Consumer Spending

Burberry’s Better-Than-Expected Rebound Spurs Confidence In Luxury Retail Sector
Burberry’s Better-Than-Expected Rebound Spurs Confidence In Luxury Retail Sector
March 12, 2021  |  Retail

A short but optimistic 100-word “unscheduled trading update” issued by British designer and retailer Burberry on Friday (March 12) gave a lift to the company,...

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Stocks, Real Estate Push US Household Net Worth To $130.2T
Stocks, Real Estate Push US Household Net Worth To $130.2T
March 12, 2021  |  Economy

The worth of U.S. households hit a new high at the end of 2020, hitting $130.2 trillion, The Wall Street Journal (WSJ) reported. Get the...

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Amazon And Walmart Are Nearly Tied In Full-Year Share Of Retail Sales 
Amazon And Walmart Are Nearly Tied In Full-Year Share Of Retail Sales 
March 11, 2021  |  Retail

Surging online shopping during the pandemic saw Amazon’s share of retail sales spike higher last year and come within striking distance of overtaking Walmart, new...

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House Greenlights Biden COVID Bill
House Greenlights Biden COVID Bill
March 10, 2021  |  Coronavirus

The U.S. House of Representatives gave the final OK on Wednesday (March 10) to the $1.9 trillion COVID-19 relief bill championed by President Joe Biden,...

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WandaVision Helps Put Disney+ Over 100 Million Subscribers
WandaVision Helps Put Disney+ Over 100 Million Subscribers
March 10, 2021  |  Subscriptions

Disney+, the Disney-owned movie and TV streaming service, has surpassed 100 million subscribers as of Tuesday (March 9), CNBC writes, just 16 months since its...

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Retailers Will Be Major Beneficiaries Of Third Stimulus Check And Extended Unemployment Benefits
Retailers Will Be Major Beneficiaries Of Third Stimulus Check And Extended Unemployment Benefits
March 08, 2021  |  Retail

As the third federal stimulus package works its way through Congress and closer to President Biden’s desk, retailers and industry trade groups are poised to...

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Consumer Credit Card Debt Hits Lowest Point Since 2017
Consumer Credit Card Debt Hits Lowest Point Since 2017
March 08, 2021  |  Debt

U.S. credit card debt dropped to its lowest point since 2017 as borrowing fell off in January for the first time since August, the Associated...

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Dorsey Sells Twitter’s First Tweet As NFT; $2.5 Million Bid
Dorsey Sells Twitter’s First Tweet As NFT; $2.5 Million Bid
March 07, 2021  |  Blockchain

Twitter CEO Jack Dorsey is auctioning off the first-ever tweet as digital memorabilia, Reuters reports. The tweet, from Dorsey, reads “just setting up my twittr”...

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Apparel And Travel Pack Up For A Comeback
Apparel And Travel Pack Up For A Comeback
March 05, 2021  |  Retail

It was a little too much to hope that the world would somehow magically revert back to the way things were a year ago when...

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