TRENDING TOPICS
319 articles found for "tax"
America's personal savings rate has dropped to 3.5%, the lowest since 2022. With consumer spending declining and tariff fatigue setting in, here's what this trend means for household financial health.
Moody's projects real consumer spending growth of just 1.5% in 2026. Lower-income Americans are cutting dining, travel, and fitness as the K-shaped economy widens.
US retail sales for December 2025 were flat at 0.0%, significantly missing the 0.4% forecast. The signal of consumer exhaustion arrives just before Friday's critical GDP and PCE release.
DOGE engineered the largest peacetime federal workforce reduction in US history. But government outlays rose by $423 billion in the same period. Here's why cutting workers doesn't cut spending.
The Trump administration is preparing to scale back steel and aluminum tariffs on hundreds of consumer goods, signaling a pragmatic shift in trade policy after a year of rising household costs.
The SBA has blocked green card holders from accessing SBA-backed loans and tightened credit standards, fundamentally changing who can access the $30 billion federal small business lending program.
The University of Michigan's Consumer Sentiment Index sits at 57.3, a 12-year low, while a 50-point political confidence gap — the widest ever recorded — is fracturing the economic picture and complicating forecasts for consumer spending.
A Federal Reserve Bank of New York analysis shows U.S. businesses and consumers absorbed nearly 90% of tariff costs in 2025, adding an estimated $1,300 per household as prices climb on furniture, food, and electronics.
The three-month Congressional moratorium on federal reductions in force expires this week. A Friday court hearing in San Francisco could determine whether mass layoffs resume or are blocked.
The Consumer Price Index rose just 0.2% in January, bringing year-over-year inflation to 2.4% and beating expectations. But economists warn that tariff-driven price increases could reignite inflation.
A second partial government shutdown began February 14 affecting DHS workers, while DOGE-driven workforce reductions have eliminated 72,000 federal positions. Here is what it means for your finances.
Used car prices are projected to decline 4% in 2026 as millions of off-lease vehicles return to the market, reversing years of pandemic-era inflation and giving buyers negotiating power they have not had since 2019.