By Tyler Durden Swedish appliance maker Electrolux AB announced a cost-reduction program after reporting a plunge in demand for its home appliances across Europe and the…
By Bryan Jung The average credit card debt held by households in the United States surged by 13 percent in the second quarter, the largest increase in…
By Tyler Durden President Biden and his top advisers have been adamant that the consumer is exceptionally strong this summer despite the economy slumping into…
By Tyler Durden The US economy is a 70% retail and service economy, which means it is entirely reliant on continued growth in domestic consumption…
By Tyler Durden Shares of AT&T fell on Thursday after CEO John Stankey said that customers are starting to put off paying their phone bills…
By Tyler Durden US consumer sentiment and confidence have deteriorated for households amid slowing economic growth and persistently high inflation that suggests stagflation. A new…
By Tyler Durden The latest inflation figures are due on Friday and will reveal if consumer prices are signaling a peak or will remain at…
By Tyler Durden While it is traditionally viewed as a B-grade economic indicator, the April consumer credit report from the Federal Reserve was another shocker…
By Michael Snyder Prices are soaring, there are widespread shortages of certain items such as baby formula all over the nation, and at the same…
By Tyler Durden After dismal earnings by such mammoth retailers as Walmart, Target and this morning’s “horror report” by Abercrombie and Fitch, on Tuesday afternoon…
By Tyler Durden While it is traditionally viewed as a B-grade indicator, the March consumer credit report from the Federal Reserve was an absolute shocker…
By B.N. Frank Americans are becoming more concerned about all the personal data that is being collected on them – and their kids – and…
By Tyler Durden Having warned the world to expect “extraordinarily elevated” levels of inflation due to “Putin’s Price Hike,” the White House is likely in…
By Tyler Durden U.S. consumers’ loyalty to brand names at supermarkets is quickly evolving as they try new grocery products amid snarled supply chains and…