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consumer-spending

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

Recession seems almost certain with 19 states in trouble already, expert warns

Mon, 05/20/2024 - 09:11

Tech Insider : Economy, Economy

A recession is coming in 2024 — A recession is coming in 2024
Getty Images

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

The consumer slowdown is here and its flashing a recession warning for the economy

Thu, 05/16/2024 - 12:56

Tech Insider : Economy

Target out of business — People shop during the going-out-of-business sale at Target Canada in Toronto, February 5, 2015. Target Corp is closing its stores in Canada after the insolvent retailer came to an agreement with its landlords to start liquidation.
REUTERS/Mark Blinch

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

People are raiding their savings and racking up debt, paving the way for economic pain, expert warns

Wed, 05/15/2024 - 06:37

Tech Insider : Economy, Economy

Stock image of someone taking US dollars out of a wallet. — Some consumers are running out of cash as they battle rising prices and higher interest rates.
Getty Images

economy, trending-uk, economy, stephanie-pomboy, macro-mavens, us-markets-and-economy, consumer-spending

Why America hasn't been able to put an end to sky-high prices

Mon, 05/13/2024 - 05:27

Tech Insider : Economy, Economy

An American flag overlapped with a price tag — The persistence of inflation caught economists, analysts, and, most importantly, members of the Federal Reserve by surprise.
Tyler Le/BI

What a difference three months makes.

economy, Discourse, Markets, consumer-spending, GDP, Inflation, labor-market

The Fed will spark an economic crash by delaying rate cuts, State Street equity research chief says

Mon, 05/06/2024 - 10:10

Tech Insider : Economy

stock market crash — Yichiro Chino/Getty Images

economy, Markets, Recession, recession-outlook, us-economic-outlook, fed-rate-cuts, fed-rate-cuts-2024

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