Store closures are also hurting mall owners and undermining projections for an end to the multi-year property market slump Global luxury retailers are hastening their retreat from China by shutting ...
Consumer surveys show a decline in sentiment as President Donald Trump ramped up tariff talk, while retail sales and consumer spending levels have also decreased.
Tariffs, layoffs, and inflation are fueling consumer frustration, shifting spending habits toward "underconsumption" and ...
U.S. consumer spending collapsed in January, falling to lows not seen in almost four years. Americans cut their spending by 0.2% in January as tariff threats, massive government and tech layoffs ...
Treasury Secretary Scott Bessent said Friday the United States economy has become increasingly reliant on excessive government spending, adding, “There’s going to be a detox period.” ...
WASHINGTON (Reuters) - U.S. Treasury Secretary Scott Bessent said on Friday that the U.S. economy may slow as it transitions away from public spending towards more private spending, calling it a ...
SYDNEY, March 7 (Reuters) - Australian household spending rose for a fourth straight month in January, driven by a rise in services, although the annual pace of growth slowed, data showed on Friday.
US House Republicans have unveiled a $1.5 trillion-plus spending bill aimed at preventing a government shutdown by maintaining current funding levels for federal agencies through the end of September.
The world’s richest man dominated the agenda of Trump’s first six weeks in office, literally wielding a chainsaw as a symbol for cutting government spending. Musk bragged about feeding the U.S ...
And that one week accounted for 18% of all spring pageview traffic in the category. What continually drives spending? Reviews. In fact, consumers often turn to authentic reviews to validate decisions, ...