "significant pressure".
Recent
Bank Of America: Nearly One-Third Of Low-Income US Households Are Living Paycheck To Paycheck
More Americans are living paycheck to paycheck, largely because lower-income earners spend most of their money to cover essentials.
'Already Too Late': Hedge Fund Billionaire, Who Predicted 2008 Financial Crisis, Gives Big Warning Over Trump Tariffs
'Already too late': Hedge fund billionaire, who predicted 2008 financial crisis, gives big warning over Trump tariffs
Corporate America Is Trying To Tell Us Something About The Economy, Top Analyst Says
A 3-year recession for ‘much of the private economy’ ended in April.
What Is A 'K-Shaped' Economy, And What’s Causing The Divide?
The “K-shaped” economy, widely touted in the financial press, is the latest expression of wealth inequality.
The Chipotle Indicator: Is the Economy Teetering on a Recession or Nah?
In lieu of official economic data (thanks, government shutdown), we have the Chipotle (CMG) economic indicator.
Fed's Powell: Stock Market Is Helping Support Consumer Spending Now
Fed Chair Jerome Powell acknowledged that the soaring stock market is helping support consumer spending — and the overall economy — right now.
