Economy

The Great Wealth Transfer is underway, and Gen X and millennials are expected to inherit about $85 trillion by 2048, according to Cerulli Associates.

If the government shuts down days before Christmas, holiday travel could be hit but holiday shipping spared.

The debt ceiling, sometimes referred to as the debt limit, is the total amount of money that the United States government is authorized to borrow to meet its existing legal obligations.

What is the debt ceiling, also known as the debt limit, and how is it tied to government spending? And why would it be such a catastrophe for the U.S. to default on its debt? Here’s what to know.

The price of chocolate’s key ingredient has skyrocketed this year, prompting analysts to issue fresh warnings about extreme price volatility.

The price of eggs has risen nearly 38% from December of 2023 to December of 2024. Karma Dickerson reports for the NBC4 News at 4 p.m. on Monday Dec. 16, 2024.

Fifty-three percent of Gen X parents are concerned their kids won’t be fully financially independent into adulthood, U.S. Bank data reveals.

Egg prices are spiking again due to a bird flu outbreak and high consumer demand.

Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated.

Most retirees must begin required minimum distributions at age 73. Here’s what to know before making your first withdrawal.

Nonfarm payrolls were expected to increase 214,000 in November, according to the Dow Jones consensus forecast.

Traffic at the burrito eatery continues to be steady, according to an analyst report.

Steven Bartlett, a U.K. entrepreneur and podcaster, questioned whether the country had the risk appetite to capitalize on crypto’s “generational opportunity.”

Crypto legislation should make its way through Congress “fairly quickly” after Donald Trump’s election win, according to Coinbase’s chief policy officer.

Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has stalled.

A nationwide survey of grocery prices by the American Farm Bureau Federation showed that a Thanksgiving dinner this year is at its lowest level since 2021.

Donald Trump’s proposed tariffs will dent U.S. economic growth going into 2026, said Morgan Stanley’s chief global economist Seth Carpenter.

Senate Judiciary Committee members say the ‘duopoly’ has left retailers with no ability to negotiate high interchange fees.

Advance Auto Parts is closing more than 500 stores and shedding another 200 independent locations.

Consumers saw price relief at the gas pump and grocery store. But housing inflation and other categories, such as car insurance, are trouble spots.