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China’s April Retail Sales Growth Falls Short, Consumption Concerns Persist

Citizens was shopping at a supermarket in Nanjing, East China's Jiangsu province, on March 9, 2024. Costfoto | Nurphoto | Getty ImagesChina's retail sales growth slowed in April, data from the National Bureau of Statistics...
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Consumer Sentiment Plummets as Inflation Expectations Rise due to Tariffs

A lady strolls down the aisle of a Walmart supermarket in Houston, Texas, on May 15, 2025. U.S. buyers are getting more and more concerned that tariffs are gonna cause higher inflation, based on...
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Boost in Consumer Confidence Leading up to Election, Job Openings Decrease

Consumer confidence in the U.S. economy saw a significant boost ahead of the presidential election, according to reports released on Tuesday. The Conference Board reported that the consumer confidence index for October increased by...
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Record Low Three-Year Inflation Outlook in New York Fed Consumer Survey

Consumers in New York City are feeling more optimistic about inflation, according to a recent report from the New York Federal Reserve. While they still expect prices to rise in the short term, their...
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Potential Recession Ahead: Jamie Dimon’s Outlook and Predictions

JPMorgan Chase CEO Jamie Dimon recently shared his thoughts on the current state of the U.S. economy, expressing his belief that the likelihood of a recession is higher than a "soft landing." Dimon stated...
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Trump brand faces backlash in wake of recent controversies

Sears Holdings, the company that owns retail stores Sears and Kmart, recently announced that it would be removing 31 Trump-branded items from its website. This decision was made in order to focus on the...