How to reduce your spending in 2023, according to money-saving experts
With inflation rising, Newsweek spoke to money-saving experts to find out how you can try and save some cash during the cost-of-living crisis.
Unemployment claims hit 3-month high ahead of holidays
Claims aren't believed to be a negative sign of things to come in the overall labor market.
Inflation drops sharply in another win for Joe Biden, Democrats
Some economists were cautiously optimistic that the White House's predictions of a transitory period of inflation were turning out to be true.
Over 1 Million Saws Recalled for Projectile Laceration and Injury Concerns
Nine people have reported laceration injuries, according to the U.S. Consumer Protection Safety Commission on Thursday.
Americans Using Buy Now Pay Later for Basics May Face a 'Snowball of Debt'
Finance experts have told Newsweek that those turning to buy now pay later for groceries and gas could be led into debt without realizing it.
Why Is Inflation So High Right Now?
Experts point to a number of factors behind the largest rise in consumer prices since 1981.
U.S. Is Already in a Recession: Billionaire Investor
ARK Invest CEO Cathie Wood said consumer sentiment, combined with supply chain problems, has already caused a recession.
Patio Furniture, Teeth Whitener and Sweats: the Latest in Pandemic Spending
Consumer spending continued to surge in Year Two of the pandemic but there were some shifts in what Americans chose to buy.
As Pandemic Shifts Loyalties, Shoppers Favor Brands that Share Their Values
The pandemic is reshaping Consumer Behavior. Shoppers have more choices than ever — and what they want are brands that share their values
Retail Spending Rose in November; Experts Optimistic for Holiday Season
Retail spending increased by 0.3 percent in November, compared to the 1.8 percent rise in October, but experts are still confident in the holiday season.
Spending Rises in October, Unemployment Claims Dip in New Economic Data
A 1.3 percent rise in consumer spending in October in the face of rising inflation gave experts a positive sign in new economic data released Wednesday.
Stocks Rise, Investors Wonder if Consumers Try to Stay Ahead of Inflation
Consumers continue to spend even with higher prices, though analysts are concerned that consumers could eventually cut back on spending because of inflation.
Central Banks Creating Cryptos; Retail Slumps, Bars and Restaurants Boom
Nearly 90% of the world's central banks are developing digital currencies, apparently pressured by the rise of Bitcoin and other crypto currencies. Retail sales dipped in May, but spending at bars and restaurants surged as COVID-19 vaccination rates rose.
Mom Billed for Entire Building's Electricity After Tech Glitch
The woman reportedly changed her electricity supplier several times, believing she was being overcharged, and had to borrow money from her family to cover the high cost of the bill.
April Consumer Price Increases Largest Rise in Over a Decade
Over the past 12 months, consumer prices have jumped 4.2 percent—the fastest rise since a 4.9 percent gain in the 12 months that ended in September 2008.
Prices of Coffee, Wine, Toilet Paper Set to Rise in Post Pandemic Era
Coffee and wine prices are expected to rise, with demand for both beverages expected to remain strong in the post-pandemic era.
Dogecoin Price Tracker, Updates as Cryptocurrency's Value Holds Steady
The joke cryptocurrency currently ranks 12th among the world's largest cryptocurrencies based on market cap value.
How to Buy Bitcoin on Coinbase, Binance and Other Cryptocurrency Exchanges
Users should be aware of any fees that may apply with Bitcoin purchases, depending on the cryptocurrency exchange platform accessed.
114 Democrats Say Extend $600 Unemployment Benefits Until Pandemic Ends
Local consumer spending is expected to fall 44 percent without the extension of the $600 payments that supplemented 30 million Americans' unemployment benefits.
Bank of America Chief: Consumer Spending Will Keep Economy in 'Good Shape'
"The underlying consumer is doing well and making more money. More importantly, they're spending more money."
Retail Sales Outpace Estimates, Offering More Optimistic Economic Signal
Consumer spending accounts for more than two-thirds of the U.S. economy, and the retail figures indicated that consumers were not yet tightening purse strings despite dire economic predictions spurred by the inverted yield curve.
Does Too Much Information Cause Us to Be Bad Consumers?
Embedding sustainable ideals into everyday life is fraught with difficulties.
Consumer Spending, Inflation Rise in U.S. in April
Acceleration in economic growth could persuade the Federal Reserve to raise interest rates again as early as June.
Economic Growth Suffers Setback in U.S.
Consumer spending slows and strong dollar undercuts exports; labor market seen leading rebound.
U.S. Economy Continues to Expand: Federal Reserve
U.S. economic activity continued to expand in October and November, with lower gasoline prices boosting consumer spending, the Federal Reserve said on Wednesday.