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The Federal Reserve Bank of New York's December Survey of Consumer Expectations shows job-finding expectations fell to a record low of 43.1%, while delinquency concerns hit pandemic-era highs.
After powering the economy through 2025, consumer spending is expected to slow to 1.5% growth in 2026 as the K-shaped divide between high and low earners deepens.
Goldman Sachs analysts warn that 2026 could bring another wave of AI-driven layoffs as companies shift budgets from human workers to automation. Half of AI-attributed layoffs may be quietly rehired offshore.
America's economic divide is widening. The top 10% of consumers drive 50% of spending while lower-income households retrench, creating a 'K-shaped' economy with profound implications.
Forecasters predict 2026 will deliver the lowest gasoline prices since the pandemic, with potential savings of hundreds of dollars per household as oil markets enter a supply glut.
As the top third of households drive more than half of consumer spending while a quarter of Americans live paycheck to paycheck, economists warn the consumer divide could widen further in 2026.
Millions of Americans are embracing 'Low-Buy January' to cut unnecessary spending, build savings, and reset financial habits after a record holiday season.
A new Goldman Sachs report suggests companies are pivoting from using AI for productivity to using it for workforce reduction. 2026 may mark the year AI stops helping workers and starts replacing them.
California's minimum wage rises to $16.90, 'stay-or-pay' agreements face new restrictions, and pay equity rules expand. Here's how the changes affect your paycheck.
New data shows high-income households spending 2.6% more while lower-income families manage just 0.6% growth. The divergence is reshaping retail, real estate, and policy.
New analysis shows the average American household will pay $1,400 more in 2026 due to tariffs on imports from China, Mexico, and Canada. Here's how the trade war affects your wallet.
The national average gas price has fallen to $2.83 per gallon, the lowest since late 2020. Here's what cheap fuel means for consumers and the inflation outlook.