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consumer-spending

Americans aren't spending like they used to, and it's forcing a reckoning for companies from Starbucks to Whirlpool

Wed, 07/31/2024 - 15:00

Tech Insider : Economy, Economy

Shoppers browse at Wayfair's first store in Chicago — Slowing consumer spending is showing up in earnings reports from McDonald's to Mondelez.
Dominick Reuter/Business Insider

economy, consumer-spending, economy, Retail, Food, Inflation, Starbucks

People aren't spending like they used to and it's forcing companies like Nike and Walgreens to make drastic changes

Sat, 06/29/2024 - 05:07

Tech Insider : Economy

Discount signs — American consumers are getting tighter with their wallets and pickier about deals.
Vickie Flores/In Pictures via Getty Images

Retail, economy, consumer-spending, walmart, household-finances, Savings, Costco

Target is lowering prices and boosting its budget brands as it battles Walmart for shoppers on the hunt for deals

Sun, 05/26/2024 - 05:22

Tech Insider

Shopping baskets at a Target store in Wisconsin. — Dominick Reuter/Business Insider

Retail, Target, walmart, private-label, consumer-spending, Analysis

Recession will strike this year with 21 states flashing red already, top economist says

Sat, 05/25/2024 - 05:57

Tech Insider : Economy, Economy

deglobalization recession downturn inflation — The economy will sink into recession by the end of the year, says Piper Sandler's top economist.
Getty Images

economy, trending-uk, economy, nancy-lazar, piper-sandler, economic-outlook, us-markets-and-economy

Recession is still a real threat, Jamie Dimon and David Solomon warn

Thu, 05/23/2024 - 09:00

Tech Insider : Economy, Economy

Jamie Dimon — JPMorgan CEO Jamie Dimon.
Tom Williams/CQ-Roll Call, Inc via Getty Images

economy, finance, trending-uk, finance, economy, jamie-dimon, JPMorgan

Target comparable sales have dropped for 4 straight quarters, and it's scrambling to avoid a 5th

Wed, 05/22/2024 - 12:17

Tech Insider

Customers check out at a Target store in North Miami Beach, Fla. — Unfortunately for Target, the moves over the past several months haven't resulted in people shopping more often or buying bigger baskets.
Wilfredo Lee/AP

Retail, Target, E-Commerce, consumer-spending

The US economy is in a 'selective recession' as lower-income consumers can't cover the cost of living, JPMorgan says

Wed, 05/22/2024 - 11:33

Tech Insider : Economy

recession outlook — zhuweiyi49/Getty Images

economy, Markets, Recession, recession-outlook, recession-outlook-2024, us-economy-outlook, consumer-spending

Baby boomers have been America's secret weapon for fending off recession

Wed, 05/22/2024 - 10:42

Tech Insider : Economy

A Baby Boomers hand holding up a stock line — DMP/Getty, Tyler Le/BI

economy, Markets, us-economy-outlook, us-recession-outlook, ed-yardeni, baby-boomers, consumer-spending

Recession is coming — and a raft of companies will fail, warns elite investor Jeffrey Gundlach

Wed, 05/22/2024 - 08:17

Tech Insider : Economy, Economy

Jeffrey Gundlach — DoubleLine Capital CEO Jeffrey Gundlach.
CNBC/Getty Images

economy, trending-uk, economy, jeffrey-gundlach, doubleline-capital, us-economy-outlook, Inflation

Jamie Dimon warns inflation and higher interest rates may linger — and people are running out of spare cash

Tue, 05/21/2024 - 07:26

Tech Insider : Economy, Economy

jamie dimon — JP Morgan CEO Jamie Dimon.
Reuters

finance, economy, trending-uk, finance, economy, jamie-dimon, JPMorgan

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