The unraveling of the regional banking sector and successive bank failures will cause pain for the consumer in three key areas, CNBC’s Jim Cramer said.
American shoppers dramatically reined in spending in February compared with the start of the year, amid persistently high inflation.
Consumer inflation may have cooled off a little in February, but economists expect it is still running at a high pace.
China has yet to see a strong rebound in consumer spending, according to major companies.
The funding of the consumer watchdog by the Federal Reserve is the key issue in the case that the Supreme Court has agreed to hear.
As Goldman’s Marcus morphed from a side project to a focus for investors, the business expanded and ultimately buckled under the weight of Solomon’s ambitions.
Citi is bullish on Club holdings Estee Lauder (EL), Constellation Brands (STZ) and Procter & Gamble (PG).
Debt across all categories totaled $16.9 trillion as balances rose across all major categories.
The Consumer Financial Protection Bureau aims to reduce excessive credit card late fees by as much as $9 billion per year with a new rule proposal.
China’s consumption recovery from zero-Covid is getting off to a solid start – after a depressing fourth quarter.
Global trade, manufacturing, and warehouse trends provide a picture of consumer health and the economy. It’s not looking good right now.
Consumer confidence in the U.S. housing market is improving slightly, as mortgage rates settle and home prices fall.
For the year ahead, Bain Partner Derek Deng said China’s consumer spending likely wouldn’t even return to 2021 levels due to macroeconomic developments.
Markets closed out the first week of 2023 on a high note, as stocks rallied on fresh signs inflation may be easing.