Moody's Analytics Chief Economist Mark Zandi talked about how U.S. economic growth increasingly depends on spending by high-income earners.

A new analysis shows that the top 10% of earners are behind almost half of all consumer spending, which is almost 70% of GDP.

Current operating income was in line with the announced target of at least €180m, reaching €182 million at the end of December 2024, compared to €171 million in 2023. This improvement is due to ...

The top 10% of earners — households making $250,000 a year or more — are responsible for 49.7% of all consumer spending.

Rich people buy more stuff. That has always been the case. But something's changing: America's wealthy are not just ...

The US economy is more reliant on the richest Americans than ever before. The top 10 percent of earners - households making ...

The top 10% of American households in terms of income earned are driving nearly half of all U.S. consumer spending, according ...

South Korea's central bank on Tuesday slashed interest rates and its annual growth forecast as it looks to bolster the ...

Stacker compiled a ranking of the counties with the highest unemployment in New Mexico using data from the BLS.

Curb in infra spending due to elections dragged growth down to 5.4 per cent in July-September, well below the 8.2 per cent ...

It said that India’s GDP is expected to grow 6.4% both in the 2025 and 2026 fiscal years. Talking about China, it said that ...