consumer spending

Average Credit Score Drops for First Time in 10 Years

Barbara Terrio

The average credit score has fallen for the first time since 2013, according to FICO, the data analytics firm whose ...

Gen Zers lead the way in Singapore’s online shopping space

Barbara Terrio

Logos of online social media and social networking sites displayed on a smartphone screen on August 01, 2023 in Bath, ...

Asia’s young and rich are fueling art demand — what are they collecting?

Barbara Terrio

Auctioneer Victoire Gineste gestures as she adjudicates for 20 million euros ($21.9 million) a recently rediscovered drawing by Michelangelo, the ...

US economic data points to ‘real momentum’ for 2024, White House says

Evan Massoud

By Andrea Shalal (Reuters) – Higher consumer spending over the holiday season, real wage gains over the last nine months ...

These 2 FAANG Stocks Could Be Unstoppable Winners in 2024: Time to Buy?

Barbara Terrio

It’s the end of the year, and that means Wall Street firms put out their top stock picks for 2024. ...

Walmart customers behaving so strangely it’s making bosses ‘sit up in their chairs’

Barbara Terrio

Walmart president and CEO Doug McMillon said individuals were opting for bargains. Derek White—Getty Images for Operation HOPE, Inc. The ...

Indian travelers are spending big but only 1% are going overseas

Barbara Terrio

India’s travel landscape is changing as the country emerges as a powerhouse in the tourism sector. Indian travelers took 1.7 ...

Alibaba shares dip as qtrly earnings loom amid China weakness

Barbara Terrio

Investing.com– Hong Kong-listed shares of Alibaba Group (HK:9988) (NYSE:BABA) fell on Thursday in anticipation of a quarterly earnings report which ...

American consumers may be starting to buckle. Here are 5 warning signs a spending slowdown is on the horizon.

Barbara Terrio

Spencer Platt/Getty Images There are a handful of signals that point to the strong US consumer finally slowing down. Macquarie ...

Federal Reserve holds interest rates at highest level since 2001

Barbara Terrio

The Federal Reserve maintained its benchmark interest rate on Wednesday in a range of 5.25%-5.50%, the highest in 22 years, ...