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Americans' Thirst for Diageo's High-End Spirits Slows
Business

Americans' Thirst for Diageo's High-End Spirits Slows

The owner of Johnnie Walker scotch said sales of its $50-a-bottle liquor are growing more slowly as pandemic-era spending patterns fade. Source link

What Fed Hikes? Much of  Americans' Debt Is Still Riding Ultralow Rates
Business

What Fed Hikes? Much of Americans' Debt Is Still Riding Ultralow Rates

One reason the economy keeps humming: A huge chunk of consumer debt still carries low rates, including mortgages and auto loans made before 2022. Source