Summer 2024: AAA Forecasts 44M Travelers, Solo Trips, AI, and Taylor Swift
AAA predicts a surge in summer 2024 travel, with 44 million travelers, surpassing pre-pandemic levels. Expect more solo trips, AI use, and Taylor Swift.
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Americans Keep Spending Despite Higher Prices
U.S. consumers came roaring back in August, with retail sales jumping 1.2% after a revised 0.5% decline in July.
Amazon Bets Big On Generac As Data Center Power Demand Soars
Amazon is getting a new way to invest in Generac, securing warrants that could allow it to purchase as much as $340 million of the generator maker’s stock.
Trump Pushes For Ultra-low Rates As Warsh Faces Pressure
President Trump is continuing to push for interest rates of 1% or lower, even as the Federal Reserve moves in the opposite direction.
Wall Street Reacts To The Fed’s New Rate Path
Stocks struggled after the Federal Reserve raised interest rates and signaled that inflation remains a concern for policymakers.
What The Fed’s Rate Hike Means For Your Wallet
The Federal Reserve’s latest rate increase is set to ripple through household finances with borrowing costs likely to rise for credit cards and other variables.
Why Energy Prices Are Becoming a Key Economic Issue Ahead of November
Rob Schroeder of MarketWatch breaks down rising energy costs, $6 diesel, the “Trump Dividend” and how the economy could factor into the 2026 midterms.
