The Latest Breaking News from Gregory Daco

Your employees could be less productive because the last three years were just such a huge bummer, the influential blogger and columnist wrote.

“The 2022 survey found that self-reported financial well-being was among the lowest levels observed since 2016,” the central bank’s researchers wrote.

Gregory Daco, chief economist at EY Parthenon, expects to see a “K-shaped consumer spending pattern” in 2023, where working class families slow their spending, while wealthy families continue to splurge.

There's no one formula for every company.

The stock market has been under pressure this year amid consecutive rate hikes and recession fears. Moreover, as the market could remain volatile in the short term, investors should focus on their long-term strategies and invest in fundamentally strong stocks, Johnson & Johnson (JNJ) and Molina Healthcare (MOH), which look…

Is a ‘goldilocks’ inflation report enough to end the bear market? Experts weigh in.

Analysis: In spite of high employment and robust hiring, many Americans are pessimistic about the economy

The U.S. economy’s latest report card — featuring fresh readouts on growth, inflation, spending and wages in the first three months of the year — is set to include a mix of good and bad marks.