Can Smartphones Help Explain the Drop in Birth Rates?
A new working paper argues that smartphones, following the 2007 iPhone launch, may explain a sizable portion of the decline in birth rates by...
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Household spending, wages, housing, travel, food, retail, and personal-finance pressure that feed into the broader economy.
Spending resilience and price sensitivity
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UK Economy Contracts as Iran War Impact Weighs on Activity
UK GDP contracted by 0.1% in April as the Iran war affected costs and turnover for UK firms, marking the first monthly decline since August.
Gas-X Recall Expanded: FDA-Linked Cooling Fluid Contamination Reaches Four Lots
Haleon expands Gas-X recall after a machine coolant leak during packaging potentially contaminated four lots of Gas-X Extra Strength Softgels.
Kidisle Coffee Makers Recalled Over Burn Hazard Affecting 17,600 Units
More than 17,600 Kidisle coffee makers have been recalled due to a burn hazard, with 107 incident reports and 27 injuries cited by the CPSC.
Americans Grow More Pessimistic About Finances as Rent and Food Costs Rise, Fed Says
The New York Fed’s May survey reveals rising consumer pessimism, with 13.3% of households feeling worse off and expectations of higher costs in food...
Summer BBQ Inflation: The 14% Burger Tax Hits Your Wallet This Weekend
Hard-working Americans are facing sticker shock as inflation hits summer BBQ costs.
Macy’s Reports Strongest Q1 Growth in Four Years, Raises Full-Year Guidance
Macy's posted its strongest fiscal first-quarter comparable sales growth in four years, leading the retailer to raise its full-year guidance.
Disney’s Rita Ferro Spearheads Major Advertising Business Expansion Amid Industry Shifts
Rita Ferro, Disney's global advertising president, is expanding the company's ad business, focusing on major events like the Super Bowl and integrating ad tech...
McDonald’s Unveils “McDonald’s > NEXT” Global Growth Strategy Amid Rising Competition
McDonald's launched its "McDonald's > NEXT" global growth strategy, emphasizing new restaurant design, better food, consumer-led innovation, and improved customer service.
529 Plans Evolve as Powerful Savings Tools for College and Trade School Expenses
529 plans offer tax-free growth for college and trade school expenses, with expanded uses for K-12 tuition.