U.S. economy

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‘That’s not a Black Friday deal’: Pinched shoppers hold out for deeper discounts—boding ill for earnings
Retail

‘That’s not a Black Friday deal’: Pinched shoppers hold out for deeper discounts—boding ill for earnings

By Jeannette Neumann, Olivia Rockeman and Bloomberg
November 25, 2023
Jan Hatzius, chief economist at Goldman Sachs

Goldman Sachs dismisses Deutsche Bank and UBS comparisons of the 2020s to other eras: The tactic is ‘too simple’ and likely to be wrong

By
November 17, 2023
A Target employee stocking shelves
Retail

Target gains $9 billion in market cap despite falling sales last quarter, as Wall Street gets an up-close look at the health of the American consumer

By
November 16, 2023
US President Bill Clinton speaks during a press conference in 1994.
Finance

Forget the gloom of the 1970s—UBS thinks the U.S. economy is headed back to a Clinton-like era of the bustling 1990s

By
November 14, 2023
Young woman using credit card reader at coffee shop counter
Personal Finance

Consumers have been propping up the U.S. economy when no one else could—now the debts are being called and they can’t pay their bills

By
November 8, 2023
Stanley Druckenmiller pictured in conversation at the 2023 Bloomberg Invest event.
Finance

Billionaire investor Stanley Druckenmiller accuses Janet Yellen of making the ‘biggest blunder in Treasury history’

By
October 31, 2023
a female customer sorts through racks of clothing in a store
Newsletters

Some analysts view the strong 3rd quarter GDP results as a ‘last gasp’ from consumers

By Will Daniel and Sheryl Estrada
October 31, 2023
Americans are sinking in debt as household expenses grow faster than income, new poll says. ‘The economy is good on paper, but I’m not doing great’
Personal Finance

Americans are sinking in debt as household expenses grow faster than income, new poll says. ‘The economy is good on paper, but I’m not doing great’

By Cora Lewis and The Associated Press
October 27, 2023
Rising education and income could soon make Latinos a major economic force. But barriers still exist
Newsletters

Rising education and income could soon make Latinos a major economic force. But barriers still exist

By
October 25, 2023
Jamie Dimon, chief executive officer of JPMorgan Chase, during a Bloomberg Television interview.
Finance

JPMorgan CEO Jamie Dimon slams central banks for their ‘100% dead wrong’ forecasts and ‘omnipotent feeling’

By
October 24, 2023
Traders work on the floor of the New York Stock Exchange on June 14, 2023 in New York City. One of them looks stressed.
Finance

JPMorgan’s top strategist warns stocks could be about to plummet 20%: ‘I’m not sure how we’re going to avoid’ a recession

By
October 6, 2023
Jamie Dimon, CEO of JPMorgan Chase, during a Bloomberg Television interview.
Finance

Jamie Dimon says Americans are on an economic ‘sugar high’—and he’s urging clients to batten down the hatches and prepare for rates to hit 7%

By
September 26, 2023
Larry Summers says the Fed is ‘considerably too optimistic’ and risks surprises from fast inflation, weak growth—or both
Finance

Larry Summers says the Fed is ‘considerably too optimistic’ and risks surprises from fast inflation, weak growth—or both

By Christopher Anstey and Bloomberg
September 21, 2023
Recession is likely in 2024 because companies face a ‘huge shock’ of having to refinance debt at higher interest rates, top strategist warns
Finance

Recession is likely in 2024 because companies face a ‘huge shock’ of having to refinance debt at higher interest rates, top strategist warns

By Emily Graffeo, Anya Andrianova and Bloomberg
September 1, 2023
Inflation? Uncertain economy? No problem. Americans are vacationing overseas like never before
Lifestyle

Inflation? Uncertain economy? No problem. Americans are vacationing overseas like never before

By Augusta Saraiva and Bloomberg
August 29, 2023

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