Why Are People So Down About the Economy? Theories Abound.
Posted inBanking and Financial Institutions Bernstein, Jared Biden, Joseph R Jr Bostic, Raphael W Charlamagne Tha God Consumer Behavior Consumer Confidence (Economic Indicator) Economic Conditions and Trends Inflation (Economics) Interest Rates Mester, Loretta J Prices (Fares, Fees and Rates) Trump, Donald J United States Economy Wages and Salaries

Why Are People So Down About the Economy? Theories Abound.

Things look strong on paper, but many Americans remain unconvinced. We asked economic officials, the woman who coined “vibecession” and Charlamagne Tha God what they think is happening.
In China Businesses Cut Prices as Consumers Spend Less
Posted inBudgets and Budgeting China chinese economy Coffee Consumer Behavior Consumer Confidence (Economic Indicator) Delivery Services Economic Conditions and Trends Foreign Investments Luckin Coffee Meituan-Dianping Pinduoduo (Mobile App) Savings Shopping and Retail Starbucks Corporation Temu (Website)

In China Businesses Cut Prices as Consumers Spend Less

Beijing hopes spending can spur growth, which has been dragged down by slowing real estate sales and exports. But shoppers are gravitating to discounts.
U.S. Government Shutdown Is Unlikely to Cause an Immediate Recession
Posted inConsumer Confidence (Economic Indicator) Government Bonds Government Employees Gross Domestic Product Inflation (Economics) Organized Labor Recession and Depression Shutdowns (Institutional) Strikes United States Economy United States Politics and Government

U.S. Government Shutdown Is Unlikely to Cause an Immediate Recession

White House and Wall Street estimates suggested the economy could withstand a brief shutdown, with risks mounting the longer it lasts.