The biggest purchase in life now seems unaffordable — and that’s putting consumers in a sour mood


Americans are gloomy about spending despite encouraging inflation and unemployment trends.

You May Also Like

This week’s October inflation data looms large on Washington’s economic radar

Inflation data, a Fed speech and a government-shutdown deadline are on the…

Disney makes a ‘dramatic shift’ on AI content with $1 billion OpenAI investment

Disney’s deal with OpenAI will allow fans to make short-form clips using…

Stampede into money market funds sparks fee bonanza for asset managers

Record inflows into US money market funds in 2023 have triggered a…

Larry Summers warns Trump will start an ‘uncontrolled’ cold war with China

The economist and former Treasury secretary says inflation will be a bigger…