Official data released Friday revealed that prices rose at an annual rate of 3.3% last month. This momentum showed that inflation is rapidly closing the gap...
The economy of US President Donald Trump exceeded expectations in his first year back in office, but this situation applies primarily to America’s wealthiest households. According...
The US economy recorded strong growth in July, August, and September, supported by steady consumer spending, particularly in healthcare services. According to a statement made by...
The long-awaited economic slowdown for the US economy has already begun for poorer Americans. Higher-income consumers account for a large portion of the spending that remained...
