February CPI Report Reveals Mixed Trends for Inflation
In February, inflation spiked more than expected due to higher gas prices, yet slowed in other areas like food and housing, offering a silver lining.
US Consumer Confidence Declines as Inflation Worries and Global Conflicts Weigh on Sentiment
Americans' confidence in the US economy has declined, with the preliminary reading on consumer sentiment for November hitting its lowest level since May at 60.4, below economists' expectations of 63.7.
Survey Reveals Average Income Levels for Financial Security and Feeling Rich in the US, While Many Struggle with Financial Insecurity
Survey results from Bankrate reveal that the average amount needed by US adults to feel financially secure is $233,000 per year, while $483,000 per year is the average amount required to feel rich or achieve financial freedom.
US Consumer Prices Show Signs of Steady Decline as Inflation Cools
Consumer prices in the United States rose only 0.1% from April to May, indicating a continued easing of inflation.
Understanding the Factors Behind Rising Business Prices
The reasons behind the ongoing global inflation crisis remain a topic of debate among economists.
Pride support for companies is proving difficult
The significant buying power of the LGBTQ+ community, estimated to be over 17 million people in the U.S. with more than $1 trillion in spending power, makes it difficult for companies to ignore.
The Impact of Inflation and Rising Interest Rates on Car Purchases in the US
As the Federal Reserve tackles inflation by increasing interest rates, many Americans face limitations when affording new or used vehicles.
Doubt surrounding renewable energy
Now that renewable energy is at the forefront of every company's agenda, it has sparked skepticism among some individuals.
Investment in direct delivery services surges by 66%
Many North American companies across various industries have reported that their direct-to-consumer delivery model has increased since 2020.
American consumers are growing weary of corporations siphoning every dime they have
After several years of cash stacking up in American households due to the pandemic, the pocketbooks are now wearing thin.
Consumers are dealing with renewed inflation, and inventory gluts may be to blame
When there is an inventory glut, it means that there is more supply of a particular product than demand for it.
The Federal Reserve raised the interest rates by a quarter point this week
What does this mean for you?
Consumer confidence dropped in January
According to The Conference Board Consumer Confidence Index, the drop accounted for two points - standing at 107.1, as opposed to 109.0 in December.
Step it up, senior management! Sustainability is up to you
Amazon Business recently conducted a study that involved researching employees across Europe of all ages.
Returns account for more than 20% of e-commerce sales
According to figures from the National Retail Federation, that number is rising in comparison to the approximately 10% that account for in-person shoppers.
Consumers are bent-out-of-shape, but with good reason
The University of Michigan’s May sentiment index sits at 58.4 - a massive dip from 65.2 in April.