New data from the Bureau of Economic Analysis shows as prices go up, people are continuing to spend more money than they earn and are also saving less.

The Treasury Department released a preliminary list of jobs eligible for President Donald Trump’s $25,000 “no tax on tips” deduction, and it had a few jobs that you might not expect.

The pessimism varies inversely with income, with the biggest earners feeling the least gloomy.

Consumers have been saying how fed up they are with inflation. But they keep on buying stuff, says Stephen Brown at Capital Economics. 

Common economic measurements, like GDP growth, tell us how fast the economic pie is growing. But they don’t tell us how the pie is getting distributed.

From 2019 to 2022, total U.S. household wealth grew 25%., but there’s lots of evidence that Americans are disenchanted with this economy.

The job market is still tilted in workers’ favor.

In its latest report on restaurants, Toast finds a shift toward restaurant spending in the mornings, away from lunch and dinner.

Raises in real earnings help offset price increases but not all consumers share the benefits equally.

The CBO data show purchasing power rising across all income groups, but the numbers reflect averages, and individuals’ experiences vary.