consumer spending News
Latest articles and news about consumer spending on AXL Media.
Latest Articles
- New Zealand Records Historic Surge in Fuel Prices Amid Global Geopolitical Tensions
Published: Apr 17, 2026
Section: Banking & Finance
New Zealand has experienced its most significant monthly spike in vehicle fuel costs since record-keeping began in 2011, driven by escalating conflict in the Middle East. Data from...
- The K-Shaped Collapse: Seattle Diner Closures Signal the Hollowing of Washington’s Middle-Class Economy
Published: Apr 4, 2026
Section: Global Economy
The closure of the iconic Blue Star Cafe & Pub in Seattle’s Wallingford neighborhood has become a symbol of the "K-shaped economy," where middle-market businesses are failing while...
- American Travel Demand Hits Four-Year Low as War-Driven Fuel Costs Reshape Summer Vacations
Published: Apr 2, 2026
Section: US & Canada
U.S. consumer intent to travel has plummeted to its lowest levels since 2022, with only 17 percent of Americans planning international trips over the next six months. Surging jet f...
- Dubai Retailers Pivot to Massive Discount Events as Regional Tensions Soften Discretionary Consumer Spending
Published: Apr 2, 2026
Section: Global Economy
The Big Clearance Sale by Concept Big Brands has returned to the Coca-Cola Arena, signaling a strategic shift among Dubai retailers to maintain sales volumes through aggressive dis...
- Macy’s Debuts Gemini Powered AI Stylist as Early Users Spend 400% More Than Average Shoppers
Published: Apr 2, 2026
Section: Companies & Industry
Retail giant Macy’s has officially launched "Ask Macy’s," a sophisticated conversational AI assistant developed in partnership with Google’s Gemini platform to transform the digita...
- Canada’s Inflation Drops to 1.8 Percent as Economists Warn of Looming Energy Driven Rebound
Published: Mar 18, 2026
Section: Business & Economy
Canada’s headline inflation rate cooled to 1.8 percent in February, marking a significant dip that analysts suggest may be temporary. With oil prices surging past US$100 per barrel...
- Restaurants Emerge as Bright Spot for US Job Growth as Consumers Seek Treats
Published: Feb 27, 2026
Section: Jobs & Careers
The American restaurant sector has become a primary driver of national employment gains in early 2026, defying broader cooling trends in the labor market. As consumers prioritize "...
- U.S. GDP Growth Cools to 1.4% Amid Government Shutdown and Consumer Pullback
Published: Feb 21, 2026
Section: Global Economy
The United States economy saw a significant deceleration in the final quarter of 2025, with Gross Domestic Product growing at an annual rate of 1.4%. This slowdown, down from 4.4%...