Consumer Spending

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Teen girl on phone
Success

Gen Alpha will have $5.5 trillion of spending power by 2029 and CFOs see them just ‘a click away from purchasing things’

By Natasha Piñon, CFO Brew and Morning Brew
May 3, 2024
Andy Jassy
Retail

Andy Jassy sums it up for corporate America: ‘Customers are shopping, but remain cautious’

By Alex Vuocolo, Retail Brew and Morning Brew
May 3, 2024
How the baby boomer ‘wealth effect’ is driving inflation: it’s ‘the richest retiring generation we’ve ever had’
Personal Finance

How the baby boomer ‘wealth effect’ is driving inflation: it’s ‘the richest retiring generation we’ve ever had’

By Christopher Rugaber and The Associated Press
April 29, 2024
Timberwolf snarling
Finance

The U.S. economy is actually a ‘wolf in sheep’s clothing’ as the weak GDP report masks underlying strength, Wells Fargo says

By
April 28, 2024
High interest rates catch up to economic growth as GDP slows dramatically to 1.6%
Finance

High interest rates catch up to economic growth as GDP slows dramatically to 1.6%

By Paul Wiseman and The Associated Press
April 25, 2024
people walking on a busy street outside a Sephora store
Lifestyle

Unilever and LVMH have one common bright spot—people love spending on beauty, and it’s outshining their other products

By
April 25, 2024
Female shopper at a shelf
Finance

Shoppers defying ‘vibecession’ sent retail sales shooting up in March

By Anne D'Innocenzio and The Associated Press
April 15, 2024
Female shopper in frozen aisle
Finance

Consumers are getting more pessimistic as inflation refuses to fall

By Christopher Rugaber and The Associated Press
April 12, 2024
The top picks of the Easter egg market ranging from Selfridges to the Yorkshire tea room – only if you’re willing to splurge
Retail

The top picks of the Easter egg market ranging from Selfridges to the Yorkshire tea room – only if you’re willing to splurge

By Helen Chandler-Wilde and Bloomberg
March 22, 2024
people shopping at a luxury store
Retail

Gucci and Saint Laurent owner Kering follows Burberry in issuing a rare profit warning as luxury sales in Asia stall

By
March 20, 2024
Young woman leaning on a desk
Success

Millennial women, congratulations—you’re the economy’s new power players

By
March 18, 2024
The economy was just hit with a one-two punch of bad data
Finance

The economy was just hit with a one-two punch of bad data

By
March 14, 2024
China’s wobbly economy is pushing shoppers to trade down from L’Oreal and Starbucks to Uniqlo and KFC
Finance

China’s wobbly economy is pushing shoppers to trade down from L’Oreal and Starbucks to Uniqlo and KFC

By Ishika Mookerjee and Bloomberg
February 28, 2024
Stuart Dryden
Finance

‘Consumers are more powerful than President Biden’: The war on greedflation is being won one private-label brand at a time

By Christopher Rugaber and The Associated Press
February 25, 2024
Nestle made big gains when high inflation gave it a reason to charge consumers more. But as prices level, the Nespresso maker says growth is set to cool
Retail

Nestle made big gains when high inflation gave it a reason to charge consumers more. But as prices level, the Nespresso maker says growth is set to cool

By Dasha Afanasieva and Bloomberg
February 22, 2024

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