According to data from the Federal Reserve, the top 10% of Americans by wealth own a record high 89% of all U.S. stocks held ...

NEW YORK - NOVEMBER 22: The Thanksgiving Turkey makes its way during the 81st annual Macy's Thanksgiving Day Parade on ...

A Vanguard study found that, on average, a hypothetical $500,000 investment over 25 years would grow to $1.7 million if you ...

On the right side, you can see the upper diagonal heading up, while the one on the bottom falls to the ground. Now substitute upper-income Americans for the topmost diagonal, heading up and away, and ...

NORFOLK, Va. — Federal workers in Hampton Roads continue to tighten their budgets amid the ongoing government shutdown. Experts estimate the economy is slowing, as roughly $4 in $10 of economic ...

With the federal government on the verge of reopening, the economic data drought caused by the shutdown may also soon come to an end. As the Bureau of Labor Statistics prepares to release weeks of ...

The velocity of money measures how quickly money circulates in an economy. Calculated as GDP divided by money supply, it ...

Modern economists attempt to define money by correlating it with economic activity. As Austrian economists know, money is ...

It is an article of faith in mainstream economics that an economy cannot grow without a growing money supply. Yet, that is a ...

This is a developing story and may be updated. Like putting on an old winter coat and pulling an unexpected $20 bill from the pocket, or getting a birthday check that covers a surprise bill, the $373 ...

If America’s economy has a prosperous holiday season, the data suggests, we’ll have rich folks to thank. The top 10% of earners now account for roughly half of all consumer spending, according to a ...