Source: en.wikipedia.org
For lower-income consumers, the most vulnerable subset of the paycheck-to-paycheck economy, the outlook is, in a word … gloomy. As measured in the latest reading...
Three banks will lower their prime lending rate after the Federal Reserve decided to reduce the federal funds rate. BMO, Truist Financial and MT&T Bank...
Target says it aims to hire roughly 100,000 workers for the holiday shopping season. The retailer’s plans, announced Monday (Sept. 16), are in line with last year’s hiring levels,...
Although jobless claims newly reported for the past week were only slightly higher, the psychological effect may be one where consumers are more cautious about...
Accounting giant PricewaterhouseCoopers (PwC) is reportedly cutting around 1,800 jobs. The layoffs, its first in 15 years, will be accompanied by a restructuring of PwC’s...
American household incomes increased 4% last year, the first significant increase since before the pandemic, according to the Census Bureau. The data showed that real...
Monday (Sept. 9) offered up a snapshot of consumer sentiment on where inflation is headed, their overall feelings about managing a mounting debt load, and...
On the face of it, the jobs report released Friday (Sep. 6) had some good news — at least for those looking for confirmation that...
The labor market continued to cool in August, with job creation among private employers slowing for the fifth consecutive month and wage growth remaining flat....