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Big Banks: High Interest Rates and Sticky Inflation Haven’t Dented Consumer Spending
Morningstar· 1 day agoFrom their vantage point, the biggest banks can paint a picture of consumers’ ability to spend, how...
US Economy's High-Wire Act: Growth vs. Recession Predictions
Denton Record-Chronicle· 18 hours agoThe United States economic landscape looks promising again. Unemployment holds below 4 percent....
Caution to the wind: What happened to the saving rate?
The Forex Market· 1 week agoSaving less on a monthly basis in order to sustain spending can continue to add to an already robust...
Americans are saving less these days. Here’s why and what that means
CNN Business via AOL· 5 days agoAmericans haven’t been stashing money into their savings accounts like they used to, according to...
3 Funds to Boost Your Portfolio on Soaring Consumer Spending
Zacks via Yahoo Finance· 1 week agoAt the same time, consumer spending surged by $145.5 billion, or 0.8% month over month in February....
Key events in developed markets and EMEA next week
The Forex Market· 10 hours agoMeanwhile, we forecast the National Bank of Hungary to cut rates to 7.75% and the Central Bank of Turkey to keep rates on hold at 50%. Vigorous GDP...
US retail sales up more than expected in March
Digital Journal· 4 days agoRetail sales in the United States grew more than anticipated last month, government data showed on Monday, defying predictions of weaker consumer demand....
There are 3 reasons the US hasn't seen a recession yet, according to top economist David Rosenberg
Business Insider via Yahoo Finance· 2 days agoThe third factor supporting his argument is the expansion of consumer spending, boosted by the...
Can’t pay or file your taxes by April 15? Here’s what happens if you miss Monday’s deadline
The Times of Northwest Indiana· 1 week agoMost people have until 11:59 p.m. Monday, April 15, to file their 2023 taxes. Here's what to do if...
Why is the economy so strong? New hires are spending more and upgrading their lifestyles
USA TODAY via Yahoo Finance· 2 days agoInflation is at 3.5%, still well above the Fed’s 2% goal. Americans’ pandemic-related savings have...
