"It's actually ... not so hard to change people's confidence so long as they are out and able to evidence other people doing the kinds of things that maybe people were doing before the pandemic."
Everyone over 16 in the U.S. is now eligible to be vaccinated against Covid-19—and this good news parallels consumers’ growing optimism about their financial outlook. Overall consumer confidence reached 60.7 (out of 100) this week, according to the Forbes Advisor-Ipsos Consumer Confidence Weekly Tracker. That’s an increase of 1.2 points from last week and 10 […]
In the past week, good news about the economy has abounded: Unemployment is down and retail sales are up. But Americans’ optimism about the economy and their purchasing power depends in large part on their income—and decreases the lower that income is. This week, as third stimulus payments continue to be delivered, 52% of Americans […]
President Joe Biden’s massive $1.9 trillion stimulus package has just been signed into law, providing much-needed financial relief for many Americans. Two of the most notable provisions include extending unemployment benefits and disbursing a third round of direct payments (also known as stimulus checks). For many, these stimulus payments are more of a lifeline than […]
WASHINGTON — Ebullient U.S. consumers shopped at the healthiest pace in more than a decade during the holiday season, a sign of burgeoning eco…
Some of the top business stories from the past week include: