Americans Are Buying Fewer Staples as Inflation Crimps Budgets
Retail unit sales in US for items such as laundry detergent, shampoo and diapers fell in the three months through July 10 compared to a year earliar.
Recent
Bank Data Shows U.S. Consumer Financial Health Holds Up Amid Rising Inflation
Americans' financial health held up well in the second quarter even as inflation sent gas and grocery bills higher and ate into savings.
The Job Market is Poised to Slow 'Sharply,' Goldman Warns
U.S. job market is poised for a rapid slowdown as economic growth cools, Goldman Sachs warned in a new report.
Social Security May Get 10.5% Raise in 2023 As Prices Surge. But Don't Party Yet, Some Say.
Social security beneficiaries could get one of the largest cost-of-living raises since 1981 next year if inflation remains hot.
There's Good News From the Biden White House on Gas Prices
Biden administration is reeling from gasoline prices that crested to $5 per gallon in June and are still historically high.
Recession? What recession? Just don't quit before lunch!
Jay Baker is not worried about a recession. He worries about whether his new workers will keep leaving before the end of their first shift.
Study Links Financial Discipline to Greater Happiness and Better Sleep
Northwestern Mutual's 2022 Planning & Progress Study finds more than half - 54% of US adults anxious about their finances; Gen Z and Millennials 66%.
