Consumer spending

Core inflation in February hits 2.8%, higher than expected; spending increases 0.4%
The Federal Reserve’s key inflation measure rose more than expected in February while consumer spending also posted a smaller-than-projected increase, the Commerce Department reported Friday. The core personal consumption expenditures price index showed a 0.4% increase for the month, the biggest monthly gain since January 2024, putting the 12-month inflation rate at 2.8%. Economists surveyed […]
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Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong
Fast Money Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong Published Sat, Feb 22 20259:00 AM EST Stephanie Landsman@stephlandsman WATCH LIVE Source
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Australia November retail sales rise by most in 10 months on Black Friday boost
Pedestrians pass shops in the Queen Victoria Building in Sydney, Australia, on Friday, July 26, 2024. Lisa Maree Williams | Bloomberg | Getty Images Australian retail sales saw the biggest increase in 10 months in November as Black Friday discounting drew cost-conscious shoppers, but even so they missed forecasts suggesting consumer demand remains subdued. Analysts also suspect the extra demand was just brought forward from […]
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Best balance transfer cards with 0% APR of January 2025
Discover APRs are accurate as of December 12, 2024 Credit cards have notoriously high interest rates, so carrying a balance can be costly. However, some cards offer a path to paying off debt quicker with an introductory 0% APR period. These cards offer no interest for up to 21 months, which can more than offset […]
Read More5 advisors offer important tips for managing your money in 2025
Key Points Financial stability is top of mind for many Americans heading into 2025. Five financial planners on CNBC’s Advisor Council discuss the financial resolutions households should target next year. Source
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You’re ‘wired’ to overspend during the holidays, expert says — here’s what to do about it
Key Points Consumers are “wired” to think more of the short term instead of long-term financial goals, according to a behavioral finance expert. Americans expect to spend an average $1,014 on holiday gifts this year, according to a Gallup poll. There are ways to check your spending during the holiday season, experts said. Source
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Why a stock picking approach to small caps may boost performance right now
ETF Edge Why a stock picking approach to small caps may boost performance right now Published Sat, Oct 19 202411:00 AM EDT Krysta Escobar WATCH LIVE Source
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An airline now allows women to avoid sitting next to men. Here’s how travelers are reacting
India’s biggest budget airline IndiGo has been trialing a booking feature that will allow women to avoid booking a seat next to men on flights. The feature, the first of its kind for an airline, works by showing female travelers a pink seat at the seat selection page if it will be occupied by a […]
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China and India lead the charge as digital wallets overtake cash and cards in Asia
Consumers from China and India were the biggest users of digital wallets for both online and physical sales. D3sign | Moment | Getty Images Digital wallets are the fastest growing payment method in the world, and Asia is leading the charge, according to the latest report by payments processing firm Worldpay. Globally, digital wallets accounted […]
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