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Consumption

Budget brands are winning in China as people turn to cheap food and fashion

Sun, 10/13/2024 - 20:00

Tech Insider : Economy, Economy

Poeple walk by a Chinese national flag as they visit a shopping area in a historic neighbourhood in China. — Chinese consumers are looking to buy more for less.
Kevin Frayer/Getty Images

economy, Retail, economy, China, Consumption, Retail, News

Russians are spending big on travel and cognac. But the boom is just one 'last growth spurt,' says an analyst.

Mon, 08/12/2024 - 05:46

Tech Insider : Economy, Politics, Economy

Russian President Vladimir Putin at a table with a Russian presidential flag behind him. — Russian President Vladimir Putin.
Gavriil Grigorov/Pool/AFP/Getty Images

economy, politics, News, economy, Russia, Consumption, ukraine-war

Some Russians are spending like no tomorrow with 'considerable' overheating in the economy

Mon, 07/29/2024 - 02:52

Tech Insider : Economy, Economy

General view of the food court of the Paveletskaya Plaza shopping mall in Moscow, Russia. — The Paveletskaya Plaza shopping mall in Moscow, Russia.
Getty Images

economy, economy, Russia, Consumption, Retail, central-bank, News

China's gold rush shows the Chinese still have money to spend — they're just not into Starbucks or Gucci

Sun, 05/26/2024 - 21:10

Tech Insider : Economy, Economy

Customers select gold ornaments at a gold jewelry store on April 3, 2024 in Huzhou, Zhejiang province, China. — China's gold rush has sent gold prices to record highs.
Ni Lifang/VCG/Getty Images

economy, economy, China, gold-market, Consumption, gold-price, News

Goldman Sachs CEO David Solomon isn't so sure the US is on track to avoid a recession

Wed, 02/28/2024 - 02:03

Tech Insider : Economy, Economy

Goldman Sachs chairman and CEO David Solomon — Goldman Sachs chairman and CEO David Solomon.
AP Photo/Patrick Semansky

economy, News, economy, united-states, Recession, interest-rates, Consumption

China won't end up like Japan - but it's headed for a 'grinding deceleration' with a narrow path to avoid stagnation, research firm says

Tue, 10/03/2023 - 11:52

Tech Insider : Economy

china economy — China's economic growth hit a three-decade low in 2018, adding to pressure on Beijing to beef up stimulus measures and settle a tariff war with Washington.
AP Photo/Andy Wong

economy, Markets, china-economy, china-economic-outlook, china-slowdown, lost-decade, china-debt

Americans have been splurging on movies and concerts all summer long — but investors don't expect the spending spree to last

Mon, 09/11/2023 - 23:40

Tech Insider : Economy, Economy

Guests shop during the grand opening of Nordstrom Rack at Best of the West shopping center on May 18, 2023 in Las Vegas, Nevada. — The resilience of the US consumer has been propping up the economy.
David Becker/Getty Images for Nordstrom Rack

economy, Markets, united-states, economy, Consumption, News, Recession

Taylor Swift, Beyonce, and 'Barbenheimer' may boost US GDP by $8.5 billion

Fri, 08/25/2023 - 08:25

Tech Insider : Economy, Economy

A split image of Ryan Gosling and Margot Robbie in the — Ladies and gentlemen, Barbenheimer.
Warner Bros./Universal

economy, economy, Markets, consumer, Spending, Cinemas, taylor-swift

China just unleashed broad stimulus measures to fire up the economy — but analysts think these have failed to live up to expectations

Mon, 07/31/2023 - 05:05

Tech Insider : Economy

Xi Jinping — Chinese President Xi Jinping.
Tingshu Wang/Reuters

economy, Markets, China Economy, Xi Jinping, Manufacturing, Services, Consumption

Wall Street's recession forecasts for 2023 are wrong and the economy is poised to keep growing, Fed President James Bullard says

Tue, 04/18/2023 - 11:11

james bullard — REUTERS/Brian Snyder

Markets, MI Exclusive, Recession, recession 2023, recession outlook, Fed, fed inflation

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