How come consumer spending is so strong while consumer anxiety is so high? Plus, loan debt burdens small-business owners as interest rates stay high.
Second quarter gross domestic product growth was 2.8%. That’s double the GDP growth in the first quarter of the year.
Small operations have endured pandemic rules, lockdowns and rising costs. Refinancing their loans could be as painful, or worse.
But how much will really change on August 17?
American workers now expect to retire at a younger age than they did before the pandemic. But what kind of retirement will it be?
Lisa Peña, owner of Urban Hikes Kansas City, talks about combating the heat and her plans to attract more tourists.
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