Browsing: Consumer Spending
There’s a ‘scary’ recession warning hidden in the too-good-to-be-true economic data, Wells Fargo warns
Recent economic data have eased fears that President Donald Trump’s tariffs aren’t yet causing a downturn or spike in inflation,…
Consumers saw a double whammy of bad news in May, pulling back on spending as inflation heated up
For the first time this year, consumers pulled back on spending as the bad mood that’s been pervasive since tariffs…
Americans used to say one thing about their feelings on the economy and do something else with their actual dollars.…
Consumer prices are 23.7% higher than they were in February 2020, which means Americans must spend about $1,237 to buy…
LVMH’s deputy chief executive officer said Chinese customers have been pulling back on travel and consumer spending, indicating that a…
Gen Z’s not drowning in buy-now-pay-later debt—yet. But experts warn it’s a luxury lifestyle trap
Young people’s love for procrastination is finally hitting a new phase: their finances. Nearly two out of five Gen Zers…
Kohl’s Corp. said on Friday the recent departure of a board director was related to a disagreement with the company…
European consumers are prepared to actively move away from US products and services as a result of President Donald Trump’s…
France is pushing to slap fees on small packages from discount retailers including China’s Temu and Shein Group Ltd. as…
American Express CEO says his business is in great shape because its wealthy Gen Z clients aren’t hurting at all
The world economy is looking increasingly uncertain, but the CEO of American Express says its wealthy customers are doing just…












