consumer spending
Nearly every American has seen their cost of living increase — here's how they're handling the hike
Nearly nine in 10 Americans have seen their cost-of-living increase over the past five years, and a new study has found it’s having a massive impact on how they’re shopping,...
Consumer confidence takes hit on worries about US economic outlook
"Strength in current labor market views continued to outweigh concerns about the future,” said Dana Peterson, the Conference Board’s chief economist.
Inflation ticks slightly downward in May, sparking hopes of Fed rate cuts
The consumer price index ticked down slightly from the 3.4% headline rate from April.
Inflation gauge closely watched by Fed shows prices still well above 2% target
The report from the Commerce Department also showed tepid consumer spending, a wrinkle that could help the Fed's inflation fight or cause jitters if the economy cools too quickly.
Economy grew just 1.3% last quarter, consumer spending was weaker than expected
The first quarter’s GDP growth marked a sharp slowdown from the vigorous 3.4% rate in the final three months of 2023.
Wealthier customers flock to Walmart to boost retailer's sales in strong Q1 earnings
“Historically, Walmart has not been able to keep them after recessions end, but maybe this time is different."
How relentless food inflation is becoming Biden's major hot potato
Foods like bananas, beef, bread, coffee and ice cream -- Biden's favorite campaign snack -- have shot up in price since he took office.
MSNBC cuts off Democratic congressman's rant that inflation problem is 'disinformation' -- to report prices rose 3.5% March
"Inflation today is about 40% of what it was when Joe Biden took office," Jim Clyburn (D., SC) told MSNBC, though the latest inflation reading marks a 150% increase from...
I'm a Walmart employee — here are 8 ways to save money and time shopping there
The advice comes amid the news that recent Walmart shoppers may be entitled to up to $500 after a $45 million lawsuit was settled regarding customers being overcharged.
Trump's Super PAC launches site to show soaring grocery bills under Bidenomics
Biden-Mart.com features an interactive grocery list that allows users to "check off the items...and see how much more expensive your bill has become under Joe Biden."
Fed keeps interest rates unchanged, still expects three cuts this year
Two weeks ago, Fed Chair Jerome Powell suggested the central bank was "not far" from gaining confidence it needed that inflation was headed toward 2%.
Taylor Swift has influenced 16% of US shoppers to spend money on football: report
Sports marketing experts have estimated that the Swift-Kelce era could generate as much as $10 million in off-the-field earnings for the 34-year-old tight end.
US economy grew a surprisingly strong 3.3% in year's end, far better than expected
The economy has repeatedly defied predictions that the Fed’s aggressive rate hikes would trigger a recession.
Credit card delinquency soars above pre-pandemic level amid high interest rates, inflation
“Just paying 20%+ interest every month, the minimum payment math is brutal.”
Federal Reserve's preferred inflation gauge rises less than expected
The Federal Reserve's preferred measure of inflation rose less than expected in November, bolstering bets that the central bank will begin cutting interest rates in 2024.
Four in 10 are planning to ‘downsize’ their Christmas celebrations this year
Four in 10 are planning to ‘downsize’ their festive celebrations this year – by making do with decorations from Christmas past and setting limits when it comes to seasonal spending.
'Doom spending' is how everyone is dealing with stress: 'Future is not guaranteed'
“Future is not guaranteed — it’s crumbling before our eyes," wrote a frittering fatalist. "Enjoying what we have while we can is the way to go."
Yes, everything IS more expensive as Biden cheers latest inflation numbers
No, you're not imagining it -- the price of just about everything in your life is getting more expensive.
US consumer fears about long-term inflation hit 12-year high: report
Surveyed Americans see costs rising 4.4% during the coming 12 months, up from an expectation of 4.2% a month earlier, according to a report.
Gobble, gobble, hey! Thanksgiving dinner will cost a lot less this year — here's why
Here's some news we can all be grateful for.