consumer spending

Benzinga's Fintech Focus Podcast features conversations with the biggest names in fintech. Subscribe to the Fintech Focus newsletter to get a roundup of industry news delivered to your inbox weekly, and check out upcoming programming at Benzinga events. In this episode of Fintech Focus, we...

It seems a bit unusual For Tuesday, January 3, to be one of the busiest online shopping day of the year - but it is. According to CNBC's Courtney Reagan, many Americans are back at work on Tuesday and have amassed a collection of gift cards, unwanted gifts and tons of marketing emails and...

Consumer spending for the month of September rose 0.5 percent from a month earlier, which exceeded the 0.4 percent growth economists surveyed by the Wall Street Journal were expecting. The Wall Street Journal further noted that personal-consumption expenditures rose at a 2.1 percent pace in the...

Consumers are after all a segment that cannot be cowed down by see-sawing fortunes of the U.S. presidential race. Armed with the confidence bestowed by a healthy job market, consumers look set to make this holiday season their own. A report released earlier in the day by the Bureau of Economic...

Consumer spending isn't necessarily showing any signs of slowing down - an argument that seems unconvincing following poor earnings reports from many retailers, department stores and apparel makers. According to Jim Cramer, poor earnings reports from various retailers reflect in a shift in...

According to Robert Drbul of Nomura, the consumer is in a "better position to spend." Drbul added low gas and oil prices will also leave consumers with ‘extra cash to spend' and the low-income consumer should "continue to benefit." The analyst named Amazon....

The Vice Index has been revised and is now chained to January 2009. The data itself goes back to 1993. Vice spending is where the desire to spend meets the ability to spend. As the heart of consumer spending, vices adhere nicely to more conventional economic benchmarks like retail sales. Retail...

U.S. markets were mixed to start the week as the price of crude oil traded at levels it hasn't seen in more than two years following Saudi Arabia's announcement it will cut the selling price of oil to the U.S. and raise prices for other locations. Economic data released today showed...

U.S. stocks rallied to start the week on a positive note. Investors are looking for bullish signs that can erase last weeks declines, as the S&P 500 had its largest weekly drop since 2012 and the Volatility Index surged more than 30 percent. Portugal's Central Bank plans to spend 4.9...

Time is a wonderful thing. Having plenty of it pass since the Q1 2014 final U.S. GDP report of negative 2.9 percent has helped the Street to forget that weather was the laughable excuse for the poor economic data. Thursday morning, meanwhile, Morgan Stanley (NYSE: MS) was out with a note...

What may be good news for last-minute Christmas shoppers can also be seen as a sign of alarm from some retailers, who appear to be concerned about both the shortened holiday shopping season this year and word that some consumers have been staying home during the recent bout of winter storms. On...