consumer spending

This week, the EPA revoked what’s called the “endangerment finding,” which found that fossil fuel emissions can endanger human health. The agency says the U.S. will save money, but there are other costs, human and financial.

On top of the infamous “K shape” between high- and low-income households, economists also see a widening spending gap between high- and middle-income consumers.

Julissa Mercedes, a finance analyst living in San Diego, saved over $1,000 participating in the “No Spend January” challenge.

Breaks for businesses will allow them to spend more. Individuals are likely to get bigger-than-usual refund checks early in the year.

Economic stress can have an unexpected effect on consumer behavior, causing an increase in smaller, indulgent purchases that analysts call the “lipstick effect.”

Young people’s relationship to cash is changing—and some Gen Zers don’t even carry wallets anymore.

Even as holiday spending is expected to surpass $1 trillion, retailers are set to hire the lowest number of seasonal workers in decades.

New data on retail sales today that gave a sense of all-important consumer spending as we head into the heart of the holiday shopping season.

The older data reveals that inflation is still here and consumers are still spending.

Awaiting new data on consumer sentiment and retail sales this week, analysts say people seem to be concerned about job availability, high prices, and their ability to keep up with monthly bills.