Economy

The National Retail Federation predicts that this holiday season, retailers will hire fewer than 365,000 workers — the lowest number in 15 years.

The idea has a mixed record.

With heat and electricity bills on the rise, many households are falling behind on payments, according to a new analysis by progressive nonprofits Century Foundation and Protect Borrowers.

Clara Mattei, president of the Forum for Real Economic Emancipation, discusses austerity measures, exploitation, and more.

Many consumers will have to pare down or spend more on gifts this year, just to match what they gave last year.

Last month, 6.65% of subprime borrowers were at least 60 days late on their car payments. That’s the highest delinquency rate since the 1990s, according to Fitch Ratings.

Thirty-two percent of business owners say they have jobs open that they can’t fill. And 27% cited labor quality as their single most important problem— the highest level since this time in 2021.

We look at why the unequal "K-shaped" pandemic recovery persists half a decade later, according to professor Peter Atwater.

Start with the fact that most consumers don’t spent a whole lot on imported goods.

The top third of stock owners are more optimistic. Everyone else is a lot more pessimestic.