
Executives at Walmart, the nationβs largest retailer, see some signs of stress among shoppers.

Executives at Walmart, the nationβs largest retailer, see some signs of stress among shoppers.

Jerome H. Powell, the Federal Reserve chair.

Kevin M. Warsh will be at a Senate hearing next week to consider him as the next chair of the Federal Reserve.

Shoppers at a mall in Miami Beach, Fla.

Consumers have been spending at a solid clip in recent months.


Lawson Millwood and Mackenzie Kiser, who managed to buy a house this year, worried that affordability would only worsen if they waited because of rising interest rates and prices.


New Yorkers at the lower end of the income spectrum have seen their wages stagnate, and some are working excessively to keep up. Khadijah Bethea was working up to 70 hours a week for catering companies.