Consumer Confidence Unexpectedly Surges in September
Consumers are looking more confident in September than had been expected. Other data had indicated a weakening in the strength of the recovery.
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Ageism Is Rampant in COVID-19 Era
Older workers who lost their jobs due to the coronavirus pandemic have dropped out of the workforce or are having more difficulty finding new jobs than are younger workers.
Some Wealth Gap Improvements Were Happening, Then the Recession Hit
According to the Federal Reserve, , there was some good news and some bad news in the wealth gap and disparities among different races in America.
Texas Manufacturing Hits 10-Month High in September
The Dallas Fed's Texas manufacturing survey indicates continued improvement in the state's economy.
Durable Goods Hang Positive, but Showing Softness
The U.S. Commerce Department reported that August's new orders for manufactured durable goods increased, but not as much as expected.
This Is the County Where the American Dream Is Completely Dead
While the current recession may rob many people in the United States of their opportunity to have the American dream in their future, for the residents in one place, that chance is close to…
These Are the States Where the Most People Have Trouble Feeding Their Children
New research shows that almost 12% of American adults with children said they were in households where their children did not have enough to eat.
CEO Economic Outlook Brightens a Little in Q3
The Business Roundtable's third-quarter revision to its economic outlook has brightened but opportunities for a stalled recovery remain.
Fed’s 2% Inflation Target Already May Have Cracks
The Federal Reserve's new efforts of targeting inflation to get up to and above 2% in consumer prices might not even matter.
CBO Forecasts Endlessly Rising Debt and Weaker GDP Out to 2050
The Congressional Budget Office publishes each year a nonpartisan long-term projection of what it expects will be seen in federal deficits, debt, spending, and revenues. The annual report looks out over a period of…
More Fed Data Point to Slowing Economic Recovery
The Chicago Fed National Activity Index declined in August, echoing the ongoing trend of a slowing economic recovery.
For People Worried About Climate Change, This Is the Best Place to Live in America
The effect that the environment has on the places people live in America has been in stark relief this month. But one tiny corner of America almost certainly will not be affected by climate…
This College Is at the Bottom of the List of America’s 800 Best Colleges
At the bottom of the latest Wall Street Journal list of America's best colleges is Youngstown State University. See how it compares with Harvard, which tops the list.
GDP and Election Implications as Consumer Spending and Consumer Sentiment Conflict
24/7 Wall St. has tracked Friday's reports, and there seems to be a slight divergence of what the consumer sentiment report looks like against actual consumer spending patterns.
US Consumer Sentiment Gains More Strength in September
According to the University of Michigan's preliminary September consumer sentiment survey, Americans are more upbeat about the U.S. economy, but the upcoming election and an approved COVID-19 vaccine remain as concerns.