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U.S. New Car Sales Plummet as Affordability Crisis Pushes Ownership Out of Reach for Average Americans

The article reports that new car sales in the U.S. have dropped significantly from 17 million annually before the pandemic to much lower levels projected for this year. Major automakers like Ford, GM, and Toyota agree that Americans are not expected to increase new car purchases

Newsfinancebusinesseconomy

Investor-Owned Utilities Made $244 Billion in Excessive Profits Amid U.S. Energy Affordability Crisis

Newsfinancebusinesseconomy

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forbes.com9h ago

Key inflation gauge hits three-year high as US consumer confidence slips

Newsfinancebusinesseconomy

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bit.ly1d ago

Exxon Warns Record Low Oil Inventories Will Spike Prices

Newsfinancebusinesseconomy

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buff.ly1d ago

Canada enters technical recession amid scrutiny of $200,000 government spending on luxury in-flight meals

Newspoliticsbusinesseconomy

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financialpost.com1d ago

The G-Shaped Economy: Why consumer sentiment is at a record low but spending keeps rising

Insightfinancebusinesseconomy

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bit.ly1d ago

U.S. personal savings rate drops to 2.6% as inflation outpaces wage growth

Newsfinancepersonal financebusiness

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cnbc.com2d ago

Tomato prices surge as symbol of America's rising food costs and affordability crisis

Tomato prices have surged more than any other food product over the past year, making them a symbol of rising costs and the broader affordability squeeze affecting American consumers. The article explores how even basic grocery items like fresh vegetables are becoming serious fin

Newsfoodbusinesseconomy

chicagotribune.com·📰 News·2d ago·4 min read

Average 401(k) balances drop 4% as more workers tap retirement savings amid Iran war market volatility

Fidelity's first-quarter 2026 data shows average 401(k) balances fell 4% to $141,000 and IRA balances dropped 4% to $131,380 amid market volatility triggered by the Iran war. More workers are tapping their retirement accounts early for cash, potentially locking in losses during t

Newsfinancebusinesseconomy

cnbc.com·Business by Flipboard·2d ago·3 min read

Inflation Accelerates to 3.8% as High Gas Prices Spread Through U.S. Economy

The article reports on rising inflation in the U.S. economy, driven by high gas prices above $4 per gallon amid Middle East conflict and the closure of the Strait of Hormuz. Key price data released on May 28, 2026 shows a 3.8% year-over-year increase, the fastest since 2021, indi

Newsfinanceeconomynews

katiecouric.com·Business by Flipboard·2d ago·8 min read

Inflation and rising costs push even six-figure earners to financial breaking point

Newsfinancebusinesseconomy

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share.google2d ago

Inflation rises to 3.8% as high gas prices drive down household savings to four-year low

Newsfinancebusinesseconomy

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cnn.com2d ago

Nearly half of US renter households are cost-burdened as rents rise 36% since pandemic

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popular.info3d ago

US 30-year mortgage rate rises to 6.53%, highest in nine months

Newsfinancereal estateeconomy

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bit.ly3d ago

Average 401(k) balances drop 4% as more workers tap retirement savings amid Iran war market volatility, Fidelity reports

Newsfinancebusinesseconomy

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cnb.cx3d ago

S&P 500 hits record highs amid inflation and low consumer confidence — Wall Street sees more gains ahead

Newsfinancebusinesseconomy

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cbsnews.com4d ago

BLK Dating App Offers Free Gas Gift Cards to Address Economic Barriers to Dating

BLK, a dating app for Black singles, is offering $500 gas gift cards to 10 people as a promotion to incentivize in-person dating amid an affordability crisis. The article highlights how economic pressures, particularly lack of disposable income, are keeping young people from goin

Newstechnologybusinesseconomy

Culture Latest·4d ago·4 min read

U.S. consumer confidence dips in May as high gas prices and inflation persist

Newsfinancebusinesseconomy

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wkyt.com4d ago

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U.S. New Car Sales Plummet as Affordability Crisis Pushes Ownership Out of Reach for Average Americans

Investor-Owned Utilities Made $244 Billion in Excessive Profits Amid U.S. Energy Affordability Crisis

Key inflation gauge hits three-year high as US consumer confidence slips

Exxon Warns Record Low Oil Inventories Will Spike Prices

Canada enters technical recession amid scrutiny of $200,000 government spending on luxury in-flight meals

The G-Shaped Economy: Why consumer sentiment is at a record low but spending keeps rising

U.S. personal savings rate drops to 2.6% as inflation outpaces wage growth

Tomato prices surge as symbol of America's rising food costs and affordability crisis

Average 401(k) balances drop 4% as more workers tap retirement savings amid Iran war market volatility

Inflation Accelerates to 3.8% as High Gas Prices Spread Through U.S. Economy

Inflation and rising costs push even six-figure earners to financial breaking point

Inflation rises to 3.8% as high gas prices drive down household savings to four-year low

Nearly half of US renter households are cost-burdened as rents rise 36% since pandemic

US 30-year mortgage rate rises to 6.53%, highest in nine months

Average 401(k) balances drop 4% as more workers tap retirement savings amid Iran war market volatility, Fidelity reports

S&P 500 hits record highs amid inflation and low consumer confidence — Wall Street sees more gains ahead

BLK Dating App Offers Free Gas Gift Cards to Address Economic Barriers to Dating

U.S. consumer confidence dips in May as high gas prices and inflation persist