Economic events

The March jobs report will be released on Friday. Here’s what to expect

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Consumer confidence shows improvement; job opportunities and jobs fell

A “Help Wanted” sign hangs in the window of a restaurant in Medford, Massachusetts, US, January 25, 2023. Brian Snyder | Reuters Non-farm payrolls are expected to fall back – slightly – in March as consumers tune in for what is shaping up to be a healthy labor market. The US economy is estimated to … Read more

While low-income consumers struggle with rising gas prices, high-income earners panic when markets drop

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While low-income consumers struggle with rising gas prices, high-income earners panic when markets drop

High oil prices due to the US-Iran war are straining already strapped low-income consumers. But as rates fall, there is a sign that high earners are also starting to feel the heat. Internal data from Bank of America on credit and debit card usage revealed that from the start of the war through March 21, … Read more