Tag: Consumer Behavior
Wall Street’s Losing Streak Ends, but Uncertainty That Drove It Lingers
The stock market’s staggering run of losses came to an end last week, with the S&P 500 snapping…
Americans Keep Spending Even as Inflation Erodes Buying Power
Americans built up trillions of dollars in savings during the pandemic. Now, with prices rising at their fastest…
As Stocks Fall, Economic Fears Rise, Along With Inflation
Broadly speaking, earnings reports have shown that profit growth continues, and results from some big firms, like Microsoft…
Economy Contracted in the First Quarter, but Underlying Measures Were Solid
The U.S. economy contracted in the first three months of the year, as supply constraints at home, demand…
Biden Administration Plays Down Growth Decline in G.D.P. Report
The White House dismissed a slump in first-quarter growth that was driven by a quirk in inventories and…
Is America’s Economy Entering a New Normal?
The pandemic, and now the war in Ukraine, have altered how America’s economy functions. While economists have spent…
Why the Fed Raised Interest Rates
Shoppers at a mall in Miami Beach, Fla., earlier this month. A surge in consumer spending has helped…
IMF Warns Ukraine-Russia War Will Likely Slow Global Growth
The war in Ukraine and the associated sanctions that countries around the world have imposed on Russia are…
Rising Gas Prices Have Drivers Asking, ‘Is This for Real?’
After months of working from home, Caroline McNaney, 29, was excited about going back to work in an…
Omicron’s Economic Toll: Missing Workers, More Uncertainty and Higher Inflation (Maybe)
Covid-related absences are creating headaches for businesses that were struggling to hire workers even before Omicron. Restaurants and…
Rapid Inflation Fuels Debate Over What’s to Blame: Pandemic or Policy
The price increases bedeviling consumers, businesses and policymakers worldwide have prompted a heated debate in Washington about how…
China’s Economy Is Slowing, a Worrying Sign for the World
BEIJING — Construction and property sales have slumped. Small businesses have shut because of rising costs and weak…