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US economic growth came in slightly under expectations but consumer spending remains strong
While third-quarter GDP came in at 2.8% compared to 3% expectations, 2024 continues to be a strong …
Madison Hoff
McDonald's sales dropped for the 2nd quarter in a row as customers keep tightening their belts
Global sales at the Golden Arches fell 1.5%, driven by international markets, especially France, th…
Nora Redmond
Retiree spending helped thwart a US recession. But boomers are losing a key financial advantage.
Spending among retired consumers is slowing down amid weaker boosts to Social Security incomes, Ban…
Filip De Mott
Americans are still having a lot of stuff delivered from DoorDash and Uber, and it shows how much we'll pay for convenience
DoorDash, Instacart, and Uber all reported that shoppers are still ordering food and other merchand…
Alex Bitter
Indian economy likely to grow at 7-7.2 percent in FY25,Deloitte India says
Deloitte India forecasted a 7-7.2% growth rate for the Indian economy this fiscal year, citing stro…
PTI
A key US consumer indicator has dipped to 'crisis levels,' SocGen says
The US personal savings rate has dropped below 3%, a level historically associated with recessions,…
Jennifer Sor
'I just can't': Why so many consumers are sick and tired of online shopping
It's not just you. 74% of shoppers say they've abandoned their online shopping cart because they we…
Emilie Friedlander
Big Crypto is now spending more on US elections than any other industry
Crypto companies have already funneled some $119 million into federal elections, according to data …
Lakshmi Varanasi
Here's how much more laptops, TVs, and smartphones could cost under Trump's proposed tariffs, consumer group says
Donald Trump's proposed tariffs would hit the consumer tech sector, raising prices on US consumers'…
Erin Snodgrass
Here's what's on Gen Z's 'micro-spending' wish list
Gen Z is spending money on more instant forms of gratification over traditional milestones like buy…
Jordan Hart
Delinquent debt is piling up. Here's why it's not a reason to worry about the US consumer, according to BofA CEO Brian Moynihan.
More credit card debt and car loans transitioned into late payment status last quarter, per the New…
Jennifer Sor
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
Indian markets under pressure as global rate cuts stir uncertainty, new report says
Indian markets experienced volatility as global economic shifts and political developments impacted…
Warren Buffett's company is so big it's like a mini US economy. Here's what it signals about the state of consumers.
Warren Buffett's Berkshire Hathaway owns scores of companies across a range of industries, and stro…
Theron Mohamed
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…
Forget Gen Zers and Taylor Swift concerts. It's boomers who are flashing their dollars.
The US economy is walking a fine line and a recession could be near. Baby boomers and their $75 tri…
Cork Gaines
Simply Put: Boom or bust — how RBI’s decision to leave rates unchanged affects homebuyers
The RBI keeps repo rates at 6.5% for the 10th time despite global rate cuts. This decision affects …
Qantas mistakenly sells first-class flights at a massive discount
Qantas said the prices were "too good to be true" and, as a gesture of goodwill, has offered to reb…
Mia Jankowicz
Pets, sports, and Disney might end up rescuing China's ailing consumer economy
China's pets, sports, and cultural IP economies are poised for rapid growth, with supply currently …
Kelly Cloonan
America's shopping spree is over and retailers are facing a new world of cautious consumers
76% of consumers said they planned to trade down in the next quarter, spelling trouble for the weak…