Consumer Cracks In the United States, the consumer is the economy. Consumer spending accounts for around two-thirds of U.S. GDP, so when spending falters, the economy is in a pinch. That is why economists have been worried about the state of people’s wallets in the face of the high inflation Americans have been enduring. Even…Read more
New Law First things first: Yes, you can still use TikTok. But its future is murky. Last week, we explained how House Republicans attached TikTok legislation to an aid package for Ukraine and Israel. That helped it move through the Senate. On Wednesday, it was signed into law by President Joe Biden. So, what happens…Read more
Millennial Money Millennials have faced their fair share of financial turmoil in their lifetimes. Even so, their wealth is growing at a historic pace. Millennials have weathered multiple market bubbles and recessions, and are presently faced with a housing and childcare affordability crisis, as well as the highest debt level of any age group in…Read more
