Economy News Wealthier Americans Are Driving Retail Spending And Powering Us Economy
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Walmart raises profit expectations as more Americans hunt deals in sluggish economy
Walmart delivered another standout quarter, posting strong sales and profits that blew past Wall Street expectations as it wins over more cash-strapped Americans who have grown increasing anxious ... Read More
Americans keep spending despite gloomy economy
Despite a pervasive sense of economic pessimism, Americans continue to spend robustly on goods and services. Recent retail trends reveal sustained consumer activity, even as negative sentiment looms ... Read More
Americans plan to spend big this holiday season even as they fret about the economy, Visa finds
Americans are expected to open their wallets this holiday season, increasing their gift budgets even as a slowing job market and stubborn inflation weigh on consumer confidence, according to a new ... Read More
Americans' Downbeat Economic Sentiment Hasn't Stopped 'Aggressive' Spending
Core retail sales rose 0.6% month-over-month in October, reversing a 0.5% decline in September, the trade group said. Read More
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