Browsing: Consumer Spending
Baby boomers, members of the wealthiest generation in history, are beginning to retire in record numbers. Though much has been…
Move over, Hermes and Miu Miu—the newest luxury purse flying under the radar is a crinkled paper bag filled with…
Cracks are showing in one of the main pillars keeping the economy out of a recession: resilient spending by U.S.…
Americans are continuing their post-pandemic online spending spree in 2024, despite the pain of stubborn inflation and interest rates at…
The first-quarter GDP report showed so much deceleration and missed estimates by such a wide margin that stagflation fears are…
The nation’s economy slowed sharply last quarter to a 1.6% annual pace in the face of high interest rates, but…
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Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans’ outlook largely unchanged…
Inflation has changed the way many Americans shop. Now, those changes in consumer habits are helping bring down inflation. Fed…
Walmart ended its fiscal year with strong sales numbers but joined a chorus of large direct-to-consumer businesses in warning that…