Economy
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Lower-priced new cars are gaining popularity, and not just for cash-poor buyers
Oct 22, 2024 7:41 am - Across the industry, auto analysts say, an “affordability shift” is taking root. The trend is being led by people who feel they can no longer afford a new vehicle that would cost them roughly today’s average selling price of more than $47,000 — a jump of more than 20% from the pre-pandemic average.
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How ‘millionaire’s tax’ ballot question hides a business tax hikeOct 20, 2024 6:02 am - The proposed tax promises property tax relief by hitting millionaires. But “millionaires” in Illinois more often than not are entrepreneurs, S-corps, partnerships, LLCs, farmers and sole proprietors.
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Wealthier Americans are driving retail spending and powering US economy
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Chocolate is on its way out. Why Halloween is about gummy candy now.
Oct 17, 2024 12:00 pm - High cocoa prices, combined with a growing preference among Millennial and Gen Z consumers for chewy and sour treats, have prompted many confectionery giants to shift strategy this spooky season.
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Swing-state consumers hurt more than most in credit card squeeze
Oct 13, 2024 6:00 am - Household finances all over the U.S. are feeling the pressure of high borrowing costs, and swing-state voters rank among the harder hit. Credit card delinquencies are run...
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U.S. consumer sentiment slips in October on frustration over high prices
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Wholesale inflation remained cool last month in latest sign that price pressures are slowing
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Bacon hogs the spotlight in election debates, but reasons for its sizzling inflation are complex
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US inflation reaches lowest point since February 2021, though some price pressures remain
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Social Security’s scheduled cost of living increase ‘won’t make a dent’ for some retirees