The gap between the richest and poorest Americans is widening in what Fed Chair Jerome Powell called a 'bifurcated economy.' ...
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Heavy Truck Sales Increased in July
This graph shows heavy truck sales since 1967 using data from the BEA. The dashed line is the July 2024 seasonally adjusted annual sales rate (SAAR) of 485 thousand. Heavy truck sales really collapsed ...
Inflation isn’t moving down as quickly as the Federal Reserve hoped, forcing investors to dig in for a longer wait for the central bank to begin cutting interest rates. Two inflation reports this week ...
Financial market observers have been quick to jump on the recession bandwagon. Many reliable indicators have started to perk up from levels that have traditionally warded off contractions in business ...
There are all kinds of people online spotting informal recession indicators. Planet Money takes some of those to see how they compare to the indicators economists watch. A quick spin around social ...
The word “recession” has a way of making people uneasy — especially retirees or those nearing retirement. Economic slowdowns can trigger market declines, job losses and financial uncertainty. But ...
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