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Consumer Spending

Brutal hike looms after RBA declares inflation its ‘highest priority’

All eyes are on the Reserve Bank's August meeting, after minutes from its last interest rate decision revealed returning inflation to target was the...

Business travel firm bets on AI to boost efficiency as Chinese work trips rebound

FCM Travel Greater China, a business-travel management company, plans to invest in its artificial intelligence capabilities and give its staff the skills they need...

A year after a record-breaking summer for travel, Americans are still dead set on getting away. Some are putting off major life milestones to...

But to meet their vacation plans, consumers must continue to grapple with inflation and high prices, and nearly half of survey respondents said they...

India’s nighttime shopping surges as 24 hour retail becomes increasingly adopted

Seven states of India have allowed retail shops to work for 24 hours a day, leading to a rise in...

Analysis-China’s retail outlook dims after mid-year shopping festival flop

By Casey HallSHANGHAI (Reuters) - Retailers in China face a daunting near-term future after a disappointing mid-year online shopping festival that has also clouded...

Michael Kors Is Mastercard’s First AI-powered Shopping Assistant Retail Partner

Mastercard has announced that Michael Kors is its first retail partner to use the Shopping Muse, the artificial intelligence-powered shopping assistant by Dynamic Yield,...

Study Finds That Consumers See Generative AI as an Enhancement to Their Shopping Experience

The newly released fourth annual commerce industry report by Coveo, a Quebec-based SaaS search engine powered by artificial intelligence, examines consumer shopping preferences, expectations and...

Is the US job market beginning to weaken? Friday’s employment report may provide hints

WASHINGTON (AP) — Tentative signs have emerged that the U.S. economy is cooling in a way that would be welcomed by the Federal Reserve's...

Hiking rates the RBA’s ‘only option’

Independent economist Warren Hogan has warned Australians can expect to face another interest rate hike at the next Reserve Bank meeting, as he also...

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