Consumer Spending
Gen Zers are so terrified of a recession that they’re ditching doom spending, ordering Happy Meals, and using ChatGPT for free therapy
The “lipstick effect” has historically been a popular way to gauge a recession against spending habits—with shoppers opting to buy ...
American Express CEO says his business is in great shape because its wealthy Gen Z clients aren’t hurting at all
The world economy is looking increasingly uncertain, but American Express’ CEO says its wealthy customers are doing just fine. The ...
Americans rushed to splurge on cars and big ticket items before Trump tariffs kicked in as if it was ‘one gigantic clearance sale,’ economist says
U.S. shoppers stepped up their shopping last month, fueled by a spending spree on big ticket items, particularly cars, before ...
Delta CEO warns Trump tariffs are already threatening the $300 billion revenge travel market: ‘We’re acting as if we’re going into a recession’
Delta Air Lines CEO Ed Bastian is slamming President Donald Trump’s tariffs as the “wrong approach,” warning travel bookings are ...
U.S. consumers in ‘survival mode’ cut spending while others flood stores to buy iPhones and cars to prepare for tariff hits
American consumers braced for pain even ahead of President Donald Trump’s hefty tariffs on imported products, which came into effect ...
6 products set to get more expensive under Trump’s tariffs: cars, groceries and more
President Donald Trump imposed sweeping tariffs on dozens of countries this week and that will result in significant price shocks ...
Trump’s latest tariffs will increase the cost of building a new home by an average of $9,200
President Donald Trump has unveiled his latest tariffs, and they could have significant implications for your wallet. Trump’s sweeping new tariffs, on top of previous ...
Trump’s $3 gasoline dream is still far off for American drivers
President Donald Trump touted the idea of Americans paying less than $3 a gallon for gasoline during his tariff rollout ...
Americans will ‘feel the pinch quite quickly’ on Trump tariffs
US President Donald Trump holds a signed executive order after delivering remarks on reciprocal tariffs during an event in the ...
Trump’s tariffs may trigger the return of ‘shrinkflation’ with shoppers paying more for less
Steve Rad, CEO of toy maker Abacus Brands Inc., which designs science kits and other educational toys for older children, ...
