From girl dinners to ChatGPT, a look back at the trends that broke the internet and taught us about the American economy this year.
Category: Consumer Behavior
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Prices for Some Goods Are Actually Falling This Holiday Season
As inflation slows, prices for some physical goods are falling outright, which could lift consumers’ spirits.
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Is Jerome Powell’s Fed Pulling Off a Soft Landing?
It’s too soon to declare victory, but the economic outlook seems sunnier than it did a year ago, and many economists are predicting a surprising win.
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Gas Prices Are Falling, Hitting Lowest Level in Almost a Year
The decline in gas prices has come as consumer sentiment has rebounded.
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Corporate America Is Testing the Limits of Its Pricing Power
Firms may struggle to keep profits up if demand slows, but so far they are finding ways to keep margins wide.
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Is the Holiday Shopping Season Going to Be a Success? The Answer Is Murky.
Black Friday weekend had a decent turnout for retailers, but it’s unclear if the rest of the season will deliver for the industry.
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The Fed’s Preferred Inflation Measure Eased in October
The Personal Consumption Expenditures price index continued to cool and consumer spending was moderate, good news for the Federal Reserve.
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Popular Science Shuts Online Magazine in Another Sign of Decline
The decision came three years after the publication ended its storied print edition, which began in 1872. It will still publish articles and videos on its website.
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Black Friday Isn’t What It Used to Be
Big discounts, many of them online only, start appearing well before Thanksgiving and will run long after. Some people still go to the mall, though.
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As Holiday Shopping Season Begins, Retailers Worry
Consumer spending has been strong in 2023 despite higher prices and waning savings. But some retailers have jitters heading into Black Friday.
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Retailers Wary of Squeeze on Shoppers Ahead of Key Holiday Season
Consumers have bucked expectations despite high inflation and interest rates, but retailers worry whether they can keep it up through the end of the year.