Why are we so bummed about the economy?

Companies are getting billions of dollars back. How about us? It seems simple, right? We paid higher prices for imported goods because of tariffs. Then the tariffs were ruled illegal. Courts said the money paid to the U.S. government had to be refunded. Companies are getting that ...  Show more

Charles Ponzi was down on his luck. In 1919, the Italian immigrant had spent a decade and a half in the U.S. He was looking for a way to get rich and tried his hand at everything — including bookkeeping, sign painting, grocery clerk, dishwasher, and librarian.He caught a lucky br ...  Show more

The American economy, by many measures, is doing better than it has done in years. But for many Americans, that is not how it feels. Their feelings point to an enduring mystery: Why do Americans feel so bad when the economy is so good?

Jeanna Smialek, who covers the Fede ...

The illusion persists, despite all evidence. Americans are pessimistic about the economic future. They feel worse off than their parent’s generation. Poll after poll shows that at best, only twenty percent of Americans say the economy is doing better than it was a year ago. More ...  Show more

Despite blockbuster jobs numbers, robust consumer spending, and easing inflation, many Americans do not feel good about the US economy. The negative feelings are especially strong amongst young people struggling to pay their bills. Meanwhile, many are finding it hard – if not imp ...  Show more

The American economy appears to be making a miraculous recovery from inflation and the pandemic. So why the bad economic vibes? Consumer sentiment is low, and the Biden administration is struggling to gain credit for dodging recession. The lessons from that could soon be felt her ...  Show more