Tag: Consumer Behavior

What to Watch at the Fed’s September Meeting

Federal Reserve officials are expected to leave interest rates unchanged at their meeting on Wednesday, buying themselves more time to assess whether borrowing costs are high enough to weigh down the economy and wrestle inflation under control. But investors are likely to focus less on what policymakers do on Wednesday and more on what they […]

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Some Businesses Make ‘Woke Free’ a Selling Point

Jonathan Isaac is a forward for the National Basketball Association’s Orlando Magic, but he is perhaps better known as someone who chose not to protest police brutality against Black Americans during a summer of widespread activism involving racial injustice. Mr. Isaac, who is Black, turned that singular moment in July 2020 — when he decided […]

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China’s Import Curbs on Cosmetics Face Pushback in Europe

In the gloom of China’s economy, one area of business is booming: cosmetics. After enduring nearly three years of mandatory masks and frequent lockdowns during the pandemic, many Chinese consumers, wary of big-ticket purchases like apartments, are now splurging on lipstick, perfume, moisturizers and other personal care products. But cosmetics companies from France, Japan, South […]

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Will Restart of Student Loan Payments Be the Last Straw for Consumers?

Mykail James has a plan for when payments on her roughly $75,000 in student loans restart next month. She’ll cut back on her “fun budget” — money reserved for travel and concerts — and she expects to limit her holiday spending. “With the holidays coming up — I have a really big family — we […]

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What Retail Sales and Other Data Say About China’s Economy

China’s trains, planes, stores and beaches were a little fuller last month than a year ago, and the pace of activity picked up at factories, particularly those making mobile phones and semiconductors. A batch of numbers released on Friday by China’s National Bureau of Statistics showed a modest improvement in the country’s overall retail sales […]

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Inflation Sped Up as Gas Prices Rose

Federal Reserve officials are likely to remain wary about the outlook for inflation following a report released Wednesday: Overall price increases sped up because of a pop in gas prices in August, and a more closely watched index that strips out volatile food and fuel prices climbed at a faster monthly pace than expected. The […]

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‘I’m OK, but Things Are Terrible’

If President Biden loses his bid for re-election, a key factor will be the widespread perception that the economy is doing badly on his watch. Poll after poll shows Americans rating economic conditions as very bad and giving Biden very low approval for his economic management. The strange thing is that these bad ratings are […]

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