U.S. households
Coverage of U.S. households in the Nexus archive.
- Petrol prices strain US households as oil giants Chevron, Exxon profits soar
Rising petrol prices are straining US households, particularly low-income families who spend over 10 percent of their monthly income on fuel. Oil companies Chevron and Exxon are experiencing increased profits amid the price surge.
- The $124 trillion Great Wealth Transfer is more than just cash: More U.S. businesses are now being inherited than bought, BofA finds
More U.S. businesses are being inherited than purchased, according to Bank of America's Private Bank Study of Wealthy Americans. By 2026, 23% of businesses among wealthy Americans are projected to be inherited versus 11% purchased, marking a shift in the Great Wealth Transfer, which involves $36 trillion to $124 trillion in assets moving to younger generations over two decades.
- A handful of American households pay for AI. Is the future free — or a subscription?
Only 3% of U.S. households pay for AI for personal use, but sign-ups are increasing despite widespread subscription fatigue among Americans.
- A new report shows how close American households are to the financial edge
A 2024 report reveals nearly half of U.S. households do not earn enough to cover their basic necessities, highlighting widespread financial instability. The findings underscore the precarious economic situation many American families face.