Finance News – Consumer Spending
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The U.S. economy swung back to growth as consumer spending rose despite tariffs
The increase in consumer expenditures alongside a significant decline in imports contributed to a 3% economic expansion in the U.S. during the second quarter, highlighting importan...
Read Full Article →Global stock markets jump after trade deal limits US tariffs on EU to 15% – business live
The recent agreement limiting tariffs between the US and EU positively impacted global equity valuations by reducing trade tensions, though ongoing economic challenges and cost pre...
Read Full Article →Stock Market Today: S&P 500, Nasdaq Hit New Highs on Retail Sales Revival
A rebound in consumer purchases combined with robust profits from a leading semiconductor company contributed to the overall rise in major market indexes, reflecting positive inves...
Read Full Article →Consumer spending rises even as tariff concerns grow and inflation speeds up
New data indicates that consumer expenditures increased in June compared to May, reflecting continued economic activity despite challenges from escalating prices and trade-related...
Read Full Article →Hot weather lifts UK spending as fans and sports gear add to sales
June experienced a 3.1% increase in consumer purchases compared to the previous year, reflecting a rebound influenced by warmer conditions and targeted discounts, despite ongoing f...
Read Full Article →Calgary Stampede: What the Greatest Outdoor Show on Earth says about the economy
The Calgary Stampede generates substantial economic activity in Alberta by attracting visitors, boosting local businesses, and reflecting broader recovery trends following recent t...
Read Full Article →Consumer spending drives ‘healthy pickup’ for UK businesses
Increased expenditure by households and companies has contributed positively to commercial performance, highlighting economic resilience even as rising costs and taxation continue...
Read Full Article →Beetroot ketchup to avocado oil mayo: how sauces have gone gourmet
Consumers are spending nearly £1 billion annually on premium sauces, reflecting a growing market trend toward diverse and flavorful condiments that enhance culinary experiences.
Read Full Article →Consumer spending habits are changing in this key way, Kroger says
Kroger Co. reports that due to ongoing economic concerns and tariff uncertainties, a growing number of customers are opting to prepare meals at home, which may impact retail and fo...
Read Full Article →Smith & Wesson Stock Sinks on Weak Consumer Spending Warning
Shares of Smith & Wesson declined as the company indicated a potential downturn in sales, reflecting concerns about reduced consumer demand impacting its future revenue streams.
Read Full Article →The luxury market is poised for a big slowdown, but there are some areas where people are still will...
Despite an overall reduction in high-end consumer spending, certain luxury segments continue to attract significant investment, indicating selective demand within the premium goods...
Read Full Article →Retail sales fell 0.9% in May, worse than expected, as consumers pulled back
The unexpected drop in retail sales highlights reduced consumer spending, influenced by lower fuel purchases and growing concerns about future economic stability, which may affect...
Read Full Article →Retail Sales Rose in May, But Trade Group Warns of Spending Shift
Despite the increase in consumer purchases last month, industry experts caution that changes in buying patterns could impact overall economic growth and future revenue streams for...
Read Full Article →Retail footfall dips in May despite higher consumer confidence
The decrease in in-store visits during May suggests potential challenges for retailers, as consumer spending growth did not keep pace with increased optimism among shoppers.
Read Full Article →China's May factory activity unexpectedly shrinks as tariffs dent sentiment — worst drop since 2022
The decline in manufacturing in May highlights ongoing economic challenges in China, where reduced investment and cautious consumer behavior continue to impact overall financial st...
Read Full Article →Live: Millions await minimum wage decision, with impact on consumer spending and interest rates
The upcoming determination regarding wage levels is expected to influence household expenditures and may also affect borrowing costs within the broader economy.
Read Full Article →US economy shrank at 0.2% rate in first quarter
The latest economic data reveals a decline in output during the initial quarter, marking the first downturn since 2022 and indicating a reduced pace in household expenditure growth...
Read Full Article →Macy's beats on earnings but cuts 2025 guidance because of tariffs
Despite surpassing first-quarter profit estimates, Macy’s lowered its annual earnings outlook due to increased costs from trade tariffs and reduced consumer confidence amid ongoing...
Read Full Article →Spending in pubs surges as Brits flock to beer gardens
In April, increased consumer preference for outdoor venues contributed to a notable rise in pub revenues, with overall hospitality sales also experiencing moderate growth compared...
Read Full Article →Amazon CEO Andy Jassy says tariffs haven't dented consumer spending
According to Amazon’s CEO, despite the implementation of extensive tariffs, the company has not observed a decline in customer purchasing behavior or a reduction in overall spendin...
Read Full Article →What CEOs from auto, housing, travel and ad markets are saying about tariffs, consumer spending and...
Executives from major industries including automotive, housing, and advertising discussed the impacts of trade policies and consumer behavior on economic trends during a recent bus...
Read Full Article →Cava revenue beats estimates as Mediterranean chain reports double-digit same-store sales growth
Cava’s stronger-than-expected revenue and notable growth in existing locations highlight its financial strength amid a broader industry trend of reduced customer visits and declini...
Read Full Article →Warm weather and Easter weekend boosted UK spending in April, says Barclays
In April, UK consumer expenditure notably increased compared to the previous year, driven by favorable seasonal factors and a rise in discretionary purchases, indicating a positive...
Read Full Article →The middle class is spending less on 'aspirational' luxury, and it's threatening a yearslong boom in...
Reduced expenditures by the middle-income demographic on premium goods are causing concerns about the sustainability of prolonged growth in the upscale retail sector.
Read Full Article →Consumer confidence has fallen, but these companies are seeing a spending uptick
Despite overall economic uncertainties and declining consumer sentiment, certain firms are experiencing increased sales that indicate targeted areas of financial growth amid broade...
Read Full Article →Wall Street week ahead: U.S. stock market leadership eyed with crucial economic data on tap
This week’s key economic reports, including inflation and retail sales data, are expected to impact investor sentiment and influence the direction of major U.S. financial markets.
Read Full Article →The Dow rises 140 points as inflation cools and consumer spending jumps
U.S. equities showed modest gains amid easing inflation and increased consumer activity, reflecting a potentially stable economic outlook that may influence investment decisions an...
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