Tag: consumer spending
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Luxury Cards Rise as Wealthy Fuel U.S. Spending
Affluent consumers sustain economic momentum
A growing divide in American consumer behavior is becoming more evident: a small, affluent fraction of the population is driving...
Retailers navigate tariffs with creative strategies
Tariffs raise costs, but price hikes stay limited
Major retailers like Walmart, Home Depot, and Coach parent Tapestry have reported steady consumer demand, even as...
Weak Job Growth Sparks Fears of Economic Slowdown
July data points to fragile labor market and tariff headwinds
The latest U.S. employment report revealed a stark deceleration in job creation, raising serious questions...
Euro Zone Grows Slightly Despite Trade Policy Headwinds
Modest Expansion in Q2 Reflects Ongoing Resilience
The euro zone economy posted a slight 0.1% growth in the second quarter of 2025, outperforming expectations of...
Goldman Sees Slower U.S. Growth Ahead Due to Tariffs
Tariff-Driven Inflation Threatens Consumer Spending
Goldman Sachs has warned that the U.S. economy is entering a period of weakened growth, primarily driven by inflation stemming...
