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Marketplace®

Daily business news and economic stories

middle class

Why middle-priced goods are slowly disappearing from shelves
Spencer Platt/Getty Images
It’s called bifurcation — the split in stores and brands catering a budget-conscious consumer on one end and luxury-focused one on the other.
Kamala Harris outlines economic priorities on the last night of the DNC
Alex Wong/Getty Images
Among economic themes, Vice President Kamala Harris highlighted the need to protect Social Security and Medicare, and a tax cut for middle-income households.
Macy’s isn’t facing a retail apocalypse. It’s facing a shrinking middle class.
Justin Sullivan/Getty Images
Department stores were created to serve an income group that’s declining while the poorer and wealthier cohorts expand.
As student loan repayments are set to restart, the Education Department looks to ease the transition
Paul Morigi/Getty Images for We The 45 Million
For one thing: the first year after payments restart, borrowers who fall behind won’t be penalized.
Is a growing middle class the real key to economic growth?
Justin Sullivan/Getty Images
Ideas are a key ingredient for economic growth. And to generate new ideas, you need … more people.
A tax refund is a lifeline for a lot of Americans
Joe Raedle/Getty Images
Last year, after the Tax Cuts and Jobs Act of 2017 went into effect, a lot of people saw their tax refunds shrink or disappear.
As home prices rise in big cities, holding out hope of buying
Samantha Fields/Marketplace
Home prices have become unaffordable, but many are still trying to buy.
Auto loans are taking longer to pay off
Karen Bleier/AFP/Getty Images
That could hurt consumers but benefit banks and dealerships.
"Why can’t I make ends meet? Why can’t I make this math work?"
Sean Gallup/Getty Images
In her new book, Alissa Quart examines the lives of middle-class families struggling to get by.
Cutting the federal income tax rate is just a start, some economists say
Gary Cohn, President Donald Trump’s chief economic adviser, told CNBC this morning that it would be hard for the current tax bill to reduce federal tax rates further for a family earning median income without going into negative tax rates. But federal income tax is just one kind of tax that everyone pays. Click the audio […]

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