consumer spending

lottery balls

As Mega Millions and Powerball Lotteries Hit $612 Million, 12 Things Not To Do If You Win

With the lottery becoming the new American Dream rather than a lifetime of hard work, there is an amazing development taking place in the world of lotteries. Two different lotteries have ...
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money

Charitable Donations Hit $383 Billion, With $265 Billion From Individuals

Annual charitable giving reached another annual record last year, and the bulk of the donations continued to be from individual donors. Of the $383.25 billion given, $264.58 billion came from individuals, ...
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European currency

How Swiss Voters Saved Their Economy by Overwhelmingly Rejecting a Universal Basic Income

Switzerland has overwhelmingly rejected a national referendum on a universal basic income (UBI). The proposal was for a monthly stipend of $2,550 for every adult regardless of income or state ...
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Money close-up

Personal Spending Outpaced Income Gains in April

Personal income and consumer spending posted gains for the month of April. Personal income rose by 0.4% in April, meeting the consensus expectations from both Bloomberg and Dow Jones. Where ...
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buy now key

Amazon Tries to Lure Father’s Day Shoppers With Low-Price Deals

It may be a case of loss leaders used as means to lure customers. Or they goods that are cheap to buy in bulk and therefore can be marked up sharply. ...
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Tiki

$1 Is Worth 86 Cents in Hawaii, Less Than Any Other State

The cost of a home, food, transportation, fuel and clothing. The total of these state to state, particularly when income is taken into account, vary widely, making $1 stretch much ...
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Mother and Daughter

7 Unexpected Places to Find Great Mother’s Day Gifts

More than 15% of Americans over the age of 18 surveyed by the National Retail Federation (NRF) say that they don't celebrate Mother's Day. Or at least they don't celebrate ...
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denim work shirt

US Worker Pay Growing Faster Than Inflation, but Still Slow

In its report on personal income and spending for March, the U.S. Bureau of Economic Analysis data show that personal income in current dollars grew by 0.4% month-over-month, and personal ...
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Cash register

Consumers Are Cautious Despite Income Growth

Earlier this week, the Federal Reserve kept interest rates unchanged and downgraded its assessment of domestic growth from “moderate” to “slowed.” Looking at the U.S. dollar, it still remains under pressure, ...
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Welder

59% of Americans Think Economy Is Getting Worse

Despite low unemployment, low gasoline prices and strong markers like car sales, a malaise continues dog impressions about the health of the U.S. economy. Some of this is based in ...
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Wallet full of money

Personal Income and Spending Ticked Higher in February

Personal income and consumer spending both posted gains in February. Monday's report from the Bureau of Economic Analysis showed a gain of 0.2% in income and a gain of 0.1% ...
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pot o gold

The Economic Impact of St. Patrick’s Day (2016)

St. Patrick's Day is generally considered the one day of the year that drinkers must drink a beer. Irish beer to boot. All that rapid influx of beer buying and ...
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baby boy's feet

1 in 3 American Families Struggle to Buy Diapers

The Obama administration plans to solve a little known problem, which is that almost one-third of American families struggle to buy diapers. The effort also provides illumination of the plight ...
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aluminum cans

Cheap Gas Could Give Consumers Up to $80 Billion This Year: 4 Stocks That Could Benefit

Face it, unless you live in California, it’s almost been a pleasure to go fill up your vehicle these days. With prices dipping as low as $1.25 in some areas, ...
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Costco

Where Do People Spend More: Wal-Mart, Costco or Whole Foods?

The joke that Whole Foods Market Inc. (NASDAQ: WFM) should actually be called Whole Paycheck reflects the fact that the organic grocer's prices are on the high side. But how, ...
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