Consumer Spending
Personal FinanceAmericans are sinking in debt as household expenses grow faster than income, new poll says. ‘The economy is good on paper, but I’m not doing great’
By Cora Lewis and The Associated PressOctober 27, 2023
By Christopher Rugaber and The Associated PressOctober 26, 2023
RetailLuxury slump intensifies as shoppers buy less Balenciaga and Gucci, in latest sign of an end to the ‘roaring 20s’
By Prarthana PrakashOctober 25, 2023
FinanceBank of America warned consumers they would be pushed to the ‘point of pain’—and CEO Brian Moynihan says we’ve now reached that point
By Eleanor PringleOctober 18, 2023
RetailThe average American shopper will drop $1,652 worth of holiday cheer this year, Deloitte predicts
By Chris MorrisOctober 17, 2023
By Anne D'Innocenzio and The Associated PressOctober 17, 2023
CommentarySome politicians are waging a war on sustainability. New research shows U.S. consumers of all persuasions, from Gen Zers to boomers, are going in the opposite direction
By Tensie Whelan and Randi Kronthal-SaccoOctober 17, 2023
RetailVivid Seats’ ‘geriatric millennial’ CEO breaks down how he sees Gen Z’s spending, ‘FOMO-esque’ events and his urge to see Guns ‘N Roses
By Stan Choe and The Associated PressOctober 16, 2023
Personal FinanceGen Z is cooking more and shopping less as they struggle to achieve financial success
By Chloe BergerOctober 13, 2023
RetailBernard Arnault, the world’s second richest man, may be seeing the end of his winning streak as luxury shoppers bolt for the first time in years
By Prarthana PrakashOctober 11, 2023
RetailAmerican consumers are taking their foot off the spending pedal as bargain prices become rarer, former Walmart U.S. CEO says
By Chloe TaylorOctober 10, 2023
RetailEuropean luxury stocks are losing their allure on Wall Street and have hit their biggest slump since 2020
By Prarthana PrakashOctober 9, 2023
Personal FinanceFinancial experts say we need to stop living in a ‘YOLO economy.’ They share 5 ways to rein in spending
By Alicia AdamczykOctober 7, 2023
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