Consumer Spending

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Bars, restaurants and retailers should brace for a hit as student loan payments restart, Deutsche Bank says
Retail

Bars, restaurants and retailers should brace for a hit as student loan payments restart, Deutsche Bank says

By Paul Wiseman and The Associated Press
July 4, 2023
There’s a $75 trillion reason the economy won’t crash into a recession, top economist says: Baby boomers’ pent-up net worth
Finance

There’s a $75 trillion reason the economy won’t crash into a recession, top economist says: Baby boomers’ pent-up net worth

By
June 29, 2023
Joe Biden
Finance

The American consumer has actually been spending at the fastest pace in nearly 2 years, revised GDP figures show

By Paul Wiseman and The Associated Press
June 29, 2023
One of the top stock watchers alive called the big S&P 500 comeback this year—and now he sees a ‘mild recession’ by the holidays
Finance

One of the top stock watchers alive called the big S&P 500 comeback this year—and now he sees a ‘mild recession’ by the holidays

By
June 26, 2023
The most widely predicted recession ever hasn’t materialized, but the coming ‘student loan cliff’ could be the straw that breaks the camel’s back
Personal Finance

The most widely predicted recession ever hasn’t materialized, but the coming ‘student loan cliff’ could be the straw that breaks the camel’s back

By
June 21, 2023
Gen Zers with treats
Success

Millennial and Gen Z economic malaise is creating a ‘treat culture’ as they turn to tiny purchases for a dose of daily escapism

By
June 14, 2023
A young woman sprays herself with perfume from an unbranded bottle.
Lifestyle

Gen Z is more obsessed with smelling good than ever—and Burberry, Gucci, and Chloé bottles are raking in cash

By
May 30, 2023
‘Turbulence ahead’: Nearly 4 in 10 Americans lack enough money to cover a $400 emergency expense, Fed survey shows
Personal Finance

‘Turbulence ahead’: Nearly 4 in 10 Americans lack enough money to cover a $400 emergency expense, Fed survey shows

By
May 23, 2023
People are ‘cash-stuffing’ to manage their spending as the cost-of-living crisis bites
Personal Finance

People are ‘cash-stuffing’ to manage their spending as the cost-of-living crisis bites

By Anna Irrera, Aisha S Gani, Tom Rees and Bloomberg
April 28, 2023
The U.S. economy is teetering on the edge of an $18 billion monthly ‘student loan cliff,’ analysts say
Personal Finance

The U.S. economy is teetering on the edge of an $18 billion monthly ‘student loan cliff,’ analysts say

By
April 19, 2023
A man pays for potato chips at a convenience store.
Leadership

The $185 billion convenience store industry ‘scrambles’ as inflation catches up with shoppers

By
April 17, 2023
Worried man looking at a bill
Finance

A new Fed survey suggests ‘the credit crunch has started’ and the tight money era has arrived. Here’s what that means for a recession

By
April 11, 2023
American shopper
Success

The American shopper just officially had their weakest quarter of spending since the pandemic hit

By Paul Wiseman and The Associated Press
March 30, 2023
‘The economy could hit an air pocket in a few months.’ Larry Summers still sees a U.S. recession as a near certainty
Finance

‘The economy could hit an air pocket in a few months.’ Larry Summers still sees a U.S. recession as a near certainty

By
March 7, 2023
Target
Personal Finance

Target reports 43% drop in profits from holiday quarter, cautious on 2023 outlook

By Anne D'Innocenzio and The Associated Press
February 28, 2023

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