Baby boomers are the wealthiest generation. Their habits may be propping up younger generations with their spending and their ...

When financial pressure builds, consumers tend to ditch high-end purchases and turn toward bargain retailers ...

Aimee Picchi is the associate managing editor for CBS MoneyWatch, where she covers business and personal finance. She previously worked at Bloomberg News and has written for national news outlets ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. David Deal's 2026 outlook is what he describes as a "whack-a-mole of worry." While he's 62 and ...

An initial reading of third-quarter gross domestic product showed the US economy expanded at an inflation-adjusted annualized rate of 4.3%, a far faster pace than the 3.8% recorded in the second ...

The American economy at the end of 2025 looks very different from a year ago. Tariffs are higher, AI occupies a greater share of overall spending, and the federal government under President Donald ...

Professor Jiang Xueqin’s viral Piers Morgan interview sparks debate after calling the US economy a “Ponzi scheme” amid escalating Iran-Israel tensions and oil fears.

From war-driven inflation to rising debt and market risks, JPMorgan’s CEO outlines what could shake the economy, and what it ...