Alex Tanzi
In hot U.S. jobs market, half of college grads are missing...
WASHINGTON – Millions of Americans are seeing little return from their expensive college degrees - even in today’s hot jobs market.
For the first time...
U.S. household debt exceeds $14 trillion for the first time
WASHINGTON – Americans increased their borrowing for the 22nd straight quarter as more households took out loans to buy homes or refinance existing mortgages,...
U.S. household debt rises for 21st quarter, lifted by mortgages
WASHINGTON – Americans increased their borrowing for the 21st straight quarter as more households took out loans to buy homes or refinance existing mortgages,...
U.S. factory index falls to fresh nine-year low
WASHINGTON – A gauge of United States factories fell in June to the lowest since late 2009 and hovered just above the threshold between...
Retirement? Four in 10 Americans don’t see it ever happening
NEW YORK – Almost 40% of Americans lack confidence they will ever save enough money to retire. That number climbs even higher among older...
U.S. consumer debt rose in Jan. on credit-card borrowing
NEW YORK - United States consumer debt picked up in January as Americans tapped credit cards after the holidays, suggesting support for spending at...
U.S. credit card debt closed 2018 at a record $870B
NEW YORK -United States credit card debt hit $870 billion - the largest amount ever - as of December 2018, according to the data...
Student loans prevent nearly 20% of millennials from home buying
NEW YORK - About one in five millennials say that student loan debt is holding them back from homeownership, according to a survey commissioned...
Most economists see U.S. recession by 2021, NABE survey shows
NEW YORK - More than three-quarters of business economists expect the United States to enter a recession by the end of 2021, though a...
U.S. Northeast wages diverge between New England v. Mid Atlantic
NEW YORK - The Yankees and the Red Sox aren’t the only Northeast-vs-Middle Atlantic duels going on.
The two regions are increasingly taking divergent wage...