America’s consumer economy is hostage to its top earners—and that could mean trouble down the road
America’s top earners—those making at least $250,000 per year—account for nearly 50% of all spending, according to a recent ...
Stock market today: Dow, S&P 500, Nasdaq diverge after Nvidia earnings, economic data
An upbeat tone is seeping into markets as investors dig into Nvidia's quarterly earnings beat, which signaled plenty of scope ...
U.S. economy expanded at 2.3% annual pace from October to December, unchanged from initial estimate
The American economy grew at a solid 2.3% annual rate the last three months of 2024, supported by year-end consumer spending.
NZ’s barriers to economic growth: short-term thinking, political concentration and policy flip-flops
Economic growth took centre stage during Prime Minister Christopher Luxon’s recent State of the Nation speech. Yet in amongst ...
Trump plans tariffs on Mexico and Canada for Tuesday, while doubling existing 10% tariffs on China
Consumers have expressed fears about inflation worsening and the auto sector possibly suffering if America’s two largest ...
Growth Is Not Looking Promising for WPP in 2025
WPP is one of the largest players in advertising, operating in more than 110 countries. We expect the firm to tread water for the time being as its growth trails leading peers. We look for WPP’s ...