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consumer-spending

Bank bosses aren't worried about lower interest rates — and even see some upside

Thu, 10/17/2024 - 10:23

Citigroup Latin America CEO Jane Fraser — Citigroup CEO Jane Fraser highlighted some potential benefits of lower interest rates this week.
REUTERS/Erin Scott

finance, trending-uk, finance, Banks, wall-street, interest-rates, Lending

Credit card companies are ripping you off like never before

Wed, 10/02/2024 - 05:24

Tech Insider : Economy, Politics

Credit card shark with mouth open towards swimmer's legs — Lo Cole for BI

Lana Linge has $42,000 in credit-card debt, but it's not the giant tab that has her most frustrated.

economy, finance, politics, Discourse, credit-cards, interest-rates, Debt

Trump called inflation a disaster for consumers — and Musk blamed it on government waste

Tue, 08/13/2024 - 07:41

Tech Insider : Economy, Economy

Donald Trump and Elon Musk — Donald Trump (left) and Elon Musk.
Win McNamee/Marc Piasecki/Getty Images

economy, trending-uk, economy, elon-musk, donald-trump, Inflation, interest-rates

Warren Buffett's company is so big it's like a mini US economy. Here's what it signals about the state of consumers.

Tue, 08/13/2024 - 05:06

Tech Insider : Economy, Economy

warren buffett — Warren Buffett.
Getty Images / Michael Buckner

economy, Retail, trending-uk, economy, warren-buffett, berkshire-hathaway, 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

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

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

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