Browsing: consumers
To stop the next Ticketmaster-style meltdown, Congress must pass the TICKET Act before the buzzer—Sports Fans Coalition
We’re in the fourth quarter of the 118th Congress and the clock is ticking fast. There are only a few…
Heroes of the high-rate economy? Bank of America praises consumers for propping up 2024
You could argue the economic heroes of 2024 were the Federal Reserve, mega-cap stocks, and big banks. But ultimately, it…
In recent weeks, Beijing has announced a flood of stimulus measures—or intentions for such measures—as the alarms grow louder on…
How a Japanese population crisis has quietly made Asahi one of Europe’s biggest beer makers
Asahi has achieved what many international beer brands could only dream of—taking on much-loved local brands and winning. A decade…
WASHINGTON (AP) — A surge in optimism by Democrats over the prospects of Vice President Kamala Harris lifted U.S. consumer…
Walmart’s shopper surge last quarter should boost retailer’s profits for the rest of the year
Rumors of shoppers pulling back on spending have been beaten back, with Walmart on Thursday proved that it remains a…
The average rate on a 30-year mortgage fell this week to its lowest level in more than a year, a…
Big-box chains are funding a California ballot measure to crack down on retail theft, setting up clash with progressive lawmakers
With retail theft increasing, California Democratic leadership is clashing with a coalition of law enforcement and business groups in a…
Walmart and Target’s earnings pull back the curtain on an America struggling with high inflation
Economists have been looking for cracks in U.S. consumer spending for years now amid persistent inflation and higher interest rates,…
Bank of America CEO Brian Moynihan warns Jerome Powell: Be ‘mindful’ of relying on consumers to prop up the economy, because they’re beginning to burn out
U.S. consumers turned out to be made of sterner stuff than experts had anticipated—much to the delight of economists, politicians…