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Consumer Spending

A red sign reads "Black Friday Deal!" with an advertisement for a 40 percent discount.
Nov 28

Shoppers Spent a Record $9 Billion on Black Friday Despite Recession Fears

Online shoppers spent a record $9.12 billion this Black Friday, up 2.3 percent from last year, according to Adobe Analytics data, buoyed by a still-strong job market.
By Courtney Vinopal
A person looks at a phone while standing in front of a green background with the Shopify logo.
Jul 26

Shopify Plans to Lay Off 10 Percent of its Global Workforce as Pandemic Spending Wanes

Shopify is the latest tech company to lay off workers. The e-commerce site is cutting about 10 percent of its workforce as it adjusts to a slowdown in consumer spending.
By Courtney Vinopal
Models prepare backstage during 2016 Alfred Angelo Disney Fairy Tale Weddings Bridal Collection fashion show debut.
Nov 15

The $3B Wedding Industry Has a Major Millennial Problem

Saying 'yes to the dress' might not matter so much anymore.
By Lisa Schmeiser
Millennial shoppers are more fiction than reality.
May 5

The ‘Bank of Mom and Dad’ Is Stronger Than You Think

By Lisa Schmeiser
The debate over cybersecurity and encryption has heated up again thanks to Apple's battle with the federal government.
Jul 1

How Apple Uses Music to Take Your Money

By Justin Joffe
May 1

Sign O' The Times: Starbucks Drinker-ship Down, Lottery Ticket Sales Up

By Lysandra Ohrstrom
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