Consumers

Procter & Gamble posted its strongest quarterly sales growth after five years of no growth. Some savvy rebranding of old, familiar products and the introduction of organics has helped pull in younger customers. The company also trimmed its marketing budget worldwide, and there’s been a lot of growth in the subscription Gillette Shave Club. Click […]

Someone at the Federal Reserve is probably smiling right now. Six years ago, the Fed set a “target” rate for inflation, a Goldilocks level of 2 percent. Not too high, as in out-of-control prices and not too low, signaling a weak economy. Today, inflation has finally inched up to that target. So, what does that mean for […]

The U.S. Census Bureau will release June retail sales data this morning. We already know that consumer spending is strong right now due in part to a tight labor market and inflation. But how are consumers financing their current spending spree and what are they spending on, exactly? Click the audio player above to hear the […]

A resurgence is stocks, healthier home values and a low unemployment rate is boosting consumer optimism, which in turn means even more people are expected to travel this Thanksgiving holiday. Click the audio player above to hear the full story.