"Doom spending" is the latest economic trend among young Americans, though it certainly isn’t a good one. A CNN report found millennial and Gen Z shoppers across social media taking part in the act of ...
*As economic uncertainty rises under the new administration, 1 in 5 Americans admit to “doom spending“—making excessive or impulsive purchases driven by fear and anxiety about the future, according to ...
“The now common view,” according to the NYU Stern School of Business professor emeritus, “is incorrect over the medium term.” ...
The darkest U.S. consumer confidence outlook in 12 years is sobering, to say the least, but the big question for investors is whether consumers actually rein in spending to match their apparent gloom.
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Labubu dolls have been spotted dangling from Louis Vuitton and Saint Laurent purses as fashion’s quirky new status symbol, but their popularity could soon spell doom for the economy, an expert warns.
Six months ago, critics warned that President Donald Trumps tariffs would crush the economy. They said Americans would face soaring prices and crashing markets. The reality? As we near the end of 2025 ...
How could such a startling shift have happened in so short a time span? Having no capability to manage the economy, the Biden/Harris administration ushered in an era of rising prices unlike most ...
President Donald Trump's "America First" tariff policy has led to record revenue collections, but economic data reveals ...
Mark Twain once observed, “The report of my death was an exaggeration.” If the economy could speak, it would say much the same. Friday’s jobs report caused a flurry of alarming headlines in the press, ...
Chinese e-commerce giant Temu is the latest warning sign that the world's second-largest economy could be headed for a doom loop caused by overproduction and Beijing's industrial planning. PDD ...