Americans
Car shoppers are more price-conscious, benefiting sedans like the Honda Civic.Shoppers entering the car market this year are likely to experience sticker shock.The big, expensive SUVs that pad automakers’ bottom lines may be in trouble.The sedan isn’t dead yet.Small, affordable cars — like the sedans that were all but abandoned…
America’s credit card debt has surged, and distress could peak this year.Banks could write off the largest share of credit card loans since 2011, finance experts predict.Debt distress will be driven by weaker consumer finances, thanks to elevated inflation and interest rates.Benton McClintock, 27, had been running away from his…
This year, Dry January coincided with the US Surgeon General’s call for cancer warnings on alcohol.The CEOs of Heineken USA and Athletic Brewing told BI that drinking trends are moving toward moderation.While the space is becoming more popular, widespread availability can pose friction in adoption.Dry January participants were given extra…
It’s generally a rare thing for the person you’re interviewing to burst out laughing. But that’s what happened to me, recently, on a call with Ernie Tedeschi, the director of economics at the Yale Budget Lab who in March wrapped up a three-year stint on the White House Council of…
Most Americans see economic difficulty as the reality for 2025, according to a new Gallup poll.Republicans have a much rosier view of the US economy headed into the new year.Nearly eight-in-ten Republicans (78%) believe 2025 will be a year of economic prosperity in the US.Most Americans are predicting economic difficulty…
Some Americans “oversave” for retirement and end up sacrificing during their working years.Financial planners advised balancing savings with enjoying life to avoid regrets in retirement.This is part of an ongoing series on older Americans’ regrets.Joshua Winston, 70, did a pretty good job preparing for retirement: He ran two successful veterinary…
Many older Americans regret some career choices that affected retirement plans and job prospects.Regrets include not prioritizing education, frequent job changes, and involvement in office drama.This is part of an ongoing series about older Americans’ regrets.For millions of Americans, retiring at 65 is just a dream.Since September, BI has heard…
By Deena Beasley (Reuters) -Powerful weight-loss drugs are expanding use of U.S. health care as patients starting prescriptions are diagnosed with obesity-related conditions or take the drugs to become eligible for other services, health records and discussions with doctors show. An exclusive analysis of hundreds of thousands of electronic patient…
There are some Christmas traditions in England that might confuse people from the US. Some folks in the UK celebrate Christmas with pantomime, a campy, family-friendly theater show. Christmas pudding, a popular holiday dessert in the UK, is probably unfamiliar to most Americans. The holiday season is a time for…
Trump has proposed 25% tariffs on imports from Canada, China, and Mexico.Trump said he doesn’t “believe” the tariffs would cause price increases at home.But, he told Kristen Welker on NBC’s “Meet the Press” on Sunday, “I can’t guarantee anything.”President-elect Donald Trump, in an NBC News interview that aired on Sunday,…
