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Economy

Stay updated on trends in the global economy

July 4th Spending Statistics You Should Know

Ever wondered how much we spend on food, booze, and fireworks for the Fourth of July? Last year, Americans spent billions celebrating. Dive into the numbers and see our spending trends.

May 2024 JOLTS Report: Calm Before the Storm?

I got a jolt reading our newest jobs report. May job openings hit 8.1 million, hinting at short-term stability but long-term uncertainty. I'll break down what this means and how you should react.

May's Inflation Hits Target: Will the Fed Cut Rates?

Well, if anyone was hoping for an inflation miracle in May, keep dreaming. The Fed’s favorite inflation gauge hit 2.6% in May, right on target. It’s a step down from April’s 2.8%, hinting at possible rate cuts sooner, but let’s not get too excited just yet.

Consumer Sentiment Dips in June, Why Does it Matter?

You ever had that one friend that thinks the world is gonna end? That’s what consumer sentiment is like right now— it’s a snapshot of how optimistic or pessimistic we all feel about the economy. Let me break down what’s going on and why it matters to you

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