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Marketplace

The GM strike marches on

Sep 20, 2019

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What’s behind the used car sales boom?

by Renata Sago Aug 21, 2018
Used car prices hit a record high this summer according to recent data from the business and research firm Cox Automotive. Economists there found car prices for July, which is usually a slow month, were up 5.1 percent from the same…
Used cars are displayed on a sales lot on June 9, 2011 in San Rafael, California.
Justin Sullivan/Getty Images

Prices may be headed up at Walmart and beyond

by Dan Gorenstein Aug 16, 2018
Retail giant Walmart is faced with the rising cost of raw materials, labor, trucking and the possibility of a trade war. All of that means consumers may soon see price hikes. If Walmart takes the leap, other retailers are likely…
A Wal-Mart store in Mexico City, Mexico. 
Daniel Aguilar/Getty Images

Retail rebound is now: Sales predicted up 4.5 percent over last year

by Erika Beras Aug 15, 2018
Major department stores report their earnings this week, starting with Macy’s on Wednesday, followed by Nordstrom and J.C. Penney on Thursday. After a retail slump and slide over many quarters, Americans are coming back to shopping, and the numbers show…
Department store sales have been declining.
EMMANUEL DUNAND/AFP/Getty Images

How are consumers spending their money?

by Renata Sago Jul 16, 2018
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…

Used car salesman? He’s looking better and better to consumers

by Renata Sago Jun 28, 2018
If the threatened 25 percent tariffs on cars produced in the European Union coming into the United States are imposed, more and more people may head to the used car lot.  Click the audio player above to hear the full…

Spike in demand for building materials helped drive overall retail sales in May

by Reema Khrais Jun 14, 2018
New numbers out Thursday show that Americans spent a lot of their paychecks on retail last month. U.S. retail sales were strong in May, rising about eight-tenths of a percent from a month earlier.  That may sound small, but it’s…

CEOs say trade uncertainty is restraining hiring and investing

by Reema Khrais Jun 6, 2018
CEOs aren’t feeling as optimistic about the economy as they did earlier this year. A quarterly survey from the Business Roundtable shows CEOs have lowered their expectations for hiring, spending and sales over the next six months. They’re nervous about the…

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Consumer spending lags confidence

by Kimberly Adams Mar 27, 2018
Americans say they’re optimistic about the economy. But stores aren’t seeing it in sales numbers, yet. Click the audio player above to hear the full story. 

Is 18 to 34 still the most coveted demographic?

by Ryan Kailath Dec 8, 2017
Our reporter confronts his fears of aging out of the most valuable advertising demographic.
Mike Hewitt / Getty Images

Black Friday may not be best day for deals

by Aaron Schrank Nov 22, 2017
More than half the respondents in a survey by WalletHub said Black Friday no longer offers the best deals of the year. The personal finance website analyzed ads from major retailers and found that there are a lot of deals…