Why Middle-Class Americans Say Life Is Unaffordable
Economists say that a typical middle-class family today is richer than one in the 1960s. Americans in their 20s and 30s don’t believe it.
Economists say that a typical middle-class family today is richer than one in the 1960s. Americans in their 20s and 30s don’t believe it.
Bence Bardóczy, Ettore Savoia, and Mateo Velásquez-GiraldoWe study the transmission and distributional effects of monetary policy in an environment where consumption-saving choices reflect both precautionary motives and life-cycle considerations.
’Tis the season ... for gift-buying stress. Photo by Ryan Miller/Invision/APAs a child, I loved being the center of attention. So it was a problem when my baby brother was born a day before my birthday. For years, I would beg my parents for a birthday gift “one day early.” My laid-back brother remembers thinking, “I don’t care about presents. Just give her mine!”
A reordering of the rules of trade, set on top of transformational change in technology, demographics and climate, is remaking jobs, politics and lives.
This Market Notice sets out the schedule for sales in Q1 2026 of gilts held in the Asset Purchase Facility (APF) for monetary policy purposes.
William Hartung and Ben Freeman, authors of Trillion Dollar War Machine, talk with INET’s Lynn Parramore about America’s runaway defense spending and its increasingly alarming human toll
Shoppers were able to browse Shein's range in person at its first bricks-and-mortar space in Paris. Antonin Albert/ShutterstockEvery December, many shoppers plan to buy fewer things and choose more sustainable options. Yet as the month goes on, spending rises and fast fashion becomes hard to resist. Christmas has become a moment when good intentions collide with discounts and the emotional pull of seasonal fashion.
Posters at Southwark station in London 'advertise' fossil fuels – an example of clear and meaningful messaging. Badvertising, CC BY-NC-NDSince November 2025, commuters at Southwark tube station in London have been passing walls lined with vintage-style posters parodying oil and gas advertising, instead of ads promoting flights or energy companies.
The Money Markets Committee is a forum for market participants and authorities to discuss the UK unsecured deposits and funding market and securities lending and repo markets.
Greece’s industrial turnover recorded a marginal rise of 0.3 percent year-on-year (YoY) in October, from a strong rebound of 13 percent drop in September, according to data released by the Hellenic Statistical Authority (ELSTAT) on Thursday.