consumer spending

6 months ago

Target Warns of Weak Holiday Season as Middle-Class Shoppers Pull Back

Target has projected a lackluster holiday shopping season, forecasting flat sales for the year’s final quarter and lowering its profit outlook. The announcement comes alongside a modest 0.3% sales increase in its

Economy

4 months ago

US Economy Grows 2.5% in 2024, Trump Policies Add Uncertainty

The US economy expanded 2.5% over the past year, according to Commerce Department figures released Thursday, underscoring the solid economic foundation inherited by President Donald Trump. Consumer spending remained strong, supported by

Economy

7 months ago

U.S. Economy Achieves “Soft Landing” as Growth Outpaces Other Nations Amid Gloomy Voter Sentiment

Despite robust economic growth and inflation near the Federal Reserve’s target, a majority of Americans remain dissatisfied with the state of the economy as the presidential election approaches. U.S. gross domestic product

UK Economy Surprises with 0.7% Growth, But Challenges Ahead

Britain’s economy grew more strongly than expected in early 2025, giving a boost to the government and finance minister Rachel Reeves. However, she faces tougher challenges ahead due to her tax hike

7 hours ago

Economy

Rising Tariffs Hit U.S. Shoppers on Temu and Shein

Consumers are feeling the pinch as U.S. tariffs imposed by President Donald Trump on Chinese goods are pushing up prices on popular e-commerce platforms like Temu and Shein. Rena Scott, a retired

2 weeks ago

Business

The Economic Impact of Tariffs and the Likely Recession

The economic consequences of tariffs imposed by the Trump administration are expected to become apparent to everyday Americans soon, with a potential recession on the horizon for this summer, according to Apollo

2 weeks ago

Economy

Canadian Retail Sales Drop in February

Canadian retail sales experienced a 0.4% decline in February compared to January, totaling C$69.33 billion ($49.95 billion), according to Statistics Canada. The decrease was largely driven by lower sales at motor vehicle

3 weeks ago

Economy

US Consumer Sentiment Dips Amid Ongoing Tariff Uncertainty

US consumer sentiment in April has dropped to its fourth-lowest level since records began in 1952, reflecting mounting concerns over rising inflation and trade policy uncertainty. According to the latest survey from

3 weeks ago

Economy

U.S. Growth Hits 2.4%, But Tariffs Threaten Outlook

Year-end consumer spending fuels fourth-quarter GDP The U.S. economy expanded at a 2.4% annualized rate in the final quarter of 2024, according to revised data from the Commerce Department released Thursday. The

2 months ago

Economy

Wall Street lowers U.S. growth outlook for 2025

Economy cools but avoids collapse amid policy uncertainty After two years of outperforming forecasts, the U.S. economy is showing signs of cooling — though not cracking. Recent GDP revisions from the Federal

2 months ago

Markets

US Consumer Confidence Hits 4-Year Low in March

Economic outlook dims as inflation fears and Trump policies weigh Americans are growing more pessimistic about the future of the U.S. economy, with consumer confidence falling to its lowest level in over

2 months ago

Economy

Nike Faces Challenges as Tariffs and Weak Spending Cloud Earnings

Analysts Expect Modest Q3 Results Nike is set to report its fiscal third-quarter earnings after the market close on Thursday. As the world’s largest sneaker company navigates economic uncertainty, analysts have lowered

2 months ago

Business

Dollar General Reports Mixed Q4 Results, Plans Store Closures

Dollar General (DG) on Thursday posted fiscal fourth-quarter revenue that slightly exceeded Wall Street estimates, though profit took a hit due to a store portfolio review. Store Closures and Strategic Shift As

2 months ago

Business

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consumer spending

Target Warns of Weak Holiday Season as Middle-Class Shoppers Pull Back

US Economy Grows 2.5% in 2024, Trump Policies Add Uncertainty

U.S. Economy Achieves “Soft Landing” as Growth Outpaces Other Nations Amid Gloomy Voter Sentiment

UK Economy Surprises with 0.7% Growth, But Challenges Ahead

Rising Tariffs Hit U.S. Shoppers on Temu and Shein

Canadian Retail Sales Drop in February

US Consumer Sentiment Dips Amid Ongoing Tariff Uncertainty

U.S. Growth Hits 2.4%, But Tariffs Threaten Outlook

Wall Street lowers U.S. growth outlook for 2025

US Consumer Confidence Hits 4-Year Low in March

Dollar General Reports Mixed Q4 Results, Plans Store Closures

Latest Posts

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