consumer spending

Small Biz Barometer Broken? Confidence Crashes, Raising Concerns for Consumer Spending

Based on growing fears about inflation, U.S. small-business confidence fell to its lowest level in almost 11 years in March, according to a poll released on Tuesday.

US Consumer Optimism Surges as Holiday Shopping Season Gets Underway

The Conference Board, a business research organization, said on Tuesday that its consumer confidence index increased to 102 in November from 99.1 in October.

US economy concludes 2015 on positive note

The US economy recorded better than expected performance during the fourth quarter enabling it to conclude 2015 on positive mode. Surpassing the forecast of 0.7 percent, the US economy grew one percent during September-October quarter in 2015 giving much leverage to the US government to tighten monetary policy.

5 key economic trends to watch in 2016

Economists and analysts foresee the five key factors that would influence the global economy significantly in 2016. The major aspects such as industrial production, consumer spending, international trade, currency trends and inflation will influence the global economy. The lower energy costs will propel consumer spending upwards, while resulting in inflation rise.

London house prices to double by 2025, rents to go 27% higher

The average home price in London is set to double by 2025, while it's 50% surge in the UK, according to a latest study. The rise in housing prices is impacting consumer spending. The number of property millionaires is rising encouragingly since January. However, the new tax regime has slowed down the rate of growth in Scotland.

Banana Republic sales continue to slump

Banana Republic, a brand of Gap Inc, has been suffeirng sluggish sales for the past seven months. it fell 15 percent in November. Gap Inc is witnessing declining sales across its 3,700 stores. Banana Republic is in the process fo redesing product range to win the hearts of buyers.

Japanese auto majors may post encouraging quarterly results

Japanese automobile majors Toyota, Nissan and Honda are upbeat on performance as surges in US sales and weaker Yen are adding to their profits. The market analysts are closely watching second quarter and third quarter results to ascertain future outlook for 2016. The US and China markets account for one-third of total sales of Japanese automobile majors.

Brazil's deepening recession worries bankers, fuels job cuts

Bankers forecast Brazil's economy would further slip three percent in 2015 and unemployment rate spiral up to 10 percent in 2016.

China requires bold structural reforms for new sources of growth: IMF

Despite slow down in growth, China can sustain the progress and manage the risk, says IMF in its latest assessment report on the world's second largest economy.

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American Dream Deferred: Wealth Gap Deepens Among Millennials

A recent study found that there is a fresh wave of class conflict and animosity due to the widest wealth difference of any generation between affluent millennials and the rest of their age group.

Could You Qualify for SNAP Benefits?

The United States Department of Agriculture (USDA) oversees the food stamp program, also known as supplemental nutritional assistance, which is a vital tool for helping low-income families and individuals buy nutritious food.

Forget Stocks, Crypto Now Directly Impacts Housing Prices

According to a new study, as cryptocurrencies grow in importance inside American investment portfolios, their impact is seen not just in virtual transactions but also in real estate and consumer purchasing.

Bond Yields Drop as Job Growth Slows

After the April jobs data revealed weaker-than-expected payroll growth and an unexpected tick higher in the unemployment rate, U.S. Treasury rates fell on Friday.

Will Apple Keep Buffett Smiling? Doubts Emerge Over Company's Dominance

Even as late as 2020, four years after his investment colossus began to build a sizable stake in the business that produces iPhones, Warren Buffett of Berkshire Hathaway was still using a flip phone.

Must Read

Is China's Central Bank Gold-Buying Spree a Precursor for War? Part II of II

The idea of a nation acquiring large gold reserves in preparation for military endeavors is not without historical precedent. Prior to World War I, European powers increased their gold reserves, and a century later, Russia's central bank doubled its gold holdings in the years before its invasion of Ukraine. This same strategic stockpiling of gold could be inferred from China and its pre-war positioning for a Taiwan incursion.