The wealth effect giveth, and it taketh away. This week’s stock market volatility, and especially Friday (April 12)’s plummet in the wake of big bank...
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,...
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...
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...
Inflation is top of mind for the small businesses that power Main Street and the U.S. economy at large. Small business optimism hit its lowest...
Takeaways from the Federal Reserve Bank of New York’s March Survey of Consumer Expectations include emerging concerns about debt. Consumers haven’t budged in their expectations...