U.S. consumer spending climbs sharply in June, but mostly because of high inflation
admin The numbers: Consumer spending, the main engine of the U.S. economy, jumped 1% in June,…
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‘Savings are gonna run out’: Already battered by high inflation, Fed’s rate hike will hit lower-income and rural Americans hard
The Federal Reserve hiked its benchmark rate by 0.75 percentage points on Wednesday in an…
Read MoreInvestors snap up homes at a furious rate — in some regions they bought as many as 20% of houses for sale
First-time homebuyers who struggled to snag a property this past spring might have been competing…
Read MoreIs the housing market in a recession? Here’s what economists are saying and mortgage rates fluctuate, fall slightly on the back of the Fed’s rate hike
Hi, MarketWatchers. Don’t miss these top stories. Is the housing market in a recession? Here’s…
Read MoreJon Stewart slams Republican senators like Pat Toomey who voted against PACT Act for veterans
Jon Stewart says there’s nothing funny when it comes to Pennsylvania Republican Sen. Pat Toomey…
Read More‘It will be mostly a white-collar recession’: Milken economist William Lee on how the next economic downturn will be different
“It will be mostly a white-collar recession. And the blue-collar recession will not be in…
Read MoreHome prices are being slashed in these 10 cities as real-estate market cools and Milken economist William Lee on how the next economic downturn will be different
Hi, MarketWatchers. Don’t miss these top stories. Home prices are being slashed in these 10…
Read More‘I came into the marriage with a lot more money’: Is it ethical to distribute cash from my pre-marital investment accounts to my kids — without telling my second wife?
Dear Quentin, I am struggling with the ethics of a highly personal situation. I am…
Read MoreAre you a millennial? Your net worth has likely doubled since the pandemic began (but there’s one big caveat)
Nice job, millennials: You just doubled your total net worth since the start of the…
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Opinion: Conservative Supreme Court taking America back to first principles
Judging by reaction to recent Supreme Court decisions on abortion, environmental rule making, freedom of…
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