Indeed, the share of consumer spending devoted to services has at last caught up with its pre-pandemic trend (see chart 1).

Baby Boomers (those born between 1946-1964, or aged 61-79 in 2025) stand out as the wealthiest generation in history. Born into the post-WWII expansion, they bought homes when prices were low, earned ...

Job market holds steady—but growth slows amid tariff uncertainty and weak consumer demand Businesses like UltraSource brace ...

The Trump economy is being rebooted in ways that economists are not even able to figure out because we haven't done this ...

Companies say they are freezing hiring and investment to deal with shifting tariff policies, which is compounding an uneasy ...

And Mr Trump’s threat to end the government’s business dealings with Mr Musk could damage SpaceX, his rocketry firm, which ...