Economy

“70% of Americans think a recession is coming: Here’s what they are doing to prepare”

“Most Americans — 70% — already believe an economic downturn is on its way, according to a new survey from MagnifyMoney. The online survey was conducted between June 10 and 14 and included 2,082 respondents. A recession is defined as a significant economic… Continue Reading…

Economy

“65% of Americans earning $100,000 or more are ‘very concerned’ about inflation, new CNBC poll finds”

“Inflation is a real worry for many Americans — even those who earn six figures — and it’s impacting decisions about how they spend their money. Fully 96% of those high earners are concerned about inflation and 65% are “very… Continue Reading…

Economy

“Number of Americans involuntarily working part-time falls by 707,000 to 3.6 million, lowest level in 21 years”

“The number of Americans who want to work full-time but are forced to work part-time jobs declined in June to its lowest in more than 20 years, according to federal data issued Friday, underscoring the strength of the labor market and… Continue Reading…

Economy, Real Estate

“Millions Of Americans Pushed Out of The Housing Market Thanks To Skyrocketing Prices”

“EDITOR’S NOTE: The prices of homes are beginning to decline as recent economic data shows that home sales are generally weakening across the country (despite a slight rise in today’s data, most likely due to a short-term relief in mortgage… Continue Reading…

Economy, Personal Finance

“For Americans behind on saving for retirement, a bad stock market can be a good time to invest more”

“Small business owners are among the Americans most likely to fall behind on saving for retirement. Investing back into a business is more often a priority for entrepreneurs with any excess cash than investing in a long-term tax-deferred retirement plan.… Continue Reading…

Economy, Personal Finance

“One-Third of Americans Making $250,000 Live Paycheck-to-Paycheck, Survey Finds”

“More than a third of Americans earning at least $250,000 annually say they are living paycheck to paycheck, underscoring how inflation is taking a bigger bite out of Americans’ budgets at all ends of the pay spectrum. Some 36% of… Continue Reading…

Economy, Personal Finance

“25% of Americans felt financially stressed all the time last year, CNBC + Acorns Invest in You survey found”

“…One-quarter of Americans said that they felt financially stressed all the time last year, according to a CNBC + Acorns Invest in You survey, conducted by Momentive. The online survey of nearly 4,000 adults was conducted March 23-24.   Another 41% said… Continue Reading…

Economy

“Higher-income Americans are getting nervous about the economy”

“Even though they’re still flush with cash from the booming market, wealthier people are increasingly worried about the economy, especially inflation. What’s happening: In March, consumer confidence dropped 7.2% for those earning more than $100,000 — a much larger dip than… Continue Reading…

Business, Economy

“Half of Americans quit their jobs last year to make a career change…”  

“…It turns out the “Great Resignation,” also known as the “Great Reshuffle,” has many Americans rethinking the type of work they are doing. Some 53% of employed U.S. adults who quit their job in 2021 changed their occupation or field… Continue Reading…

Economy, Energy

“…Americans are warned to budget for $5-A-GALLON gas as oil prices surge during Russian invasion of Ukraine and US national average rises to $3.61”

“Americans can expect to see gas prices to rise to $5 a gallon in the coming weeks, as the cost of oil continues to rise in the days following Russia’s invasion of Ukraine, experts say – and some parts of California… Continue Reading…