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inflation

83% of U.S. Consumers Plan Spending Cuts Amid Inflation, Tariffs

With inflation rising rapidly and the Trump administration’s high tariffs now taking effect, U.S. consumers are actively cutting back on spending to maintain their...

Trump Inflation and Recession Response: Denies Powell Firing, Predicts Strong Economy

President Donald Trump on May 4 denied plans to fire Federal Reserve Chair Jerome Powell before his term ends and dismissed fears of a...

U.S. Housing Market Crash Fears Surge as 70% Expect Collapse

Concerns over a potential U.S. housing market crash are rising, with 70% of consumers now expecting a collapse, according to a new survey by...

$100K Income Fails to Cover Living Costs in LA, San Francisco

A new analysis reveals that earning $100,000 a year is no longer enough to cover basic living expenses in many major U.S. cities, including...

Retirement Savings Target Drops to $1.26M, But Most Americans Still Far Behind

The ideal retirement savings target for a comfortable post-work life has dropped to $1.26 million, according to a new survey by Northwestern Mutual released...

A Quick Look at the Economic Implications of Today’s Reciprocal Tariff Announcement

The newly announced reciprocal tariffs are expected to slightly reduce GDP and raise inflation by 0.2 percentage points over the next year, without signaling a recession or stagflation.

North Korean market prices double in a year amid rising exchange rates

As of early January, most commodity prices in North Korean markets have roughly doubled compared to the same period last year, while the North...

Low and high income polarization worsened after pandemic and generation shift, survey shows

Changes in the economic structure are showing an accelerated generational shift in the Korean-American community. According to an analysis of the "National Korean American Economic...

Rising food prices force 1 in 4 adult consumers to skip meals

Post-pandemic inflation has caused grocery prices to skyrocket by 25%, with more than one in four people skipping meals. A survey conducted by Qualtrics in...

Consumers are discerning signs of inflation soaring again especially in food prices

Inflation is once again showing signs of acceleration after a slowdown. Although inflation in the consumer price index has slowed down, food, restaurant, and gas...

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