Hiltzik: Don’t trust the government stats
The federal government’s monthly releases of economic statistics — especially the inflation rate and growth as tracked by…
Housing Tracker: Southern California home values drop in November
After a slight jump in October, Southern California home prices dropped in November. It’s the sixth time in…
Contributor: Why homes are ‘filtering’ up the market from the poor to wealthier buyers
A debate over the true financial condition of American families is driving pundits and economists to their elective…
McDonald’s is losing its low-income customers. Economists call it a symptom of the stark wealth divide
In the early 2000s, after a severe slump, McDonald’s orchestrated a major turnaround, with the introduction of its…
Consumer sentiment drops to three-year low amid government shutdown
Consumer sentiment dropped to a three-year low and close to the lowest point ever recorded by the University…
Housing Tracker: Southern California home values drop in August
Southern California home prices dropped in August, marking the fourth consecutive month that values declined from a year…