‘Buy Now, Pay Later’ built a delirious new culture of consumption — and trapped users in a vortex of debt.
Category: Consumer Behavior
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Craft Breweries Struggle as Sales and Appetites Wane
Once the darling of the alcohol industry, small-batch beer makers are shutting down because of increased competition and flagging interest.
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Some Workers Are Turning to Pay-Advance Apps for Basic Expenses
Rising use “is not a signal of satisfaction,” an author of a new report says. Rather, heavy users of the apps are under “financial strain.”
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New Retail Leaders Confront Trump’s Tariffs, Policy Shifts and Weak Spending
New retail C.E.O.s are facing unexpected challenges, like tariffs and worried shoppers, as they try to address existing ones.
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Powell Stresses ‘Challenging Situation’ for Fed as Rate Debate Intensifies
Rising inflation and a weakening labor market have created a bind for the central bank, Jerome H. Powell, its chair, warned on Tuesday.
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Hamburger Helper Sales Rise as Americans Try to Save on Food
The price of beef and other grocery items are climbing, and consumers are turning to canned meats and a 1970s staple.
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With Amex’s Platinum Refresh, an Even More Exclusive Card Emerges
The card, which will cost $895 a year, leans even further into lifestyle and travel benefits that are attractive to younger generations.
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How China Is Weathering the Trade War With Trump
Tariffs triggered a plunge in China’s exports to the United States, but its global trade surplus is larger because sales to other regions are surging.
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CPI Shows Pace of US Inflation Likely to Keep Fed Cautious on Rate Cuts
The central bank is likely to lower borrowing costs at its meeting next week amid budding concerns about the labor market.
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Why Frequent Flier Programs Have Become Essential to Many Airlines
The biggest U.S. airlines make billions of dollars from their loyalty programs and branded credit cards, which some analysts believe are now essential to the businesses.
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Kraft Heinz to Break Up Its Food Businesses
A planned split of the mega company that makes products from Velveeta to Kool-Aid comes as consumers shift away from processed foods.
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PCE Inflation Stayed Stable in July, Keeping Fed on Track to Lower Interest Rates
The latest economic data keeps the central bank on track to lower interest rates at its next meeting in September.