The opening week of first-quarter earnings season was billed as a referendum on the state of the U.S. economy, specifically consumer spending. While Wells Fargo didn’t post...
Consumers are still spending, but JPMorgan CEO Jamie Dimon, in remarks accompanying the banking giant’s latest earnings Friday (April 12), detailed concerns over inflation’s impact. And...
Consumer sentiment remained essentially unchanged in April, as it has been since the beginning of the year. While the figure inched down 1.9% from March,...
Alphabet’s stock is reportedly headed toward a $2 trillion market value, driven by investors becoming more optimistic about the company’s strategy in the artificial intelligence...
With ongoing financial challenges constraining shoppers’ purchasing power, furniture companies’ recent earnings reports show that consumers may not be willing to buy, say, a new...
In signs of continued pressure in the paycheck-to-paycheck economy, more consumers are making only the minimum payments on their credit cards. And the debt on...
U.S. wholesale inventories rose 0.5% in February compared with January. When compared with February 2023, these total inventories declined 1.5%, the U.S. Census Bureau said in a...
We’re all booking trips. But what we’re able to spend once we get away from it all … well, that remains to be seen. Delta...
Friday marks the beginning of earnings season. And, as is always the case, every three months, the big banks will give a glimpse into the...