Consumer Spending

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Even Americans earning six figures say they are living paycheck to paycheck—including people making over $200,000
Success

Even Americans earning six figures say they are living paycheck to paycheck—including people making over $200,000

By
June 12, 2024
The ‘funflation’ economy is dying as a consumer attitude of ‘hard pass’ takes over and major artists cancel concert tours
Lifestyle

The ‘funflation’ economy is dying as a consumer attitude of ‘hard pass’ takes over and major artists cancel concert tours

By
June 5, 2024
Brian Moynihan, chief executive officer of Bank of America
Finance

BofA CEO Brian Moynihan says both consumers and businesses are ‘slowing things down’—in fact, they’re acting like it’s 2016, a period of ‘very low growth’

By
May 31, 2024
China posts a surprise factory slowdown as Beijing tries everything from cut-rate mortgages to ‘cash for clunkers’ to get consumers to spend more
Finance

China posts a surprise factory slowdown as Beijing tries everything from cut-rate mortgages to ‘cash for clunkers’ to get consumers to spend more

By
May 31, 2024
Kohl's store and empty parking lot
Retail

Kohl’s is spiraling as picky customers choose TJMaxx instead

By Lily Meier and Bloomberg
May 30, 2024
Senior Black Couple Walking Off the Tennis Court
Personal Finance

The baby boomer bump: How ‘the richest retiring generation we’ve ever had’ is keeping the economy afloat

By
May 23, 2024
A Wendy's drive-thru worker hands a brown paper bag and drink to a customer in a car.
Retail

The new quiet luxury is burgers and fries: Over 60% of Americans are buying less fast food because it’s just too expensive, survey finds

By
May 22, 2024
A customer checks out of a Walmart store in Englewood, Colo.
Finance

Retail sales disappoint in April, unchanged from previous month

By Anne D'Innocenzio and The Associated Press
May 15, 2024
Person spending money
Finance

‘The lower income consumer in the U.S. is stretched’: Pepsi’s CEO isn’t the only executive worried about the economy

By Stan Choe and The Associated Press
May 9, 2024
The Buy Now, Pay Later trend has been jet fuel for online shopping, new Adobe report reveals—and it’s only expected to surge
Finance

The Buy Now, Pay Later trend has been jet fuel for online shopping, new Adobe report reveals—and it’s only expected to surge

By
May 9, 2024
Man with wallet
Personal Finance

Americans have now spent all $2.1 trillion of their pandemic savings, San Francisco Fed says

By Laura Curtis and Bloomberg
May 6, 2024
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

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