Anthony Saccaro, President of Providence Financial and Insurance Services, joins Alicia Summers to discuss what’s driving consumer spending despite inflation, the Federal Reserve’s decision to keep interest rates steady, and what this means for the economy.
Read More U.S. Economy Grows 2.3% In Q4, Consumer Spending Increases Despite Inflation And High Interest Rates
Vice President JD Vance stated in a recent interview that gas and grocery store prices will begin to lower, though it could take “a little bit of time” before Americans notice much of a price drop.
Read More VP Vance: Gas And Grocery Store Prices Will ‘Take A Little Bit Of Time’ To Drop
President Donald Trump has stressed a “no tax on tips” policy during his Las Vegas visit.
Read More Trump Vows To Deliver ‘No Tax On Tips’ Campaign Promise
Consumer sentiment for January experienced a slight decline compared to December, marking the first drop in six months.
Read More Consumer Confidence Stumbles: Short Term Pain, Long Term Gain
In an effort to lower the price of oil, President Donald Trump removed the United States from the Paris Climate Accord and issued an order to maximize the production of natural resources in Alaska.
Read More Energy Expert: Trump’s Energy Plan Will Lower Prices Of Goods And Services
Single-family homebuilding increased to a 10-month high in December, indicating that construction activity regained some momentum at the end of the year.
Read More US single-family housing starts, permits rise to 10-month high