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consumer-spending

Americans broke a record for spending on Black Friday, but it is just hiding a bigger problem for the economy

Tue, 11/28/2023 - 06:03

Tech Insider : Economy, Economy

Amazon packages getting ready for delivery. — Amazon had their biggest Black Friday ever.
Justin Sullivan/Getty Images

economy, Retail, economy, black-friday, consumer-spending, buy-now-pay-later-bnpl

US gas prices have tumbled for 2 months to notch their longest streak of declines in over a year

Mon, 11/27/2023 - 15:08

Tech Insider

California Gas Prices — Gas prices at a Shell station on September 19, 2023 in Burbank, California.
Mario Tama/Getty Images

Markets, mi-exclusive, Markets, gas-prices, us-oil, energy, Inflation

The economy's safety net could soon disappear and send us tumbling into a recession

Fri, 11/24/2023 - 08:03

Tech Insider : Economy, Economy

A discarded credit card — A discarded credit card.
Gary Coronado/Getty Images

economy, economy, Savings, consumer-spending, interest-rates, student-loans, Barbie

'The consumer slowdown has begun': America's deteriorating shopping spree in 4 charts

Wed, 11/22/2023 - 14:30

Tech Insider : Economy

shopping — FORT WORTH, TX - NOVEMBER 27: Shoppers Jeri Hull (L) and Karen Brashear (R) wait in line while shopping at Toys'R'Us during the Black Friday sales event on November 27, 2009 in Fort Worth, Texas. Toys'R'Us stores nationwide opened at midnight Thursday, November 26, providing shoppers access to its Black Friday deals five hours earlier than ever before.

economy, Markets, consumer-slowdown, consumer-spending, retail-spending, holiday-spending, us-economy-outlook

Walmart and Target signal more cracks in consumer spending

Thu, 11/16/2023 - 13:14

Tech Insider

shopping cart shopper walmart — Whether things get better or worse for households in the coming months, as long as people are still shopping, a lot of them will likely be shopping at Walmart.
Reuters

Retail, walmart, Target, consumer-spending

Target CEO signals a halt to revenge spending and delays in impulse buys

Wed, 11/15/2023 - 15:38

Tech Insider : Economy

Target shopper — Target plans to offer more of what people want to buy, at prices they can afford to buy more of.
Rick Wilking/Reuters

Retail, economy, Target, consumer-spending, Retail

JPMorgan favors commodities over bonds and warns the stock market rally is poised to fizzle

Wed, 11/15/2023 - 14:04

Tech Insider

oil tanker — Photo by ANGELOS TZORTZINIS/AFP via Getty Images

Markets, mi-exclusive, stock-market, overvalued, Equities, federal-reserve, Inflation

Billionaire investor Jeff Greene reveals his key bets as recession fears mount - and swears by 2 of Warren Buffett's lessons

Tue, 11/14/2023 - 08:47

Tech Insider

Jeff Green wearing a suit and tie while speaking into a microphone with his fighter raised in a room with an American flag and a leafy green plant. — Jeff Greene.
Chris O'Meara/AP

Markets, mi-exclusive, Markets, Stocks, jeff-greene, Billionaires, real-estate

American consumers may be starting to buckle. Here are 5 warning signs a spending slowdown is on the horizon.

Sat, 11/11/2023 - 08:30

Tech Insider : Economy

mall shopping carts shopping — Spencer Platt/Getty Images

economy, Markets, mi-exclusive, consumer-spending, Recession, recession-outlook, Inflation

Warren Buffett's company is so massive it's like a mini US economy - and its latest earnings may stoke recession fears

Thu, 11/09/2023 - 06:19

Tech Insider : Economy, Economy

warren buffett — Warren Buffett.
REUTERS/Rick Wilking

economy, economy, us-markets-and-economy, warren-buffett, berkshire-hathaway, Inflation, Recession

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