economy

Americans spending more for the holidays despite dour economic views

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Americans spending more for the holidays despite dour economic views

Americans may not be feeling jolly about their economic prospects, but that didn’t stop shoppers from opening their wallets on Black Friday and driving spending to new records. Despite record holiday sales, however, other signs suggest consumers are getting a smaller bang for their buck because of rising inflation and stingier seasonal discounts. Consumers spent … Read more

Technical Assessment: Bullish in the Intermediate-Term

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Analyst Report: Church & Dwight Co., Inc.

Technical Assessment: Bullish in the Intermediate-Term #Technical #Assessment #Bullish #IntermediateTerm

Employers have cut 1.1 million jobs this year. Here’s what’s behind the wave of layoffs.

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Employers have cut 1.1 million jobs this year. Here’s what’s behind the wave of layoffs.

Employers have cut more than 1.1 million jobs through November, the most since 2020, when companies laid off 2.2 million workers as the pandemic was slamming the U.S. economy, according to a new report from outplacement firm Challenger, Gray & Christmas.  The layoffs represent a 54% increase from the same period a year earlier, when … Read more

Personal finance advice doesn’t work for most Americans, economists say

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Personal finance advice doesn’t work for most Americans, economists say

Americans typically score poorly in financial literacy tests. Yet they’re on their own when it comes to making major financial decisions, from funding their retirement to buying a home, two economists argue in a new book that critiques the personal finance system. Take the U.S. retirement system, which has shifted away from corporate-based pensions that … Read more

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