The Fed is in a holding pattern, awaiting more data, with December showing strong consumption but moderate inflation, suggesting disinflationary trends. December's personal income grew 0.4% MoM, while ...

Do you live in a state that has a high sales tax? A state that imposes no sales tax at all? Consumption tax, the category that includes sales tax, is often a footnote at the end of a receipt, but it ...

WASHINGTON – Federal Reserve Chairman Alan Greenspan said yesterday that a new consumption tax – such as a national sales tax – could spark the economy as a partial replacement for income taxes. Mr.

Increasing income and wealth inequality has characterized the U.S. economy for several decades. While researchers differ on the extent of the increase and its causes, they no longer disagree on the ...

Are you lost in the retirement consumption puzzle? The narrative of a miserly, Scrooge-like figure hoarding his wealth for years instead of enjoying his retirement might seem unbelievable—but ...