You Searched For "US consumer spending" and got 20 results
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3 mins read
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
2 mins read
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
2 mins read
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
2 mins read
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
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
3 mins read
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
3 mins read
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
4 mins read
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…
Jennifer Sor
2 mins read
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
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…
2 mins read
LVMH is waiting for China's consumers to shop at home
LVMH is continuing to spend big on marketing in China, even amid the country's economic gloom.
Huileng Tan
2 mins read
North Americans aren't buying as much Lululemon, but Chinese consumers can't get enough
Lululemon's revenue jumped 34% in China. A controversy over new leggings didn't hurt the company, t…
Lian Kit Wee
3 mins read
Trump called inflation a disaster for consumers — and Musk blamed it on government waste
Higher food costs are pinching budgets and inflation eroded the value of savings, Donald Trump said…
Theron Mohamed
2 mins read
Stock market today: Indexes rise after retail sales boosts confidence on the consumer and the economy
Indexes rose after a surprise 1% jump in retail sales. Bond yields jumped as traders dialed back fe…
Kelly Cloonan
2 mins read
American homeowners are in a 'deferral mindset' with spending, says Home Depot CFO
US homeowners are doing rather well financially, but high prices and high interest rates have them …
Dominick Reuter
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
Stock market today: Stocks soar as investors cheer soft PPI and brace for consumer inflation data
Stocks surged as investors were encouraged by cooler producer inflation. The Dow rose 400 points an…
Filip De Mott
2 mins read
How plunging oil prices could help the US avoid recession
Cheaper energy reduces cost burdens in manufacturing, construction, and agriculture, among other ec…
Filip De Mott
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
1 min read
Walmart stock surges to all-time highs as sales jump even as other companies see consumers turn cautious
Walmart's stock soared as much as 8.4% Thursday after reporting strong sales last quarter, even as …