One of the biggest economic surprises of 2023 was how quickly inflation faded. A dig into the details offers hints at whether it will last into 2024.
Category: United States Economy
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From A.I. to inflation, 11 business charts that explain 2023
Inflation, bank failures, strikes, and artificial intelligence provided some of the biggest stories and trends of 2023.
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Wall Street strategists’ bull and bear scenarios for 2024.
Wall Street’s forecasts mostly missed this year’s bull market rally. Here’s what strategists are saying about 2024.
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Holiday Spending Increased, Defying Fears of a Decline
While the pace of growth slowed, spending stayed strong because of robust job growth and strong wage gains.
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Downturn or Not? At Year’s End, Wall St. Is Split on What’s Ahead.
Analysts bullish on 2023 were largely right and expect more of the same in 2024. Bears caution that the Fed’s impact is yet to be determined.
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Red Sea Shipping Halt Is Latest Risk to Global Economy
Next year could see increasing volatility as persistent military conflicts and economic uncertainty influence voting in national elections across the globe.
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Americans May Be Taking on Too Much Pay Later ‘Phantom Debt’
Buying mattresses, clothes and other goods on installment plans has propped up spending, but economists worry that such loans could put some people at risk.
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Just How Rich Were the McCallisters in ‘Home Alone’?
Fans have been debating the McCallister family’s wealth for years. We asked the Federal Reserve for answers.
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What Social Trends Taught Us About the 2023 Economy
From girl dinners to ChatGPT, a look back at the trends that broke the internet and taught us about the American economy this year.
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Red Sea Attacks Add Another Snarl to Global Shipping
Already hampered by problems at the Panama Canal, shipping companies are now steering clear of the Suez Canal to avoid being attacked in the Red Sea.
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Wall Street’s Bond ‘Vigilantes’ Are Back
The financial world has been debating if market appetite for buying U.S. debt is near a limit. The ramifications for funding government priorities are immense.