Stocks
Costco Fuel Sales Hit Records as Bargain Hunters Fill Tanks
Costco reported record gas sales for the quarter ending May 10, driven by price-sensitive consumers seeking value amidst rising fuel costs. This...
#Consumer Spending 13 articles
Finance
Banks Shift Focus Upstream as Consumers Prepare for Cost Hikes
Consumers are proactively adjusting finances anticipating higher costs. Banks are responding by offering tools to forecast financial pressures before they become acute.
Markets
21% Gas Price Approval: Midterms Drive Retail Investment Shift
With only 21% approving of President Trump's gas price handling, consumers are tightening budgets, driving strong sales for discount retailers like Walmart...
Stocks
Pump Prices Jump 30% Ahead of Memorial Day, Storage Concerns Rise
U.S. gasoline prices averaged $4.55/gal on Friday, nearly 30% higher than last year, ahead of Memorial Day. Tightening storage levels suggest prices...
Economy
Walmart Uses Tariff Refunds for Price Cuts as Shoppers Feel Gas Price Squeeze
Walmart plans to use tariff refunds to lower prices, responding to consumer stress from rising gas costs. CFO John David Rainey noted...
Finance
Fed Data: Households Maintain Big Purchase Plans Despite Inflation
New Federal Reserve data reveals consumers intend to maintain spending on major purchases, with a focus on managing payments to absorb costs.
Economy
Japan’s Economy Grows 2.1% Annually on Consumer Spending
Japan's economy expanded at a 2.1% annualized rate in the January-March quarter, driven by robust consumer and business spending, government data shows.
Finance
Memorial Day’s Dual Identity: Remembrance Meets 65% Off Luxury Appliances
Memorial Day has transformed into a major retail event, with luxury appliances discounted up to 65% amidst record travel projections. The holiday...
Economy
Retail Sales Growth Halves in April as Higher Gas Costs Curb Spending
U.S. retail sales growth slowed significantly in April to 0.5%, down from March's 1.6%, as elevated gas prices, fueled by the Iran...