You Searched For "us consumer spending" and got 20 results
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3 mins read
There are 2 things that could go wrong for the US economy and spark a recession, Morgan Stanley says
The potential for more tariffs after the election is one threat to the economy, which otherwise loo…
Jennifer Sor
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
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
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
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
3 mins read
Stock market today: US stocks close at all-time highs ahead of key inflation update
The Dow and the S&P 500 closed at a record high. Markets are waiting for September inflation data, …
Jennifer Sor
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
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
2 mins read
Here's the next data point to watch as Wall Street eyes a 'no landing' scenario for the US economy
After promising jobs and GDP data, a surge in retail spending would point to a "no landing" or a re…
Kelly Cloonan
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 …
Kelly Cloonan
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 risks being caught off-guard by a recession with the labor market far weaker than most realize, strategist says
Recent US unemployment figures included temporary government jobs that may disappear after Septembe…
Filip De Mott
2 mins read
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
2 mins read
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
4 mins read
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
2 mins read
Walmart and Target signal more cracks in consumer spending
Both retailers said that shoppers are increasingly value-conscious this fall as multiple financial …
Dominick Reuter
2 mins read
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…
Huileng Tan
5 mins read
China's worsening relationship with US businesses could put AI's chip supply on shaky ground
China burning bridges with US giants and a potential invasion of Taiwan leaves the AI industry vuln…
Dan DeFrancesco
3 mins read
Wider Middle East conflict threatens the global economy — when the US and China already face headwinds, experts say
The escalating unrest in the Middle East is a global threat, on top of a US hurricane and a raft of…
Theron Mohamed
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 …