Browsing: Consumer Spending
Trump’s tariffs are a $29 billion tax on Americans’ holiday shopping bills, Lending Tree says
As Americans gear up for another bustling holiday season, shoppers may find their budgets stretched further than expected—not by retailers’…
Credit card tier discrimination may be coming: New Visa-Mastercard swipe settlement could reshape rewards—and surcharges
Premium credit card users and small merchants could soon feel the effect of a decades-long battle over swipe fees. A…
A Los Angeles Times headline in 1995 asked, “Can the department store survive?” A quarter century later, CNN proclaimed that…
McDonald’s and Cava earnings have one thing in common: The K-shaped economy has a vise grip on the lunchtime crowd
McDonald’s may be known for its golden arches, and Cava for its four-letter name boldly stamped on each takeout bag,…
Inflation is so bad Americans are counting on Black Friday just to afford groceries and everyday essentials
Holiday season is fast-approaching—and so is the biggest shopping season of the year. Black Friday is just 23 days away,…
This holiday season, a new obsession is sweeping through American homes: the “Ralph Lauren Christmas.” But it’s not just luxury…
Both subprime and super prime loans are on the rise, signs of a K-shaped economy that is a ‘prescription for real trouble’
The share of consumers taking out the riskiest form of loans has reached its highest peak this decade, a sign…
It’s getting harder to separate the stock market from the economy. That means the Fed and Congress have more incentive to help Wall Street
After huge rallies or selloffs, it’s often pointed out that the stock market is not the economy, or that Wall…
More than half of Gen Z says they only use cash as ‘a last resort’ and doing so is ‘cringe,’ survey shows
It’s only been a few years since card payments overtook using cash. This year, cash ranked as the third-most-used payment…
Mormon women are lining up to purchase new $5 ‘sacred’ garments that symbolize a turning point for the church
SALT LAKE CITY (AP) — Sleeveless versions of the sacred undergarments worn by members of The Church of Jesus Christ of…












