Data on personal income, spending and saving released Friday (June 27) from the Bureau of Economic Analysis painted a portrait of a pinched consumer. Get...
Nike said Thursday (June 26) that the new U.S. tariffs currently in place will cost the company about $1 billion. Get the Full Story Complete...
Consider the stress of middle-market companies like retailer Warby Parker, which sources a lot of its eyewear from China, one of America’s largest trading partners...
Consumer spending — the engine that drives the U.S. economy — is flagging, helping to reverse what seemed like relentless growth in gross domestic product...
For younger Americans in the Generation Z cohort, spending is out, while saving is reportedly in. Get the Full Story Complete the form to unlock...
Federal Reserve Chair Jerome Powell told Congress on Tuesday (June 24) that higher tariffs will likely lead to higher prices down the line – though...
The most recent inflation data indicate that the impact of tariffs overall has been thus far not been as drastic as some might have feared. But...
Global trade is only global thanks to key commercial arteries established over the duration of human history. Get the Full Story Complete the form to...
Used car retailer CarMax saw greater loan losses and economic uncertainty during the quarter ended May 31. Get the Full Story Complete the form to...