Household spending is increasingly divided between wealthy consumers who are helping to keep the economy humming and everyone ...

The national price tag for health care — that’s public and private spending — is only growing. New government estimates show it will reach more than 20% of GDP by 2033. That’s up from around 17% in ...

Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to ...

There's a puzzling split between how consumers overall feel about the economy and how they're acting, how much they are spending overall. Normally spending and feelings go together. Not right now.

A new report from federal actuaries estimates national health spending will increase by 7.1% in 2025, with spending growth set to outpace growth in the U.S. gross domestic product. The Centers for ...

Americans may not be feeling jolly about their economic prospects, but that didn't stop shoppers from opening their wallets on Black Friday and driving spending to new records. Despite record holiday ...

AI spending on data centers surpassed consumer spending as the biggest driver of America’s economy last quarter. AI spending as a percentage of GDP passed the telecom buildout in the late 1990s, but ...

With a $1.8 billion Powerball jackpot in the balance, it seems like half the nation is playing the lottery. And, as it turns out, that is more or less true. The average American spends $320 a year on ...

Back in early September, the prognosticators at IDC put out an ebullient but simple AI spending forecast going out to 2029, and Gartner followed suit with a much more detailed AI spending forecast, ...