Packages of ground beef are displayed at a Costco store on May 02, 2024 in Novato, California. Justin Sullivan | Getty Images
Booming luxury travel and a jump in ‘relief’ loans
At American Express, consumers are continuing to open high-fee credit cards and splurge on luxuries like travel. But for lending firm Upstart,
Consumer sentiment tumbles as inflation fears surge, closely watched survey shows
Consumer sentiment slumped as inflation expectations rose, despite otherwise strong signals in the economy, according to a closely watched survey released Friday.
Markets reprice Bank of England rate cut bets
Bank of England Governor Andrew Bailey attends the central bank’s Monetary Policy Report press conference at the Bank of England, in London,
The U.S. is now Germany’s biggest trading partner ahead of China
The flags of the U.S. and Germany are on the table at a bilateral meeting between German Economics Minister Habeck and U.S.
Renters’ hopes of being able to buy a home have fallen to a record low, New York Fed survey shows
A sign advertising a home for sale is displayed outside of a Manhattan building on April 11, 2024 in New York City.
Jobless rates rise in April for all race groups except Black Americans
A networking and hiring event for professionals of color in Minneapolis. Michael Siluk | Getty Images The unemployment rate for Black Americans
Immigrant workers are helping boost the U.S. labor market
People walk through the newly opened Grand Central Madison train terminal in Manhattan on February 27, 2023 in New York City. Spencer
U.S. job growth totaled 175,000 in April
Signage at a job fair at Brunswick Community College in Bolivia, North Carolina, US, on Thursday, April 11, 2024. Allison Joyce |
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