There’s only so much that President Barack Obama can do to help his party this year. Six years in, he’s less popular than before, and aside from fundraising, his value on the campaign trail is limited, especially in the places that matter most for Dems.
Behind the slump in consumer spending Financial markets are at or near record highs, but consumer spending in April was flat. At the same time, Americans are saving money and paying down their credit card debt. What does this mean for the economy?