Yes. About 60% of federal spending is mandatory with more than half of that going to Medicare and Social Security.

The probability of US rate cuts has diminished, and heightened geopolitical/tariff risks are weighing on short-term stability ...

Consumers are pulling back on dining out after a rough ride for restaurants, which grappled with inflation, COVID and staff ...

The paralyzing effects of economic uncertainty are starting to show up in short-term interruptions in discretionary consumer spending,” said Marshal Cohen, chief retail industry advisor for Circana.

How did we get to the point where an increase in federal outlays is being advertised — by the GOP, no less — as a “spending ...

Leaders at UMass Chan Medical School are freezing hiring and spending, citing ongoing uncertainty surrounding federal funding ...

The Chaurasiya family, for instance, rarely have money to spend on non-essential items and treats such as dining out.

While March is a seasonally heavy month for states’ expenditure, a sharp pick-up during the month will still leave states to ...

Studies show that consumers tend to perceive fixed-weight seafood as offering better value, i.e., they are assured of a ...