Browsing: US economy

Las Vegas shows strong consumer spending in entertainment amid rising rates, signaling confidence in the economy. This supports the Federal Reserve’s “soft landing” narrative, suggesting inflation can be tamed without a recession.

Despite low unemployment in the US, many workers face financial strain from stagnant wages and rising inflation. Experts warn that job availability alone cannot mask the growing cost-of-living challenges.

Moody’s has downgraded the U.S. government’s credit rating, removing its top-tier status. The move highlights growing concerns over fiscal policy and debt management, signaling increased borrowing costs ahead.