Why Are Americans Feeling Poorer But Still Traveling?
American consumers are exhibiting a curious paradox: their economic outlook is increasingly pessimistic, yet their spending on travel and other discretionary
Lead story
The top story
Top stories · today
What's moving
Macro
Fed's New Rate Hike Cycle: Can Economic Resilience Defy Hawkish Signals This Week?
The financial markets are bracing for a pivotal week, following the Federal Reserve's decision on September 16, 2026, to raise the target federal funds rate by
Macro
Why Are Americans Still Dining Out Despite Rising Interest Rates?
The Federal Reserve raised the federal funds rate by 25 basis points on September 16, 2026, the first such move since 2023, in a bid to tame persistent
Macro
Yields Swing as Fed's Hawkish Stance Clashes with Market Expectations
The Federal Reserve raised its benchmark interest rate by 25 basis points on September 16, 2026, bringing the target range to 3.75%-4.00%.
Macro
BoE's Hawkish Hold: UK Markets Rally on Rate Pause, But Inflation Warnings Persist
The Bank of England's Monetary Policy Committee (MPC) voted 6-3 on September 17, 2026, to maintain the Bank Rate at 3.75%, marking the sixth consecutive hold.
Macro
Borrowing Costs to Climb: Fed's Unexpected Rate Hike Resets Market Expectations
The Federal Reserve's unanimous decision on September 16, 2026, to raise the federal funds rate by a quarter percentage point to a target range of 3-3/4 to 4
Macro
Your Next Vacation: AI Slashes Costs, Personalizes Plans
The way we plan vacations is rapidly changing, with over half of travelers now using artificial intelligence to find better deals and more personalized
All articles · paginated
Latest from the desk
Macro
Fed Hikes Rates, Extends Inflation Fight to 2029
The Federal Reserve delivered its first interest rate hike in three years on September 16, 2026, raising the federal funds rate by 25 basis points to a target
Macro
Fed's Inflation Battle Intensifies: First Rate Hike in Three Years Squeezes
The Federal Reserve, in a unanimous decision on September 16, 2026, raised the federal funds rate by 25 basis points, pushing the target range to 3.75% to
Macro
Fed’s First Rate Hike in Three Years Signals Sharper Inflation Fight
On September 16, 2026, the Federal Reserve raised interest rates by 25 basis points, its first hike since 2023, responding to persistent inflation pressures
Macro
How the Fed’s Rate Hike and 5% Treasury Yield Are Squeezing Your Travel Budget
The Federal Reserve is set to raise interest rates by 25 basis points this week in response to stubborn inflation and a strong labor market.
Macro
August Inflation Surge Forces Fed Rate Hike Odds Above 85%, Rattling Markets
August's CPI inflation rose 0.4%, well above expectations, reigniting fears of persistent inflation and pushing the Federal Reserve's September rate hike odds