Buffett on Wealth Inequality and Economic Growth
Warren Buffett, the iconic investor and Chairman of Berkshire Hathaway, isn't shy about addressing the gaps between the rich and poor.
Americans Are Misjudging Economy, Per Biden Administration
A recent Harris poll for The Guardian reveals widespread misconceptions about the U.S. economy. Most Americans (56%) believe the country is in a recession, but it's not
Memorial Day BBQ Costs Rise… So Prepare to Spend More
Planning a Memorial Day barbecue? Get ready to spend more than last year.
Stocks Edge Higher Amid Choppy Week
Stocks nudged higher on Friday, wrapping up a volatile week.
Americans Are Split on Economy Despite Growth
More than half of Americans believe the U.S. is in a recession, even though the GDP has been growing for several years.
Experts Are Warning of Economic Downturn
Nancy Lazar from Cornerstone Macro is sounding the alarm about a possible economic downturn.
Business Insider Took A Closer Look At Middle Class in America
A Business Insider analysis of 2022 US Census Bureau data revealed stark contrasts in the middle-class population across states.
New York Fed Enhances Supply Chain Data with New Indexes
The Federal Reserve Bank of New York is enhancing its supply chain data tracking with new "Supply Availability Indexes."
McDonald's $5 Meal Deal Is A Limited-Time Offer That's Causing a Stir
McDonald’s is launching a $5 Meal Deal in the U.S. to attract customers amid rising inflation.
Jobless Claims Fall, But Economic Slowdown Persists
The number of Americans filing for jobless benefits dropped last week, undoing nearly half of the previous week's spike.
McDonald's Ends Free Drink Refills, Sparking A Trend Across Fast Food
Say goodbye to free soda refills at McDonald's, a move that's stirring up more than just the ice in customers' cups.
McDonald's Plans $5 Meal Deal to Win Back Price-Sensitive Diners
McDonald's is reportedly gearing up to introduce a $5 meal deal, aiming to attract customers who felt priced out by recent hikes.
The U.S. is Facing A Retirement Reality Check
A recent survey by asset management firm Schroders revealed that only 4% of retirees feel they are "living the dream," while another 4% are "living the nightmare."
Forbes Advisor Explores the Cost of Savings With Metro and State Rankings
California's reputation for high living costs is well-known, but a recent report from Forbes Advisor highlights other areas across the United States that can put a strain on your wallet.
Fed Finds Comfort in Cooler Job Growth and Wage Increases
On Friday, Federal Reserve officials breathed a sigh of relief as April’s job data revealed a cooling in wage growth and hiring rates that hark back to pre-COVID-19 days.
Rising Interest Rates Push Homebuyers Toward Adjustable Rate Mortgages
In the face of soaring interest rates, many U.S. homebuyers are opting for adjustable rate mortgages (ARMs) as a more affordable alternative to traditional fixed-rate mortgages.
Generational Wealth Transfer of Inheritance Among Millennials Isn’t That Simple
The average net worth for older Americans might seem high, but this number is skewed by wealthier individuals.
U.S. Cities Grapple with Financial Strains Post-Pandemic
Across the United States, municipal governments are tightening their belts as the financial support from the pandemic era fades and inflation persists.
Landstar Navigates Market Challenges with Optimistic Outlook
Landstar System, a logistics company, shared a mixed bag of results in their recent earnings call, staying optimistic despite a tough market.
U.S. Residential Electricity Bills in 2023 Rose Less Than Rate of Inflation
In 2023, the average monthly electricity bill for U.S. homes nudged up by 2% to $138, which was actually less dramatic compared to the overall inflation rate of 4.1%.