The widely watched Chicago Purchasing Managers Index fell to 32.3 in May, hitting its lowest level since the recession year of 1982 as the COVID-19...
While the number of laid-off workers who filed for jobless benefits exceeded 40 million last week, 1 in 10 Americans say COVID-19 has boosted their...
A majority of American millionaires say they plan to spend less this summer than in years past, according to a new Second Quarter CNBC Millionaire...
Bank of America’s chairman and CEO sees light at the end of the COVID-19 tunnel. In an interview on CNBC’s “Squawk Box” on Thursday (May...
Call it the great shift. We’re still navigating the pandemic — which means doing what we used to do offline, increasingly, through digital means. As...
After a sharp decline in April, consumer confidence held steady in May as some businesses reopened in the wake of the COVID-19 pandemic, according to...
The last time Chinese eCommerce companies collaborated for an online shopping holiday it was called Singles Day. Held on 11/11 and managed by Alibaba, in...
As the U.S. begins procedures to tentatively reopen, the entire country has seen only a few across-the-board trends: namely, that people are filling up their...
European consumers are stockpiling savings as a way to be prudent during the pandemic, but that isn’t having a positive effect on the country’s lagging...