by Mariam Kiparoidze | Apr 28, 2023 | Economy, Personal Income
Photo by Alexander Grey on Unsplash After beginning this year hot, the economy began to slow in February, with U.S. consumers spending less and inflation easing. On Friday, The Bureau of Economic Analysis will release its Personal Income and Outlays report, showing if...
by Mariam Kiparoidze | Apr 1, 2023 | Economy, Inflation, Personal Income
Photo by Nathan Dumlao on Unsplash U.S. consumers are spending less compared to the beginning of the year, while inflation eases, a sign of relief for the monetary policymakers trying to cool off the economy that started the year strong. Consumer spending increased by...
by Mariam Kiparoidze | Mar 22, 2023 | Economy, Featured, Millennials, Newest, Personal Income
Image via Pixabay Money was never discussed in Fernando’s family, when he was growing up and as an adult he never had to think about finances. So it was a surprise to find himself unable to pay his credit card debt at 26, when he had just quit his $45,000 job and...
by Mariam Kiparoidze | Mar 1, 2023 | Economy, Personal Income
Photo by Allef Vinicius via Unsplash. Prices are rising and Americans are spending more again, suggesting that the economy is still strong and the Fed might have to raise borrowing costs more to halt the inflation spike. Friday’s report from the Commerce...
by Angela Palumbo | Apr 12, 2021 | Economy, Featured, Jobs, Personal Income
Angela Greene worked with a mobile cleaning crew at a sheltered workshop in South Carolina for 21 years. She worked Monday to Friday every week and made no more than $3.00 an hour. Her hard work never earned her the full federal minimum wage, all because she has an...
by Angela Palumbo | Mar 29, 2021 | Economy, Featured, Jobs, Personal Income
Personal income went back down in February, due to a decrease in government aid. Consumer spending also went down for the same reasons, as well as extreme weather conditions in Texas. Personal income fell 7.1 percent in February and consumer spending fell 1.0 percent,...
