Nation Dec 26 U.S. consumers increased holiday spending this year even as they battled higher prices New data shows holiday sales rose this year even as Americans wrestled with still high prices in many grocery necessities and other financial worries.
Economy Aug 15 Americans spent more at retailers in July despite higher prices Americans stepped up spending at retailers last month by the most in a year and a half, easing concerns that the economy might be weakening under the pressure of higher prices and elevated interest rates.
Nation Aug 12 The growing demand for mini farm animals Americans are showing more interest in owning miniature cows, miniature goats, miniature donkeys and other diminutive farm animals.
Economy Jul 21 Many small businesses struggle to resume normal operations days after global tech outage Major customers of Microsoft and CrowdStrike are getting IT support to resolve the issues stemming from a faulty software update that caused technological havoc worldwide on Friday, but smaller businesses whose computers may have received the problematic update are struggling.
Economy Jun 18 High inflation curbs spending as retail sales rise a meager 0.1% in May Retail sales rose 0.1% in May, below the pace that economists projected, according to the Commerce Department.
Economy May 27 How inflation-weary shoppers can find summer deals at major retailers The reductions, which mostly involve groceries, are getting introduced as inflation showed its first sign of easing this year but not enough for consumers who are struggling to pay for basic necessities.
Economy Jan 17 Retail sales were up 0.6 percent this holiday season, fueled by a strong job market While consumers continue to face higher borrowing costs and prices, spending is being fueled by a strong job market and rising wages.
Economy Dec 26 Holiday sales rose in U.S. during despite some financial anxiety and higher costs Mastercard SpendingPulse said Tuesday that holiday sales rose this year. The indicator, which tracks all kinds of payments including cash and debit cards, found sales from the beginning of November through Christmas Eve climbed 3.1%, a slower pace than the…
Economy Nov 24 Retailers step up Black Friday deals to with consumers on tighter budgets in mind Consumers are coming under pressure as their savings dwindle and their credit card debt grows. Despite some relief from easing inflation, many goods and services like meat and rent are still far higher than they were just three years ago.
Economy Nov 23 Retailers hoping for Black Friday boon even as shopping slowdown is expected NEW YORK (AP) — Retailers are kicking off the unofficial start of the holiday shopping season on Friday with a bevy of discounts and other enticements.