Trump, rebate and tariffs
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If you’ve been waiting and hoping for another stimulus check since receiving your last COVID relief payment in 2021, you may be in luck. Sen. Josh Hawley (R-Mo.) has introduced legislation
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AlterNet on MSN'I thought consumers weren't paying?' MAGA rips Josh Hawley over 'out of touch' proposalCritics on X swatted Sen. Josh Hawley (R-Mo.) for introducing legislation to provide $600 tariff rebates to almost all Americans and their dependent children. “Americans deserve a tax rebate after four years of Biden policies that have devastated families’ savings and livelihoods,
As grocery prices continue to rise, consumers are finding it increasingly difficult to determine whether it's cheaper to eat at home or dine out.Michael Pakko,
Parents cited inflation and concerns over new tariffs as major sources of financial strain ahead of the new academic year.
Surging delinquencies on such consumer debt, as well as problems in the housing market, raise the stakes for the Fed's next move on interest rates.
But, for now at least, a steady if unspectacular job market and a stock market hitting new highs appears to be enough to keep consumers spending. Given that consumer spending accounts for more than two-thirds of the economy’s overall output, that is a good omen.
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