After mixed reports from retail rivals, Walmart reported better-than-expected quarterly results and raised its sales forecast for the year.
Category: Consumer Behavior
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Trump Tariffs Spur Layoffs and Price Increases as Companies Face Tough Choices
Businesses that had been in a holding pattern during President Trump’s evolving trade war are starting to plan ahead with more conviction.
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Trump’s Tariffs Could Raise Prices on Many Consumer Goods
The tariffs are driving up prices on everyday goods as businesses warn they can no longer absorb costs, leaving consumers to foot the bill.
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Disney, McDonald’s and the State of the U.S. Economy
The effects of President Trump’s trade war on households are expected to be a big focus in earnings calls held by major consumer-facing companies.
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Chinese People Are Known to Be Big Savers. Many Are Drowning in Debt.
As Beijing pushes consumer lending to stimulate the economy, millions of Chinese borrowers, especially the young, are falling into debt spirals.
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Key Inflation Measure Rose in June, Adding to Pressure on Fed
The price index was the latest indication that President Trump’s tariffs are beginning to show up in consumer prices.
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U.S. Economy Grew in Second Quarter as Tariffs Scrambled Data
Gross domestic product rebounded in the spring after contracting at the start of the year, but consumer spending remained weak.
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How a Chinese Brand Reshaped Hong Kong’s Food Delivery Scene
Meituan, the Chinese food delivery giant, tested its global expansion in Hong Kong, where its Keeta service displaced a rival before moving to other markets.
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Shoppers Embrace ‘Christmas in July’ Amid Rising Costs and Tariff Limbo
People are starting their holiday shopping earlier this year, using summer sales from retailers like Amazon and Walmart to save time and money.
