inflation

Grocery Shoppers’ Budget Strategies May Outlast Inflation
Grocery Shoppers’ Budget Strategies May Outlast Inflation
December 08, 2023  |  Consumer Finance

When household finances are tight, consumers use various strategies to manage their budgets and make ends meet. This behavior applies to every spending category, from...

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Ollie’s Bargain Outlet Says It Was Built for This Economy
Ollie’s Bargain Outlet Says It Was Built for This Economy
December 07, 2023  |  Retail

As prices go up and people feel the pinch in their wallets due to inflation, Ollie’s Bargain Outlet is standing out as the go-to place...

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Banxico Says Mexico’s Financial System Remains Resilient
Banxico Says Mexico’s Financial System Remains Resilient
December 06, 2023  |  Banking

Mexico’s central bank has found that the country’s financial system remains resilient and stable despite the challenges posed by the complex global economic landscape. In...

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Holiday Shoppers May Pull Back Spending Despite Strong Black Friday
Holiday Shoppers May Pull Back Spending Despite Strong Black Friday
December 06, 2023  |  Consumer Insights

Before the start of the holiday shopping season, market research data suggested there would be generalized cost cutting across all spending categories and demographic groups....

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Walmart CEO: Next Year’s Spending Patterns Tough to Forecast
Walmart CEO: Next Year’s Spending Patterns Tough to Forecast
December 06, 2023  |  Retail

Walmart’s CEO says it’s difficult to project what the retailer’s post-holiday sales will look like. Speaking with CNBC Wednesday (Dec. 6), Doug McMillon said that higher credit...

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Bank of America CEO Brian Moynihan Says Economy Has Normalized
Bank of America CEO Brian Moynihan Says Economy Has Normalized
December 05, 2023  |  Economy

Bank of America CEO Brian Moynihan said Tuesday (Dec. 5) that there are signs of the economy slowing down but expressed optimism that it will experience a soft...

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Job Openings Drop to 2021 Levels as Hiring Slows
Job Openings Drop to 2021 Levels as Hiring Slows
December 05, 2023  |  Economy

New data from the U.S. Labor Department shows job openings at their lowest level in more than two years. The department’s Job Openings and Labor Turnover...

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Deflation Trend Could Pull Inflation Back to 2%
Deflation Trend Could Pull Inflation Back to 2%
December 03, 2023  |  Economy

Deflation has made its presence known, and could help bring inflation down to 2%. That’s according to a Sunday (Dec. 3) report by The Wall...

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Christmas Tree Costs Soar, Yet Consumers Still Pine for Authenticity 
Christmas Tree Costs Soar, Yet Consumers Still Pine for Authenticity 
December 02, 2023  |  Retail

As the festive season sleighs in and inflation plays Scrooge, one can’t help but wonder: Are folks still decorating their homes with real Christmas trees? ...

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