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Five Ways Consumers Are Pumping the Brakes on Spending
PYMNTS.com· 11 hours agoThe share of consumers reporting that they had reduced the quality of the items they purchased...
Starbucks sales are slumping. Is it a bellwether for the economy?
ABC News via Yahoo Finance· 8 hours agoStarbucks shares have plummeted more than 17% in value since the company revealed a sales slump in...
Investors should load up on defensive sectors like consumer staples as macro data sends mixed...
Business Insider via Yahoo Finance· 5 hours agoWilson highlighted stronger-than-expected data from the Employment Cost Index and prices...
UK consumer spending softens in April, surveys show By Reuters
Investing.com· 9 hours agoBarclays said annual growth in consumer spending on its payment cards slowed to 1.6% in April, its...
Baby Reindeer success comes amid jump in subscription spending – Barclays
PA Media: Money via Yahoo Finance· 9 hours agoThe spending research is based on consumer card spending data using Barclays debit card and...
FIS raises annual profit forecast on strong consumer spending By Reuters
Investing.com· 11 hours agoPayment processors such as FIS collect transaction fees from financial institutions and businesses...
Japan's service activity extends gains on solid demand, PMI shows
Reuters via Yahoo Finance· 8 hours agoJapanese service sector activity grew at the fastest pace in eight months in April thanks to solid business and consumer spending, a private survey showed ...
Shanghai sees shopping spending cross $7b during holiday
China Daily· 19 minutes agoShanghai reported steady growth in both online consumption and physical-store spending, reaching 53 billion yuan ($7.35 billion) during the five-day May Day holiday, according to official data.
Foreign investors offload India's financials, IT stocks in April, NSDL data shows
Reuters via Yahoo Finance· 3 hours agoRecent hotter-than-expected U.S. inflation and labour market data have dampened hopes of early rate...
'Inflation is still a problem': Consumers are spending more and saving less, new federal data shows
WCPO Cincinnati· 6 days agoConsumers are spending more money, but are cutting back on saving, according to new federal data....