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consumer-spending

Brace for stocks to crash 25% - and a recession to strike by spring, top economist David Rosenberg warns

Thu, 09/07/2023 - 05:11

David Rosenberg — David Rosenberg.
CNBC

Markets, mi-exclusive, Markets, Stocks, stock-market-outlook, david-rosenberg, rosenberg-research

Economist David Rosenberg says a recession will hit in 6 months. Here are his 7 best quotes from a new interview.

Mon, 09/04/2023 - 08:15

david rosenberg — Screenshot via Bloomberg TV

Markets, mi-exclusive, Markets, Recession, recession-outlook, economic-outlook, stock-market-outlook

Dollar General stock crashes 17% after the budget retailer cuts its outlook for the rest of the year

Thu, 08/31/2023 - 17:14

dollar general storefront people — AP Photo/Eric Gay

Markets, mi-exclusive, Markets, dollar-general, consumer-spending, Earnings, stock-market

Struggling US households may soon max out their credit cards as banks get skittish

Thu, 08/31/2023 - 13:44

Tech Insider : Economy, Economy

Swiping a credit card — Getty Images

economy, Markets, economy, us-consumers, consumer-spending, credit-cards, Recession

US homeowners are sitting on $28.7 trillion of equity

Thu, 08/31/2023 - 13:20

A row of homes in a residential neighborhood. — A row of homes in a residential neighborhood.
Peter Spiro/Getting Images

Markets, mi-exclusive, Markets, housing-market, home-prices, home-equity, Loans

China's economy isn't on the verge of collapse, and markets are overlooking these indicators, China Beige Book says

Thu, 08/31/2023 - 13:17

Tech Insider : Economy

Construction site, Shanghai, China — Qi Yang/Getty Images

economy, Markets, China, chinese-investment, china-property-market, country-garden, Retail

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

Peloton falls 22% after earnings reveal plunging subscribers and steep cost of bike seat recall

Wed, 08/23/2023 - 12:55

Peloton

Markets, mi-exclusive, Peloton, pton-stock, pton-stock-price, peloton-bike, peloton-earnings

Macy's, Dick's, and Lowe's are sounding alarms on US shoppers

Tue, 08/22/2023 - 11:10

Lowe's — A shift in consumer spending is challenging retailers that sell discretionary merchandise like apparel and home goods.
Reuters/Mohammad Khursheed

Retail, Retail, macys, dicks-sporting-goods, dicks, lowe-s, home-improvement

Consumers have spent all of their excess savings from the pandemic. That's just one reason why stocks are poised to fall, JPMorgan says

Sat, 08/19/2023 - 08:30

Tech Insider : Economy

Three people from behind holding shopping bags — Cavan Images/Getty Images

Markets, mi-exclusive, stock-market, economy, Markets, finance, analyst-note

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