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Moody's projects real consumer spending will decelerate to about 1.5% this year as high prices and reduced savings push Americans to prioritize deals and necessities.
The Biden-era Medicare negotiation framework goes into effect, capping costs for Zepbound and similar obesity medications for seniors at $50/month starting April 1.
The University of Michigan's final January consumer sentiment reading came in at 56.4, above expectations of 54.0, as one-year inflation expectations dropped to 4.0%.
November retail sales rose 0.6%, beating forecasts and underscoring the American consumer's continued willingness to spend despite elevated interest rates and inflation concerns.
The University of Michigan's final January reading shows consumer confidence at its highest since September 2025, though still well below year-ago levels amid persistent inflation worries.
Top CD rates remain at 4% APY heading into late January as Fed holds steady. Financial advisors suggest locking in rates now before potential 2026 cuts.
As tariff costs shift from businesses to consumers, the average American household will pay $1,500 more in 2026—up from $1,100 in 2025—according to new analysis.
With the Fed signaling more rate cuts in 2026, CD rates are beginning to decline from their recent highs. Here's how a laddering strategy can help you maximize returns while maintaining flexibility.
JPMorgan analysts warn that businesses absorbed 80% of tariff costs in 2025, but that ratio could flip to 20% as companies finally pass through the $187 billion import tax burden.
The IRS begins accepting 2025 tax returns January 26, with new deductions for tips, overtime, and car loan interest potentially leading to larger refunds for millions of Americans.
December's core inflation reading of 2.6% came in below expectations, offering relief to consumers while supporting the Fed's decision to hold rates steady at its January meeting.
Circana data shows American consumers bought fewer items in December despite flat dollar sales, signaling price sensitivity and potential spending fatigue as 2026 begins.