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Gen Z men and women spend their money and free time very differently
Gen Z men and women have different social media and streaming preferences and spending habits. A ne…
Sarah Jackson
Sam Altman believes wars will be fought over AI unless there's massive spending on infrastructure. But that comes with a cost.
Sam Altman says the development of AI infrastructure is key to avoiding war over the tech. Experts …
Katherine Tangalakis-Lippert
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
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
Consumer confidence stays stable in RBI survey across 19 major cities
Households' assessment of current earnings reached its highest level since July 2019 and expectatio…
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…
Monthly household consumer spending more than doubled in last decade
The per capita monthly household expenditure more than doubled in 2022-23 as compared to 2011-12, a…
PTI
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
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
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
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
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
BJP's narrow majority could shift focus to rural spending, increased private investments: Bernstein report
The recent election results have delivered a surprise verdict, with the ruling Bharatiya Janata Par…
ANI
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
I'm a mom of 3 and prefer spending time with my child-free friends
I have three kids, and I love my friendships with other moms. But I love spending time with my chil…
Melissa Noble
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 …
Kelly Cloonan
China's consumers aren't buying stuff, but it's not because they're broke
China's household deposits reached a record high of around 147 trillion yuan, or $20.2 trillion, at…
Huileng Tan
China's population decline is having a big impact as marriages, diamond sales, and retail spending drop
Just 3.4 million couples in China got married in the first half of 2024, a 50% decline from what wa…
Jennifer Sor
Airbnb's struggles go beyond people spending less. They're losing some travelers to hotels.
Airbnb stock tumbled after the company predicted slowing demand. Some Airbnb fans said they now fav…
Dan Latu
Russians are spending big on travel and cognac. But the boom is just one 'last growth spurt,' says an analyst.
Russia's central bank has hiked the country's key interest rate to 18% to cool the overheated econo…