Higher incomes are offering households some relief, but rising prices continue to claim a substantial share of those gains. Fresh data released Thursday (June 25)...
As summer begins in the midst of this long holiday weekend kicked off by Juneteenth, the consumer spending outlook appears to contain a contradiction. PYMNTS...
Kroger’s revenues ticked up slightly last quarter as its shoppers felt increased financial strain. “The customer is under pressure,” Greg Foran, chief executive of America’s largest...
Americans are still spending on discretionary items, despite inflation, higher gas prices and the concern about affordability they share with researchers, Bank of America CEO...
Consumer sentiment has ticked up as gas prices eased, according to preliminary results for June from the University of Michigan’s Surveys of Consumers. The report’s...
Inflation accelerated in May, and while energy prices continue to grab headlines, shelter, food and services, categories that account for a large share of recurring...
JPMorgan Chase’s consumer and community banking chief said the lender is keeping an eye on consumer health. During a speech Tuesday (June 9) in New York City, Marianne...
Americans are facing growing affordability pressures, and companies are having mixed results in passing on higher costs, the Federal Reserve said in its May Beige Book released Wednesday...