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Fight over Trump's spending powers boosts shutdown odds

Congressional negotiators who will compete to avoid government shutdowns next month appear to have hit a wall over the question of whether to limit Trump's powers and limit money spending. On one side of that disparity is a democratic old-time customer who has already hammered the White House for refusing to support a program previously […]

The looming spending fight nobody is talking about

The settlement has dominated recent conversations at Capitol Hill, but Republican lawmakers have yet to tackle the quick fundraising deadline. The Senate and House Republicans have been dedicated to passing blueprints for their respective budgets over the past few weeks. But they are also facing looming government closures as lawmakers laid out long proposals to […]

Americans slashed spending on major life plans under Biden: survey

More than half of Americans have delayed major living plans due to uncertainty about the economy, according to a new survey released Tuesday. Wells Fargo “Money Study” – In the last few weeks of the Biden administration – 6 delay plans to go to university, 8 people, among those planning to postpone 33% of them […]

America’s wealthiest households driving nearly half of consumer spending

Macrovisor co-founder Ayesha Tariq analyzes the state of liquidity in US households by making money. America's wealthiest households account for an increase in consumer spending as a market-driven profit for net worth fuel. A report written by Moody Chief Economist Mark Zandy found that the top 10% of US households account for 49.7% of consumer […]