Hopes Rise on Debt Ceiling Deal, Prompting Another Positive Day on Wall Street

Brian Jacobsen, chief economist with Annex Wealth Management, joined Cheddar News to discuss the positive sessions for the stock market as investors were optimistic of a debt ceiling deal ahead of the June 1 deadline.

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Consumers Keep Spending Despite High Prices and Wwn Gloomy Outlook. Can it Last?

A flow of recent data from the U.S. government has made one thing strikingly clear: A surge in consumer spending is fueling strong growth, demonstrating a resilience that has confounded economists, Federal Reserve officials and even the sour sentiments that Americans themselves have expressed in opinion polls.

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