You Searched For "Consumer spending" and got 20 results
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2 mins read
Americans' spending patterns are flashing a warning of a possible consumer-led recession
Consumers are pulling back on discretionary purchases, a sign that their stimulus-fueled shopping s…
Jennifer Sor
2 mins read
Fitch raises India's growth estimates for FY 25 to 7.2%
Investment will continue to rise but more slowly than in recent quarters, while consumer sp…
PTI
2 mins read
The US economy is in a 'selective recession' as lower-income consumers struggle and high-income households see huge wealth creation, JPMorgan strategist says
The top 10% of Americans have gained a whopping $30.5 trillion in wealth since 2020, according to F…
Jennifer Sor
2 mins read
Chinese retail giants tried to juice spending with iPhone and Lululemon discounts in an annual shopping bonanza
618 is seen as a key indicator of China's general retail temperature — and early results were…
Shubhangi Goel
2 mins read
At Rs 2 lakh per year, Indians are among the top spenders on clothing globally: Study
Things like rapid urbanisation, westernisation, our increasing disposable incomes and a growing you…
3 mins read
Why lifestyle creep can cause HIFIs to spend 'every cent they make,' according to a financial planner
Many Americans feel financially insecure and spend a fortune to appear wealthy, a financial planner…
Allie Kelly
3 mins read
The consumer slowdown is here and its flashing a recession warning for the economy
American consumers - the backbone of the resilient US economy in recent years - appear to be windin…
Jennifer Sor
4 mins read
China's gold rush shows the Chinese still have money to spend they're just not into Starbucks or Gucci
Chinese consumers are holding back on discretionary purchases as its economy faces multiple headwin…
Huileng Tan
3 mins read
Chinese shoppers are buying less than they used to but they're spending on experiences
China's property market was still struggling as April new-home prices fell at their fastest pace in…
Huileng Tan
2 mins read
The US economy is in a 'selective recession' as lower-income consumers can't cover the cost of living, JPMorgan says
Lower-income Americans are can't keep up with the rising cost of living and have blown through thei…
Jennifer Sor
3 mins read
Consumers fended off a recession but keep spending like there's no tomorrow
People are saving less, raiding their nest eggs, and racking up record amounts of credit-card debt.…
Theron Mohamed
4 mins read
A San Francisco Gen Xer quit his job to escape 60-hour workweeks and spend his time being an 'older dad': 'I'll be 70 when my son graduates from high school'
A San Francisco "older dad" quit his job to maximize his time with his son.
Jacob Zinkula,Andy Kiersz
2 mins read
Recession odds are 'very high' as economy looks poised to see an unemployment wave and plunging consumer spending, chief economist says
"Is it possible the Fed cuts rates very dramatically? Yes. But that's only going to happen or most …
Jennifer Sor
6 mins read
Millennial vs. boomer budgets: How spending has changed for young adults in the last 30 years
Young adults are spending less on alcohol, beef, and mortgage interest and more on fresh produce, r…
Madison Hoff
2 mins read
Trump's wide-reaching tariff plan will hurt average Americans and only help the top 1%, Nobel-winning economist says
Experts say Trump's proposed tariffs would only benefit the wealthiest Americans, and cause inflati…
Filip De Mott
2 mins read
The most immediate threat to China's economy isn't external. It's internal.
Recent gauges of China's manufacturing activity show export demand, but domestic sentiment is weak.
Huileng Tan
2 mins read
Trump's trade and immigration policies are an 'elixir for stagflation' that could tip the US into recession, JPMorgan strategy chief says
A Trump election victory could trigger a policy shock to the economy, as his immigration and tariff…
Filip De Mott
5 mins read
Gen Xers who began their financial independence journeys in their 40s and 50s explain how they're on pace to meet their early retirement goals
BI spoke to late starters who started to save and invest in their 40s and 50s and set themselves up…
Noah Sheidlower
2 mins read
Money can buy happiness! Just spend it on social experiences and not things, says a psychological study
Whoever said you cannot buy happiness probably wasn’t spending their money on the right stuff, it t…
2 mins read
Trump's pledge to deport the most US workers in history could trigger recession and an inflation spike, economist says
Trump has promised to carry out the largest deportation operation in US history, which risks settin…