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Consumer Spending

Page 19 of 28
Jerome Powell at a press conference.
Finance
U.S. economy glows red hot with a 4.9% GDP reading for the third quarter
By Christopher Rugaber and The Associated PressOctober 26, 2023
people walking outside a Gucci showroom
Retail
Luxury slump intensifies as shoppers buy less Balenciaga and Gucci, in latest sign of an end to the ‘roaring 20s’
By Prarthana PrakashOctober 25, 2023
Chairman and CEO of Bank of America, Brian Moynihan
Finance
Bank of America warned consumers they would be pushed to the ‘point of pain’—and CEO Brian Moynihan says we’ve now reached that point
By Eleanor PringleOctober 18, 2023
The average American shopper will drop $1,652 worth of holiday cheer this year, Deloitte predicts
Retail
The average American shopper will drop $1,652 worth of holiday cheer this year, Deloitte predicts
By Chris MorrisOctober 17, 2023
Jerome Powell, Keith Forney
Finance
American shoppers spent more than twice what economists expected in September
By Anne D'Innocenzio and The Associated PressOctober 17, 2023
Women in a supermarket is selecting a dairy product
Commentary
Some politicians are waging a war on sustainability. New research shows U.S. consumers of all persuasions, from Gen Zers to boomers, are going in the opposite direction
By Tensie Whelan and Randi Kronthal-SaccoOctober 17, 2023
Taylor Swift fans
Retail
Vivid Seats’ ‘geriatric millennial’ CEO breaks down how he sees Gen Z’s spending, ‘FOMO-esque’ events and his urge to see Guns ‘N Roses
By Stan Choe and The Associated PressOctober 16, 2023
Gen Z is cooking more and shopping less as they struggle to achieve financial success
Personal Finance
Gen Z is cooking more and shopping less as they struggle to achieve financial success
By Chloe BergerOctober 13, 2023
picture of bernard arnault smiling
Retail
Bernard Arnault, the world’s second richest man, may be seeing the end of his winning streak as luxury shoppers bolt for the first time in years
By Prarthana PrakashOctober 11, 2023
William "Bill" Simon, president and chief executive officer of Wal-Mart U.S., speaks during a Bloomberg Television interview on the sidelines of the SelectUSA 2013 Investment Summit in Washington, D.C., U.S., on Thursday, Oct. 31, 2013.
Retail
American consumers are taking their foot off the spending pedal as bargain prices become rarer, former Walmart U.S. CEO says
By Chloe TaylorOctober 10, 2023
picture of a louis vuitton storefront in france
Retail
European luxury stocks are losing their allure on Wall Street and have hit their biggest slump since 2020
By Prarthana PrakashOctober 9, 2023
Businesswoman taking a break in a park
Personal Finance
Financial experts say we need to stop living in a ‘YOLO economy.’ They share 5 ways to rein in spending
By Alicia AdamczykOctober 7, 2023
Jane Fraser, chief executive officer of Citigroup
Finance
‘Cracks’ are starting to appear in consumer spending, warns Citigroup CEO Jane Fraser—and the worst may be yet to come
By Eleanor PringleOctober 2, 2023
Jerome Powell
Finance
5 economic shocks are about to hit the U.S. all at the same time: ‘There are storm clouds out there forming that we’re all seeing and watching—fearfully’
By Will Daniel and Alicia AdamczykSeptember 30, 2023
Morgan Stanley strategist Mike Wilson says consumer stocks are set to tumble on student loan restart, high gas prices and a weak housing sector
Finance
Morgan Stanley strategist Mike Wilson says consumer stocks are set to tumble on student loan restart, high gas prices and a weak housing sector
By Farah Elbahrawy and BloombergSeptember 25, 2023
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Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last yearplaceholder alt text
By Sydney LakeJune 25, 2026
Big Tech
As Big Tech showers employees with perks to win the talent war, Nvidia built a nearly $5 trillion company by making people pay for their own lunchplaceholder alt text
By Marco Quiroz-GutierrezJuly 1, 2026
Success
Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away fasterplaceholder alt text
By Preston ForeJune 27, 2026
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