Author: Felix Richter
Recession or Growth: How Exactly Is The US Economy Doing?
Written by: Felix Richter
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 …
Is Christmas going to be less jolly for Americans because of inflation?
Written by: Felix Richter
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 …
Despite inflation, Americans still shelling out for this fancy Starbucks drink
Written by: Felix Richter
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 …
The shocking number of Americans who get their news from social media
Written by: Felix Richter
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 …
Adidas has 99 problems & Kanye is one
Written by: Felix Richter
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 …
Refinance boom dies down as mortgage rates soar
Written by: Felix Richter
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 …
Is America falling out of love with the NFL?
Written by: Felix Richter
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 …
Americans plan on spending less on these things because of inflation
Written by: Felix Richter
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 …
9 things Americans say they can’t afford because of inflation
Written by: Felix Richter
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 …
Here’s where people are spending the most on summer vacations
Written by: Felix Richter
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 …
This region of the world apparently doesn’t like chocolate
Written by: Felix Richter
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 …
Record number of guns seized at US airports last year
Written by: Felix Richter
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 …
Most Americans are (begrudgingly) back in the office
Written by: Felix Richter
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, …
These Americans are suffering paycuts as inflation soars
Written by: Felix Richter
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 …
How big a bite is inflation really taking out of American savings?
Written by: Felix Richter
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 …
The No. 1 issue Americans are worried about right now
Written by: Felix Richter
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 …
Bear market: How deep is your financial loss?
Written by: Felix Richter
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 …
Gas prices soar to a new high in the US … again
Written by: Felix Richter
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 …
The No. 1 thing making Americans feel safe traveling during Covid
Written by: Felix Richter
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 …
Here’s why new home sales are plunging across the US
Written by: Felix Richter
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. …
Don’t plan on inflation cooling down any time soon. Here’s why
Written by: Felix Richter
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) …
Looking to buy a home? Not so fast
Written by: Felix Richter
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 …
Do Americans really share their Netflix passwords?
Written by: Felix Richter
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 …
Mask mandates led to rise in ‘unruly’ passengers
Written by: Felix Richter
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 …
Has global air travel bounced back since the pandemic began?
Written by: Felix Richter
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 …
Mortgage rates are at a 13-year high. Here’s why
Written by: Felix Richter
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 …
Here’s just how low airline travel was peak COVID
Written by: Felix Richter
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 …
Musk’s Twitter offer is one of the largest in history. Here are the others
Written by: Felix Richter
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 …
The top reasons Americans hate Twitter
Written by: Felix Richter
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 …
