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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 Seamus WebsterJune 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 Eleanor PringleMay 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 Lionel LimMay 31, 2024
Kohl's store and empty parking lot
Retail
Kohl’s is spiraling as picky customers choose TJMaxx instead
By Lily Meier and BloombergMay 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 Alicia AdamczykMay 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 Sasha RogelbergMay 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 PressMay 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 PressMay 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 Will DanielMay 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 BloombergMay 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 BrewMay 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 BrewMay 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 PressApril 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 Jason MaApril 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 PressApril 25, 2024
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Most Popular
Law
Egg companies made $1.22 billion in profit off a $6 carton — now they’re buying their way out of a price-fixing case with 53 million donated eggsplaceholder alt text
By Wyatte Grantham-Philips and The Associated PressJuly 2, 2026
AI
Meet the Zillennials: The luckiest micro-generation in the workforce, born between 1993 and 1998placeholder alt text
By Nick LichtenbergJuly 3, 2026
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunchplaceholder alt text
By Marco Quiroz-GutierrezJuly 1, 2026
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