Brian Moynihan, CEO of Bank of America, said higher inflation and interest rates have dampened consumer and business spending this year. Get the Full Story...
As retailers look for ways to boost sales with their most loyal customers, Nordstrom is finding that supplementing its digital loyalty program with in-person events...
As consumers prove more cautious about their discretionary retail spending, Best Buy is seeing shoppers hold off until sales events to make big purchases. Get...
Kohl’s is looking to boost its sagging sales by promoting value to consumers who have been buffeted by high interest rates and inflation. Get the...
Cost-conscious customers from all income levels are helping drive sales at Burlington Stores. Get the Full Story Complete the form to unlock this article and...
Economic data frequently comes in stages: There’s the initial estimate, and then a revision. Get the Full Story Complete the form to unlock this article...
Economic activity in the United States expanded from early April to mid-May, though it varied in different industries and Federal Reserve districts. Get the Full...
With pets proving to be a financial strain for many consumers, Chewy has been seeing them hold off on adopting new pets until inflation eases...