Reports of a red-hot consumer-led rebound were doused Tuesday (June 15) after the Commerce Department reported that May retail sales slid 1.3 percent from the...
The country’s largest retail trade group says that 97 percent of its members have been impacted by port congestion and shipping delays — with nearly...
Living paycheck to paycheck is sometimes seen as synonymous with being poor, an unfortunate but relatively uncommon circumstance. In fact, it is far more widespread...
Consumer spending is 20 percent higher this year than 2019, a signal Bank of America (BoA) CEO Brian Moynihan told CNBC is a sign that federal accommodation...
By this time Tuesday (June 15), economists, investors and retail industry watchers will know exactly how fast the consumer shopping surge grew last month after...
Last year will go down in history for many things, but in retail circles, it will be remembered as the year that comps went out...
Some 2,028,961 travelers moved through U.S. airport security lines Friday, according to the federal Transportation Security Administration. The figure represents the first time the number...
Senior citizens, a demographic whose spending was significantly curtailed by the pandemic, are expected to spend substantially across a number of sectors as COVID-19 restrictions...
The Group of 20 (G-20) economies saw their overall gross domestic product (GDP) return to levels from before the pandemic in this year’s first quarter,...