Consumers

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Pedestrians on 5th Avenue in New York, US
Finance

Heroes of the high-rate economy? Bank of America praises consumers for propping up 2024

By
October 27, 2024
China's President Xi Jinping speaks
Finance

China’s rate cuts may actually worsen the economy

By
October 12, 2024
U.S. consumer spending is increasingly driven by richer households
Retail

U.S. consumer spending is increasingly driven by richer households

By Alex Tanzi and Bloomberg
October 11, 2024
Kamala Harris smiling at a podium
Retail

Kamala Harris’ presidential prospects lift consumer sentiment

By Paul Wiseman and The Associated Press
August 16, 2024
A woman pushing a shopping cart in a Walmart
Retail

Walmart’s shopper surge last quarter should boost retailer’s profits for the rest of the year

By Paolo Confino and Sasha Rogelberg
August 15, 2024
30-year mortgage rates drop to 6.47 percent—lowest in a year
Personal Finance

30-year mortgage rates drop to 6.47 percent—lowest in a year

By Alex Veiga and The Associated Press
August 8, 2024
Couple Having Breakfast On The Hotel Rooftop Restaurant.
Personal Finance

Gen X and boomers are the only ones who can afford to eat at fancy restaurants anymore

By
July 29, 2024
Federal Reserve Chairman Jerome Powell
Finance

Even September may be too late for a rate cut to swing the U.S. economy out of a recession, warns former Fed president 

By
July 26, 2024
Mark Schneider, chief executive officer of Nestle SA, gestures as he speaks during a panel session at the 61st Global Summit of the Consumer Goods Forum (CGF) in Berlin, Germany, on Thursday, June 22, 2017. The summit runs June 20-23. Photographer: Rolf Schulten/Bloomberg via Getty Images
Retail

Nestle ‘still in repairing mode’ warns CEO Mark Schneider, as Swiss giant lowers sales outlook and seeks to lure cost-conscious customers back

By Dasha Afanasieva and Bloomberg
July 25, 2024
Markets React To JPMorgan Chase Reporting 2 Billion Dollar Loss
Personal Finance

Chase’s plan to charge for checking accounts—and how consumers might respond

By
July 8, 2024
Socialite Paris Hilton waves as she arrives at Melbourne Airport on December 29, 2008
Success

Gen Z’s most notable status symbols, and the motivations behind them

By
June 23, 2024
sign that says shoplifters will be prosecuted
Retail

Big-box chains are funding a California ballot measure to crack down on retail theft, setting up clash with progressive lawmakers

By Trân Nguyễn and The Associated Press
June 15, 2024
Walmart and Target earnings pull back the curtain on an America struggling with high inflation
Finance

Walmart and Target earnings pull back the curtain on an America struggling with high inflation

By
May 22, 2024
Bank Of America CEO Brian Moynihan
Finance

Bank of America CEO Brian Moynihan warns Jerome Powell: Be ‘mindful’ of relying on consumers to prop up the economy, because they’re beginning to burn out

By
March 20, 2024
Businesses from Chuck E-Cheese and Target to luxury app Long Story Short are adding paid loyalty programs to make their big spenders feel special—and spend more
Retail

Businesses from Chuck E-Cheese and Target to luxury app Long Story Short are adding paid loyalty programs to make their big spenders feel special—and spend more

By Anne D'Innocenzio, Dee-Ann Durbin and The Associated Press
March 18, 2024

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