consumer spending

apple iphone 6 intro

iPhone 6 eBay Auctions Reach Mega-Premium Price Craze

After this week's unveiling of the coming iPhone 6, Tim Cook and Apple Inc. (NASDAQ: AAPL) are almost assured to have a mega-hit on their hands. In fact, the larger ...
Read Full Story »
Mobile wallet

Long-Term Risks and Opportunities for Banks From Apple Pay

Fitch Ratings is among the many firms opining what the new Apple Pay will mean to the consumer market, and ultimately it has risks and rewards alike for banks and credit ...
Read Full Story »
apple-logo

RBC Says These Top Stocks to Benefit the Most From Apple Pay

Clearly, after many years of the same old same old, Tim Cook and the team at Apple Inc. (NASDAQ: AAPL) were not only needing to generate new buzz, they had ...
Read Full Story »
coffeeshop

What Express and Premium Store Launches Can Mean for Starbucks

Starbucks Corp. (NASDAQ: SBUX) announced last week that the company is planning on expanding its stores worldwide by 1,550 this year and by 1,600 in the coming fiscal year. It ...
Read Full Story »
credit cards

Decline in Consumer Spending Raises Concern for Deflation

In its report on personal income and spending for July, the U.S. Bureau of Economic Analysis data show that personal income in current dollars grew by 0.2% month-over-month, and personal ...
Read Full Story »
164113412

States With the Most Big Spenders

Consumer spending habits reflect the financial health of the nation’s households, yet vary widely across the United States. In 2012, Americans spent $35,498 per capita, a 3.3% increase from ...
Read Full Story »
Empty Shelves

Business Inventories Buildup Brings Weaker Expectations

The Commerce Department reported on Wednesday that Business Inventories were up by 0.4% for the month of June. The consensus estimate of economists polled by Bloomberg was spot on at ...
Read Full Story »
Porpoise

SeaWorld Clubs its Shareholders on Earnings

SeaWorld Entertainment Inc. (NYSE: SEAS) has had its share of problems as the public heard criticism of its treatment of captive animals. Now, it seems these problems are directly impacting ...
Read Full Story »
179085199

July Retail Sales Get Third Quarter Off to a Bad Start

Retail sales did not have much to show for in the first month of the third quarter. The Commerce Department reported Wednesday that retail sales were flat at 0.0% change ...
Read Full Story »
home prices

Rising Cash-Out Refinancings: Return of the Housing Bubble or Normalcy?

If you were in the business of flipping houses or buying a home and using it as a personal piggy bank each time the equity in the home rose, you ...
Read Full Story »
shopping

American Consumer Spending Continues to Falter

The consumer may have returned to malls and retail stores, but he remains wary about what he believes he can spend. Based on the portion of gross domestic product (GDP) ...
Read Full Story »
Education

Will ‘Back to School Spending’ Hurt Holiday Retail Sales?

As the economy recovers slowly, among the most critical questions about GDP recovery is how much money Americans actually have to spend for more than essentials. High energy and food ...
Read Full Story »
McDonald's

Do People Really Hate McDonald’s?

A new survey from Consumer Reports indicates that people queried prefer food from Chipotle Mexican Grill Inc. (NYSE: CMG) and Panda Express over what is offered by McDonald's Corp. (NYSE: ...
Read Full Story »
Cows

Are Lower Food Prices Coming?

Commodity prices for corn, wheat and soybeans have tumbled in the past three months and could fall even further as plenty of rain and warm -- but not too warm ...
Read Full Story »
walmart-truck

Where Are Walmart’s Customers Going?

An improving job market has not helped Wal-Mart Stores Inc.'s (NYSE: WMT) sales. Bill Simon, CEO of Walmart U.S., made that observation to Reuters. What he did not say is ...
Read Full Story »