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Why is the economy so strong? New hires are spending more and upgrading their lifestyles

Americans who get new jobs spend more and step up their lifestyles. That's propping up the economy even as COVID savings run dry and debt rises. ....

United States , Liv Wang , Julia Pollak , Research Institute , Federal Reserve , Great Resignation , Oxford Economics ,

Despite wage gains, February's 3.2% annual inflation hits hard

Even though wages have been outpacing inflation, it's been harder for lower-income households to pay for basics without getting into debt. ....

United States , Liv Wang , John Leer ,