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U.S. Household Income, Spending Likely Picked up Last Month

Households likely boosted spending last month as incomes rose, forecasters say, another sign the U.S. economy continued recovering into the fall from damage inflicted by the coronavirus pandemic

10/30/2020 12:45:00 PM

Households likely boosted spending last month as incomes rose, forecasters say, another sign the U.S. economy continued recovering into the fall from damage inflicted by the coronavirus pandemic

Households likely boosted spending last month as incomes rose, forecasters say, another sign the U.S. economy continued recovering into the fall from damage inflicted by the coronavirus pandemic.

Oct. 30, 2020 5:30 am ETHouseholds likely boosted spending last month as incomes rose, forecasters say, another sign the U.S. economy continued recovering into the fall from the damage inflicted by the coronavirus pandemic.Economists surveyed by The Wall Street Journal expect the Commerce Department to report Friday that personal-consumption expenditures—a measure of household spending on goods and services—rose 1% in September, the same increase as in the previous month. Household spending has been rising after a steep drop off earlier in the pandemic,...

Samsung's Big Cyber Week Sale Includes the Limited-Edition BTS Earbuds for $90 Off The 5 Things Most Investors Seek In A Song Catalog Trump said the stock market would crash if Biden won. The Dow is having its best month since 1987. Read more: The Wall Street Journal »

What You Need to Know About Saturn's Moon Titan

Earth is not the only place in the solar system with rain, rivers, lakes and seas. Saturn’s moon Titan has them, too — not of water, but of liquid methane an...

Maybe spending is up, because prices are up..Everything much higher priced ..From food to freezers .. Spending yet going into debt! I’m in retail and there is lots of frivolous spending by some while others are buying only needed merchandise like coats and sweaters. The rich verses the strapped. They make a reserve for the future! Ask them!)

Good thing we had a strong Trump economy going into this pandemic. are we singing in the rain next? More good news please(((

Education experts weigh in on Biden’s proposal to triple funding for low-income schoolsDemocratic presidential nominee Joe Biden has proposed tripling federal funding for Title I schools that have a high percentage of low-income students. MakeIt Nobody cares. Allow us to hear about the Biden crime family MakeIt MakeIt C'mon Man!

Here are the new income tax brackets for 2021The IRS has released its inflation adjustments for the standard deduction next year, as well as the marginal income tax brackets. Here's where you stand. There is no stimulus in November or December and possible in January 2021 depending on the new fight extends to March, Beware of the actions that will fall. Take care with jp Morgan and goldman they are selling with fake earnigs Get ready to get bent over and dry humped, everyone! How bout they pay out last years federal refunds 1st

Closed-end funds may be option for retirees searching for portfolio incomeIf you're among the many retired investors seeking income, closed-end funds may be an appropriate part of your portfolio. Remember the old days when you could invest in a cd at your local bank? Or not sarahtgobrien The expense ratio of 2% for lightly leveraged closed end funds is an exaggeration. The SEC forces interest expense to be included in the ratio. Management fees are generally in line or only slightly larger than other open ended funds. EVV, eg. 10% yield, 10% discount. Not bad

Nomura says buy these Asian stocks if Democrats sweep the U.S. electionNew for subscribers: Nomura says buy these Asian stocks if Democrats sweep the U.S. election Check out CNBCPro today. Pro good Pro CNN Independent thehill Facebook Twitter did you buy the stocks? Or still holding china CCP assets? Pro Buy China stocks.

UPS CEO on holiday peak season: 'We've been planning for this for months''We are ready for the volume that's going to come our way,' UPS CEO Carol Tomé said as some wonder if the shipping industry will be crunched by a 'shipageddon.' Too bad many Americans won’t be able to afford shit.

Star Clemson quarterback Trevor Lawrence tests positive for COVID-19Clemson QB Trevor Lawrence, Heisman Trophy front-runner and likely top pick in 2021 NFL draft, has tested positive for COVID-19, Dabo Swinney announced. ❤️❤️ Hoping he heals quickly. Hope for a speedy recovery