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Why are China’s consumers spending less?
Retail Insight Network via Yahoo Finance· 14 hours agoMeituan (China’s leading food delivery app) saw revenue growth...growth of 42%. Painting a different picture, home retail continued a downward trend in...
Fed holds interest rates steady, lowers forecast to just one cut in 2024 amid high inflation
USA TODAY via Yahoo Finance· 2 days ago“Although the domestic economy looks to be slowing back toward trend, the labor market remains...
Falling Gas Prices Could Help Inflation-pressured Consumers
Sourcing Journal via Yahoo Finance· 1 day agoHe also pointed out that if the falling price trend continues “once the industry laps the lower raw...
US employers added 272,000 jobs in May, a sign of continued economic strength
KWQC-TV 6 Davenport· 7 days agoLast month’s strong job growth reflected the durability of America’s consumer-driven economy. With...
Eyes on the Fed for a September Rate Cut?
The Wall Street Journal· 2 days agoFirst, consider the differences between the PCE-deflator and the more popular consumer price index (CPI)3: The CPI measures the changing price of a fixed...
This study projects Colorado's quarterly economic growth to return to pre-pandemic levels
The Coloradoan via Yahoo Finance· 13 hours agoColoradoCast...the forecast horizon” and the latest ColoradoCast is “entirely dependent on the consumer remaining viable and strong. “There’s some indication that there might ...
Why the Recession Still Isn’t Here
The Wall Street Journal· 6 days agoNot this time. Surging stock and home prices, despite a brief downturn in early 2020, fueled spending by high-income consumers. On the other hand,...
Credit Card Spending Sagged Again in April Suggesting American Consumers Are Tapped Out
The Forex Market· 3 days agoAmerican consumers kept their credit cards in their pockets for the second straight month in April,...
Borrowers, especially the young, struggle with credit card debt in potentially bad sign for economy
Omaha World-Herald· 4 days agoConsumers are increasingly struggling to pay their credit card bills, raising concerns about severe delinquencies spiraling and sapping consumer
Debt-burdened Americans find no reprieve even as inflation cools
Politico via Yahoo Finance· 1 day agoMeanwhile, lower-income households are starting to tighten their belts. Wells Fargo Investment Institute President Darrell Cronk told reporters on a call Tuesday that this ...
