Tag: Economy

Americans are already paying more for gas, groceries, and everyday services. Now, a new analysis from Bank of America suggests the next inflation problem may be building before it fully reaches consumers. The concern is not just that prices are already high. It is that business costs are rising …

When was the last time you talked to your banker face-to-face? Or even the last time you walked into a branch? For some Americans, it’s becoming less and less. A report from banking research firm Rival found that 52% of consumers have visited a branch between one and four times in the last year…

Brazil central bank cuts rates at third straight meeting

G7 leaders pledge to enhance efforts to address global debt vulnerabilities

World Bank readies $2 billion loan for Argentina, Ambito reports

Medicare is not facing an immediate crisis, but the program’s costs continue to rise faster than the economy. According to the latest Medicare Trustees Report, the Medicare Part A Hospital Insurance trust fund is projected to be depleted in 2033. If Congress takes no action, incoming revenue would …

The overall U.S. bed and mattress sector may have performed well in 2025, with revenue rising by 1.3% to $28.4 billion year over year, according to IbisWorld analysis, but some major mattress retailers say they are experiencing a historic industry recession. Among the struggling mattress …

Australia’s central bank to pause on June 16; a minority still see Q3 rate hike: Reuters poll

Trump picks Capital One’s Brian Johnson to head US consumer finance watchdog

The stock market has been on a tremendous run, one that may simply be too good to last.  Bank of America analysts agree, with Wall Street still heavily reliant on the turbulent AI trade. BofA isn’t calling for anything dramatic, but clearly, the easy part of the rally is over…