consumer spending

Restaurant giant McDonald's (NYSE:MCD) has been known for offering value to consumers for decades. With consumers facing pressure to spend less amid higher grocery costs and other rising cost-of-living items, the restaurant giant is betting bigger on value later this year. McDonald's Plans New...

Discount retailer Dollar General Corporation (NYSE:DG) is set to report its fourth-quarter results on Thursday, offering insights into consumer shopping trends. Here’s what to watch, including earnings estimates and analyst ratings. Dollar General Q4 Earnings Estimates Analysts expect fourth-...

Economic momentum in the United States is no longer moving in one direction — it is fragmenting. The Fed’s latest Beige Book paints a picture of a two-speed economy: five out of twelve Fed Districts now reporting flat or declining activity — up from four last time. Beneath the surface, the...

The U.S. economy is increasingly divisive. On one side, a small portion of wealthy households continue to increase their fortunes, and on the other, everyone else is struggling to keep up. Popularly dubbed a K-shaped economy, it is a system in which growth is real but deeply uneven. Prosperity...

Credit card and financial company Visa Inc (NYSE:V) could provide an update on consumer spending health when the company reports fourth-quarter financial results after market close on Tuesday. Here are the earnings estimates, what experts are saying, and key items to watch. Earnings Estimates:...

Visa Inc (NYSE:V) reported third-quarter financial results after market close Tuesday. Here are the key highlights. V is showing strength near its 52-week high. Track live prices here. What Happened: Visa reported third-quarter net revenue of $10.17 billion, up 14% year-over-year. The revenue...

Americans are still spending, but not as freely as before. JPMorgan analyst Richard Shane notes that overall spending growth slowed to 2.4% in March, down from earlier in the year. Blame it on cautious consumers, a later Easter, or just a tough comparison to 2024 – but the numbers don't lie...

Visa Inc. (NYSE:V) has reportedly proposed a $100 million payment to Apple Inc. (NASDAQ:AAPL) to secure the Apple Card network. This move comes amid fierce competition among the country’s leading payment networks. What Happened: Apple Card is up for grabs as Goldman Sachs Group Inc. (NYSE:GS...

Black Friday in the U.S. saw unprecedented online sales this year, with generative AI chatbots being a key driver in boosting retail website traffic. What Happened: The online expenditure during the shopping festival hit $10.8 billion, a 10.2% jump from 2023. According to a report by Barron...

In a recent study, the National Retail Federation (NRF) warns that Donald Trump’s proposed tariffs could significantly impact American consumers, potentially reducing annual spending by $78 billion. What Happened: The NRF study highlights the potential consequences of Trump’s tariff...

The battle over consumer spending on food and household items continues to heat up and big-box retailers may be taking more market share from dollar stores across several categories. What Happened: Discount retailer Dollar General Corp (NYSE:DG) recently reported second-quarter financial results...

The latest Federal Reserve Beige Book report released Wednesday shows a slight expansion in overall economic activity, with 10 of the 12 districts showing growth, a mild improvement from previous findings. Consumer spending displayed minimal growth, manufacturing activity declined slightly and...

The Chinese government is tightening the noose on debt defaulters, imposing stringent penalties that include restrictions on high-speed rail travel and luxury accommodations. This move is part of a broader crackdown on unpaid bills. What Happened: Beijing is resorting to severe actions against...

U.S. retail sales surprisingly surged well above economic forecasts last month, spiking to a 4% annual growth and highlighting the resilience of American consumers despite increasing inflationary pressures. On monthly basis, retail sales grew 0.7%, softening from the 0.9% pace in February but well...

Higher interest rates may have helped consumers. That’s according to Ryan Detrick, chief market strategist at Carson Group, who asked: “We know consumers are paying more for things if they are using debt. How can this possibly be a good thing?” He answers by pointing to the...