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US Consumers Set To Spend $33.5B This Mother's Day, Despite Waning Sentiment
Investopedia· 3 days agoConsumers are expected to spend $33.5 billion this Mother's Day, the second-highest figure since the...
US online retail spending up 7% Jan-April, driven by demand for cheaper products, report says
Reuters via Yahoo Finance· 4 days agoConsumer discretionary spending has been in focus over the past several months, as sticky inflation...
Chinese e-commerce giants face delicate balance between discounts, profit
Reuters via Yahoo News· 12 hours agoBoth firms, which combined account for about 69% of China's e-commerce market revenue, according to...
Morning Bid: With US inflation, every decimal counts
Reuters via Yahoo Finance· 6 hours agoIt's finally the week of the U.S. consumer price lottery, and never has a second decimal been so important. The median forecast for...though...
Investors should load up on defensive sectors like consumer staples as macro data sends mixed...
Business Insider via Yahoo Finance· 6 days agoWilson highlighted stronger-than-expected data from the Employment Cost Index and prices...
China credit engine goes into reverse, piles pressure on Beijing
South China Morning Post· 4 hours agoIf the central bank is struggling to steer loans towards consumers and companies, there are ways it...
US consumer sentiment at six-month low; inflation expectations rise
Reuters via Yahoo News· 3 days agoThe larger-than-expected drop in sentiment reported by the University of Michigan on Friday was...
Retail ecommerce spending grows in first third of year, Adobe data shows
InternetRetailer.com· 4 days agoIn the first third of 2024, retail ecommerce spending grew 7% year over year in the U.S., according...
Walmart Teams With Disney in Race Against Amazon for Streamers’ Spending
PYMNTS.com· 3 days agoAs retail behemoths Amazon and Walmart compete for consumers’ spending, both are turning to video...
FIS raises annual profit forecast on strong consumer spending By Reuters
Investing.com· 7 days agoPayment processors such as FIS collect transaction fees from financial institutions and businesses...