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The U.S. Census Bureau found that the richest Americans’ income rose last year, and women and Black people lost ground.
High-income households fared better than others, while women lost ground to men, according to Census Bureau data.
Tariffs continued to push up prices and squeeze household budgets in August, if forecasters are right about this week's ...
But prices rose more than 14% cumulatively between April 2021 and May 2023, a huge jump from annual inflation rates that have ...
Economists are split into opposite camps on which is more important for the Fed to battle — slower growth or higher inflation ...
Persistent inflation remains a pain point for consumers — and for the Federal Reserve as it weighs whether to lower interest ...
Social Security beneficiaries would welcome extra money in the bank from a COLA hike. But some might only be looking at $50 a ...
Outside of Thursday's inflation data, the weekly update on mortgage rates will be closely watched. Consumer sentiment, out Friday, will offer another look at how Americans are feeling about a slowing ...
Hispanics have been a key engine powering consumer spending during the U.S. pandemic recovery, but the group is starting to ...
Retirees may receive a 2.7% Social Security cost-of-living adjustment in 2026, but higher Medicare premiums could offset much ...
This increase was mainly driven by soaring air fares - which jumped by 30.2% - driven by higher school holiday prices - ...
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