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The housing market is "locked in"
Pending home sales rose in August, boosted by a slight drop in mortgage rates. Overall, though, the market remains sluggish — owners don't want to gi…
6 months, 3 weeks ago
Consumer spending outpaced income — again
In August, Americans spent more than they made for the third month in a row. Thanks to tariff-induced price bumps, consumers are dipping into savings…
6 months, 4 weeks ago
A quick GDP refresher
Turns out the economy grew faster than we initially thought in the second quarter of 2025. Between a slowing job market and uncertain trade policies,…
6 months, 4 weeks ago
What's with the streaming price hikes?
Disney’s streaming platforms — Disney+, Hulu, and ESPN — will see price hikes come October 21. They aren’t alone. As the streaming wars escalate, com…
6 months, 4 weeks ago
Rate cut? So what?
Newly appointed Fed governor Stephen Miran has argued the federal funds rate should be a full two percentage points lower than its current level. A m…
7 months ago
Who's got the pricing power?
Economic data reports tell us two things are true: Inflation seems here to stay, and consumers haven’t let up on spending. It’s the perfect storm for…
7 months ago
Google raises the stakes of the AI race
Google announced it will integrate Gemini, its AI assistant, into the Chrome web browser. That will transform Chrome — the most used search engine — …
7 months ago
The job market's bizarre balancing act
The number of new hires in August was about equal to the number of Americans who lost or quit their jobs in the same month. That means they sorta jus…
7 months ago
Hey, big spender!
The top 10% of earners in the U.S. accounted for nearly 50% of spending in the second quarter — the highest share since Moody's Analytics began colle…
7 months ago
The cost of GOP cuts to coal royalties
Wyoming made billions from coal mining over the last 50 years, funding the government, schools, roads, parks. But President Trump’s major spending bi…
7 months, 1 week ago