Wealthy six-figure earners who kept the economy chugging along are starting to pinch pennies, signaling the post-COVID spending boom may be over

Wealthy six-figure earners who kept the economy chugging along are starting to pinch pennies, signaling the post-COVID spending boom may be over

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Robust consumer spending by wealthier Americans has largely kept the American economy afloat and doing better than many economists had anticipated. Now, that spending could be abating, Bloomberg reports. And that's bad news for the U.S. economy as the holiday season approaches. A number of…

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