Millions of Americans have watched their net worth spike since the pandemic, powered by meteoric gains in the stock market.
An economic downturn is supposed to drive spending on small luxuries like going out to the movies. But the world’s second-largest economy, currently mired in a slump, is challenging that long-held ...
Still, pockets of the food industry currently experiencing shortages due to disease or weather could continue to see higher prices, economists have told CNN. Plus, they note that volatility in food ...
Lower-income Americans still struggling after years of high inflation and elevated interest rates could face a new battle if ...
But Powell is no stranger to uncertainty. “If I were to describe Chair Powell in one word, it would be ‘nimble’,” Ellen Zentner, chief economic strategist at Morgan Stanley Wealth Management, told CNN ...