Economy

Just 65% of parents with kids under 18 say they’re, “doing OK financially or living comfortably,” according to a recent Federal Reserve survey. That’s down 10 percentage points since 2021.

The rebound was especially strong after the U.S. and China reached a temporary deal to lower mutual tariffs.

One reason for the decline is that companies stockpiled goods in March trying to get ahead of tariffs, and are now pulling back. But it also could signal tough times ahead for the U.S. economy.

But their outlook just might be improving.

They’re backward-looking indicators, but economists can’t know where we are unless they know where we’ve been.

Foreign students are starting to look elsewhere.

In a balanced housing market, households making about $100,000 a year should be able to afford 60% of homes. Today, they find less than 40% within reach.

Restaurants being used as pawns between OpenTable and Resy is showing how much capturing big spenders in these categories matter to credit card companies, said Priya Krishna at the New York Times.

Big cities are cauldrons for innovation — and the pay’s better.

Despite boycott threats from conservatives, Costco reported that net sales for April were up 7% from last year.