Author: Felix Richter

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Recession or Growth: How Exactly Is The US Economy Doing?

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The U.S. economy grew faster than previously reported in Q2 2024 as consumers spent more than expected on goods and services in the three months ended …

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Is Christmas going to be less jolly for Americans because of inflation?

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  With everything that’s going on in the world, be it the war in Ukraine, the violent response to Iran’s protest movement, or, more domestically, the …

FeaturedFood & DrinkMoney

Despite inflation, Americans still shelling out for this fancy Starbucks drink

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  In another sign that consumers keep spending money, undeterred by inflation, Starbucks reported record sales for its fourth fiscal quarter that ended October 2. The world’s largest …

FeaturedLifestyleNews

The shocking number of Americans who get their news from social media

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  Despite several studies finding that social media is rife with misinformation and widespread consensus that foreign actors tried to use social media to influence the past two …

FeaturedLifestyleNews

Adidas has 99 problems & Kanye is one

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  Ending a successful partnership dating back all the way to 2013, Adidas announced today that it’s cutting all ties with Kanye West, effective immediately. The …

FeaturedMoneyMortgages

Refinance boom dies down as mortgage rates soar

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  For large parts of the past two years, mortgage refinancing has been booming, as historically low mortgage rates and surging home prices created an opportunity …

FeaturedSports

Is America falling out of love with the NFL?

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  While baseball is often referred to as “America’s favorite pastime,” the NFL has long surpassed the MLB as the nation’s favorite professional sports league. For …

FeaturedMoney

Americans plan on spending less on these things because of inflation

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While Wall Street celebrated the slight cooling of inflation in July, the latest reading won’t be enough to ease the financial pressure on millions of households …

FeaturedFood & DrinkHealth & FitnessLifestyleMoney

9 things Americans say they can’t afford because of inflation

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With inflation at the highest level since 1981 and wages not keeping pace, many Americans are struggling to make ends meet. And while a fresh poll from Morning Consult and …

FeaturedMoneyTravel

Here’s where people are spending the most on summer vacations

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  As summer solstice marks the official beginning of summer in the Northern hemisphere, holiday season is quickly approaching. After two summers with subdued travel due …

FeaturedFood & Drink

This region of the world apparently doesn’t like chocolate

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  Everybody loves chocolate, right? Well, not everybody, at least not to the same degree. According to data from Statista’s Global Consumer Outlook, there’s a huge gulf …

FeaturedNews

Record number of guns seized at US airports last year

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  TSA agents at U.S. airports make unusual finds every day but some truly stand out. The Transport Security Administration published its list of the most unusual items …

FeaturedMoneySmall Business

Most Americans are (begrudgingly) back in the office

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  As society is gradually moving away from pandemic restrictions and protective measures, companies in the United States and internationally are, some more gently than others, …

FeaturedMoneyNews

These Americans are suffering paycuts as inflation soars

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  Despite the Fed’s most aggressive interest rate hike since 2000, consumer prices continued to surge in May, adding to fears that inflation may be out …

FeaturedMoney

How big a bite is inflation really taking out of American savings?

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  As prices for everyday purchases continue to surge in the United States, many families struggle to make ends meet. And even among those who manage …

FeaturedMoneyNews

The No. 1 issue Americans are worried about right now

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  As inflation creeped up to the highest level in more than 40 years in recent months, the issue of rising costs of living has also …

FeaturedMoneyNews

Bear market: How deep is your financial loss?

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  In response to June 10’s worse-than-expected inflation reading, which makes another drastic rate hike a foregone conclusion ahead of this week’s Fed meeting, stocks were …

AutosFeaturedLifestyle

Gas prices soar to a new high in the US … again

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  Americans are plagued by inflation in many different way, but gas prices must be one of the worst headaches. The price of one gallon of …

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The No. 1 thing making Americans feel safe traveling during Covid

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When a federal court struck down the mask mandate in public transportation settings last month, the initial reaction was split.  While many applauded the decision, happy …

FeaturedHome BuyingMoney

Here’s why new home sales are plunging across the US

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  Sales of new single-family houses dropped for the fourth consecutive month in the United States, as potential home buyers face a perfect storm of unfavorable conditions. …

FeaturedMoney

Don’t plan on inflation cooling down any time soon. Here’s why

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  In face of the highest inflation in 40 years, the Federal Reserve announced another widely expected rate hike last Wednesday.   The Federal Open Market Committee (FOMC) …

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Looking to buy a home? Not so fast

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Americans looking to buy a house are currently facing an almost perfect storm of unfavorable conditions. Not only is it hard to find a home, but it …

EntertainmentFeatured

Do Americans really share their Netflix passwords?

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  One of the factors identified by Netflix as a driver of its latest subscriber slowdown is the widespread practice of account sharing. In addition to …

FeaturedHealth & FitnessLifestyle

Mask mandates led to rise in ‘unruly’ passengers

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  The Transport Security Administration stopped enforcing the Biden administration’s mask mandate on planes, trains and other forms of public transportation after a federal judge struck it down. In …

FeaturedTravel

Has global air travel bounced back since the pandemic began?

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  While few industries have been spared by the impact of the COVID-19 pandemic, even fewer have been hit as hard as the tourism sector. As 2021 …

FeaturedMoneyMortgages

Mortgage rates are at a 13-year high. Here’s why

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  Mortgage rates in the United States continued their steep climb last week, adding to the woes of would-be home buyers that are already facing historically high …

FeaturedTravel

Here’s just how low airline travel was peak COVID

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  After a federal court struck down the nationwide mask mandate on airports, planes and other forms of public transportation, it remains unclear how the decision …

FeaturedNews

Musk’s Twitter offer is one of the largest in history. Here are the others

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While Elon Musk’s public musings to take Tesla private in 2018 resulted in nothing more than a slap on the wrist courtesy of the SEC, his dogged …

FeaturedLifestyle

The top reasons Americans hate Twitter

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Despite being one of the most prominent users of the platform himself, Elon Musk has repeatedly voiced his discontent with Twitter’s handling of controversial posts, its …