Top economists: Expect the economy to heat up further this year

The good times might just keep rolling on. Despite a volatile stock market, the prospect of an international trade war and a declining dollar, top economists surveyed by Bankrate expect workers to enjoy positive economic news in 2018. Businesses will add to payrolls at a decent clip, the unemployment rate will decline and pay should …

Survey: Majority of Americans don’t expect their finances to improve in 2019

The start of a brand-new year should give us something to look forward to. But many folks don’t feel good about where their finances are headed. According to Bankrate’s Financial Outlook Survey, 55 percent of Americans don’t expect their financial situation to improve in 2019. This includes 12 percent who think their situation will be worse …

Economists survey: Expect the Fed to hike again in 2019, but mortgage rates won’t take off

The Federal Reserve’s patience won’t last forever, but interest rates for long-term loans aren’t going to run away from borrowers anytime soon. That’s the consensus from Bankrate’s First-Quarter Economic Indicator survey, which asked 21 economists from across the country where they see the Fed, interest rates and the broader economy heading in 2019. Two-thirds of …

Survey: 40% of top economists expect Fed to cut rates over next year

The U.S. economy has been sending mixed signals in recent days, but the nation’s top economists say there’s likely more harm than good. Escalating trade tensions between the U.S. and China, slowing growth around the world and waning fiscal stimulus are all acting as a headwind to growth, according to the 20 leading experts polled …

Survey: Expect the Fed to cut rates at least two more times over the next year

Federal Reserve Chairman Jerome Powell cautioned that the first interest rate cut in more than a decade wasn’t the start of many more. But the nation’s top economists aren’t entirely convinced. Among those experts that provided a response for Bankrate’s third-quarter Economic Indicator survey, there is universal agreement that the Fed will cut interest rates …

Survey: Millennials expect to spend 37% more than the average adult for Valentine’s Day

It’s the season of love. But for many Americans, it’ll come with a hefty price tag. Of U.S. adults in relationships, 70 percent plan to spend money on their partner this Valentine’s Day, with the average amount being $152. For millennials, the number jumps to $208. That’s according to Bankrate’s 2020 Valentine’s Day survey, which …

Survey: America’s top economists expect double-digit unemployment rate into 2021

The U.S. economy cracked under the coronavirus’ pressure — and piecing the financial system back together will take much longer than it did to fall apart, according to the nation’s top economists. A year from now, joblessness is expected to be in the double digits, the U.S. economy is expected to be much smaller than …

Survey: 55% of Americans expect to search for a new job over the next 12 months

The coronavirus pandemic massively disrupted Americans’ working lives, and a new Bankrate survey suggests that it’s causing many of them to now re-evaluate what they want out of their careers. Most Americans (55 percent) who are either employed or looking for a job — what economists would describe as being in the workforce — say …

What can we expect from the latest Star Wars: Battlefront DLC

Last November saw the release of Electronic Arts’ latest first- and third-person shooter offering Star Wars: Battlefront. It landed on shelves just in time to accompany the furore that was surrounding the impending release of JJ Abrams’ Star Wars: The Force Awakens. The game was a reboot of the video game franchise that kicked off …