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Philippine Economy Grows Less Expected Than on Weaker Consumer Spending
US News & World Report· 2 days agoThe Philippine economy accelerated less than expected in the first quarter, government data showed on Thursday, as weaker consumer spending offset a rebound ...
Britain Shakes Off Recession as Economy Grows Faster Than Expected
New York Times· 15 hours agoThe British economy emerged from a recession at the start of this year, growing faster than...
Inflation and unemployment fears send consumer sentiment tumbling to a 6-month low
Fortune· 6 hours agoConsumers’ outlook has generally been gloomy since the pandemic and particularly after inflation first spiked in 2021. Consumers’ willingness to spend is a crucial driver of growth. In the first ...
Earnings Season Shows Consumers Using BNPL More Often for Clothes and Travel
PYMNTS.com· 2 days agoEarnings season’s not over yet — and the picture on consumer spending is mixed thus far. The Federal...
Jobless Claims Come in Higher Than Expected
Zacks via Yahoo Finance· 1 day agoSo far, we are not seeing that. The National Retail Federation (NRF), along with CNBC, is out this morning with a report on consumer spending. Ex-food...
A port-in-the-storm trade if the consumer continues to get pinched by rates and inflation
CNBC· 1 day agoThe consumer, making up 70% of the U.S. economy, is being hit by higher interest rates and sticky...
What is behind the UK leaving recession and what does it mean?
PA Media: Money via Yahoo Finance· 10 hours agoEconomists said that GDP grew for the quarter largely due to the services and production industries...
Japan’s Stock Market Is Booming. It Isn’t All About the Weak Yen.
The Wall Street Journal· 10 hours agoA further rapid depreciation of yen—it lost 4% against the dollar just in April—would pose two risks...
America’s Cash for Clunkers Is Back—in China
The Wall Street Journal· 2 days agoIt also wants households to swap out rickety home appliances and factories to get new equipment. Beijing has billed the trade-in program as a...
Jobless Claims Up, Retail Continues to Soften
Zacks via Yahoo Finance· 1 day agoSo far, we are not seeing that. The National Retail Federation (NRF), along with CNBC, is out this morning with a report on consumer spending. Ex-food...
